Global Tomato Market to Reach 214 Million Tons and $225.8 Billion by 2035
Global tomato market analysis: consumption, production, trade, and forecasts. Key insights on leading countries, growth trends, and market value projections to 2035.
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View PricingThe revenue of the tomato market in the Philippines amounted to $X in 2018, surging by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Tomato consumption peaked in 2018 and is expected to retain its growth in the immediate term.
In value terms, tomato production totaled $X in 2018 estimated in export prices. Overall, tomato production continues to indicate a buoyant increase. The growth pace was the most rapid in 2017 when production volume increased by X% y-o-y. Over the period under review, tomato production reached its maximum level in 2018 and is likely to see steady growth in the near future.
Average yield of tomatoes in the Philippines amounted to X ton per ha in 2018, surging by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2014 when yield increased by X% y-o-y. Over the period under review, the average tomato yield reached its maximum level in 2018 and is expected to retain its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the total area harvested in terms of tomatoes production in the Philippines amounted to X ha, therefore, remained relatively stable against the previous year. Over the period under review, the tomato harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when harvested area increased by X% year-to-year. Tomato harvested area peaked at X ha in 2010; however, from 2011 to 2018, harvested area remained at a lower figure.
In 2018, approx. X kg of tomatoes were exported from the Philippines; approximately equating the previous year. Over the period under review, tomato exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Over the period under review, tomato exports reached their peak figure at X kg in 2016; however, from 2017 to 2018, exports failed to regain their momentum.
In value terms, tomato exports amounted to $X in 2018. In general, tomato exports continue to indicate remarkable growth. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.
Kuwait (X kg) was the main destination for tomato exports from the Philippines, accounting for a X% share of total exports. Moreover, tomato exports to Kuwait exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.
From 2007 to 2018, the average annual growth rate of volume to Kuwait totaled -X%.
In value terms, Kuwait ($X) remains the key foreign market for tomato exports from the Philippines, comprising X% of total tomato exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports.
From 2007 to 2018, the average annual rate of growth in terms of value to Kuwait amounted to +X%.
The average tomato export price stood at $X per ton in 2018, increasing by X% against the previous year. Overall, the tomato export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Canada ($X per ton), while the average price for exports to Kuwait totaled $X per ton.
From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Canada.
In 2018, the tomato imports into the Philippines stood at X tons, increasing by X% against the previous year. In general, tomato imports continue to indicate extraordinary growth. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. In that year, tomato imports reached their peak and are likely to continue its growth in the immediate term.
In value terms, tomato imports totaled $X in 2018. Overall, tomato imports continue to indicate a strong increase. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. In that year, tomato imports attained their peak and are likely to continue its growth in the immediate term.
Australia (X kg), Italy (X kg) and the U.S. (X kg) were the main suppliers of tomato imports to the Philippines, together accounting for X% of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Italy (+X% per year), while imports for the other leaders experienced more modest paces of growth.
In value terms, the largest tomato suppliers to the Philippines were Australia ($X), Italy ($X) and the U.S. ($X), with a combined X% share of total imports.
Italy (+X% per year) experienced the highest growth rate of market size, in terms of the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.
In 2018, the average tomato import price amounted to $X per ton, waning by -X% against the previous year. In general, the tomato import price continues to indicate a slight drop. The pace of growth was the most pronounced in 2012 when the average import price increased by X% against the previous year. In that year, the average import prices for tomatoes reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the average import prices for tomatoes failed to regain its momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the U.S. ($X per ton), while the price for Australia ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the prices for the other major suppliers experienced a decline.
This report provides an in-depth analysis of the tomato market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Export
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Global tomato market analysis: consumption, production, trade, and forecasts. Key insights on leading countries, growth trends, and market value projections to 2035.
Global tomato market analysis: consumption, production, trade, and forecasts. Key insights on leading countries, growth trends, and market value projections to 2035.
Global tomato market analysis for 2024-2035: consumption to reach 206M tons, market value to hit $213.9B, with China dominating production and the US leading imports. Key trends in trade, pricing, and regional dynamics.
Global tomato market analysis for 2024 with forecasts to 2035. Covers consumption, production, trade, key countries (China, US, India), and projected growth (CAGR of +0.8% in volume, +1.3% in value).
With increasing demand for tomatoes worldwide, the tomato market is projected to continue its upward consumption trend over the next decade. The market is expected to grow by +0.8% in volume and +1.2% in value annually, reaching 206M tons and $211.4B respectively by the end of 2035.
Discover the latest trends in the global tomato market, with projections showing an increase in both volume and value over the next decade.
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