Report Update Apr 1, 2024

Puerto Rico - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Tomato Market 2024

Tomato Market Size in Puerto Rico

After two years of growth, the Puerto Rican tomato market decreased by -3.4% to $X in 2021. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Puerto Rico consumption peaked at $X in 2020, and then fell in the following year.

Tomato Production in Puerto Rico

In value terms, tomato production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 13% against the previous year. Puerto Rico production peaked at $X in 2020, and then dropped slightly in the following year.

The average yield of tomatoes in Puerto Rico totaled X tons per ha in 2021, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 4.2%. Over the period under review, the tomato yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The tomato harvested area in Puerto Rico reduced modestly to X ha in 2021, approximately equating the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 2.1%. Over the period under review, the harvested area dedicated to tomato production attained the maximum at X ha in 2016; however, from 2017 to 2021, the harvested area failed to regain momentum.

Tomato Exports

Exports by Country

In 2021, Mexico (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Morocco (X tons) and Turkey (X tons) were the largest exporters of tomatoes, together creating 59% of total exports. Afghanistan (X tons), China (X tons), France (X tons), Jordan (X tons), Belgium (X tons), the United States (X tons), Canada (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Afghanistan (with a CAGR of +48.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato supplying countries from Puerto Rico were Mexico ($X), the Netherlands ($X) and Spain ($X), with a combined 54% share of total exports. These countries were followed by Morocco, France, Canada, China, Belgium, Turkey, the United States, Azerbaijan, Jordan and Afghanistan, which together accounted for a further 34%.

Afghanistan, with a CAGR of +38.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Tomato Imports

Imports by Country

The United States was the key importing country with an import of around X tons, which accounted for 26% of total imports. Germany (X tons) took the second position in the ranking, followed by France (X tons), Russia (X tons), Pakistan (X tons) and Saudi Arabia (X tons). All these countries together held approx. 33% share of total imports. The UK (X tons), the Netherlands (X tons), Canada (X tons), Spain (X tons), Poland (X tons), Syrian Arab Republic (X tons) and Italy (X tons) held a minor share of total imports.

From 2012 to 2021, average annual rates of growth with regard to tomato imports into the United States stood at +2.7%. At the same time, Spain (+7.5%), Saudi Arabia (+6.1%), Pakistan (+5.6%) and Poland (+5.1%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +7.5% from 2012-2021. Germany, Syrian Arab Republic, Canada, the Netherlands, Italy and France experienced a relatively flat trend pattern. By contrast, the UK (-1.9%) and Russia (-6.8%) illustrated a downward trend over the same period. The United States (+3.9 p.p.), Pakistan (+1.8 p.p.) and Saudi Arabia (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by -5.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 53% of total imports. These countries were followed by the UK, Russia, the Netherlands, Canada, Poland, Spain, Italy, Saudi Arabia, Pakistan and Syrian Arab Republic, which together accounted for a further 27%.

Spain, with a CAGR of +11.6%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomatoes in the world?

China remains the largest tomato consuming country worldwide, comprising approx. 34% of total volume. Moreover, tomato consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with a 7.5% share.

What are the largest producers of tomatoes in the world?

The country with the largest volume of tomato production was China, comprising approx. 34% of total volume. Moreover, tomato production in China exceeded the figures recorded by the second-largest producer, India, threefold. Turkey ranked third in terms of total production with a 7% share.

What are the leading suppliers of tomatoes to Puerto Rico?

In value terms, the United States, Germany and France were the countries with the highest levels of imports in 2021, with a combined 53% share of total imports. These countries were followed by the UK, Russia, the Netherlands, Canada, Poland, Spain, Italy, Saudi Arabia, Pakistan and Syrian Arab Republic, which together accounted for a further 27%.

What are the leading importers of tomatoes from Puerto Rico?

In value terms, Mexico, the Netherlands and Spain appeared to be the countries with the highest levels of exports in 2021, with a combined 54% share of total exports. Morocco, France, Canada, China, Belgium, Turkey, the United States, Azerbaijan, Jordan and Afghanistan lagged somewhat behind, together accounting for a further 34%.

This report provides an in-depth analysis of the tomato market in Puerto Rico. 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 2030.

Product coverage:

FCL 388 - Tomatoes, fresh

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023