Southern Asia: Tomato Juice Market 2024

Tomato Juice Market Size in Southern Asia

The South Asian tomato juice market was estimated at $X in 2022, growing by X% against the previous year. The total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Tomato Juice Production in Southern Asia

In value terms, tomato juice production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Tomato Juice Exports

Exports in Southern Asia

Tomato juice exports surged to X tons in 2022, rising by X% on 2021. Overall, exports, however, showed a deep reduction. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato juice exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Nepal prevails in exports structure, reaching X tons, which was approx. X% of total exports in 2022. India (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to tomato juice exports from Nepal stood at X%. At the same time, India (X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Southern Asia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of India increased by X percentage points.

In value terms, Nepal ($X) remains the largest tomato juice supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports.

In Nepal, tomato juice exports plunged by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, continues to indicate a perceptible slump. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Nepal amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Tomato Juice Imports

Imports in Southern Asia

In 2022, approx. X tons of tomato juice were imported in Southern Asia; waning by X% compared with 2021. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then shrank remarkably in the following year.

In value terms, tomato juice imports contracted markedly to $X in 2022. Over the period under review, imports, however, posted prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank sharply in the following year.

Imports by Country

Afghanistan was the key importer of tomato juice in Southern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. Maldives (X tons) took the second position in the ranking, followed by India (X tons) and Sri Lanka (X tons). All these countries together took approx. X% share of total imports. Bangladesh (X tons) followed a long way behind the leaders.

Afghanistan was also the fastest-growing in terms of the tomato juice imports, with a CAGR of X% from 2012 to 2022. At the same time, Maldives (X%), India (X%), Sri Lanka (X%) and Bangladesh (X%) displayed positive paces of growth. While the share of Afghanistan (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sri Lanka (X p.p.), India (X p.p.) and Bangladesh (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) constitutes the largest market for imported tomato juice in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports. It was followed by India, with a X% share.

In Afghanistan, tomato juice imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Maldives (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Maldives ($X per ton) and India ($X per ton), while Afghanistan ($X per ton) and Bangladesh ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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