Report U.S. - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Dec 29, 2021

U.S. - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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U.S.: Tomato Juice Market Overview 2021

Tomato Juice Market Size in the U.S.

The U.S. tomato juice market contracted to $X in 2020, which is down by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed strong growth. The most prominent rate of growth was recorded in 2009 when the market value increased by X% year-to-year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption remained at a lower figure.

Tomato Juice Exports

Exports from the U.S.

In 2020, overseas shipments of tomato juice decreased by -X% to X tonnes, falling for the second consecutive year after nine years of growth. Over the period under review, exports, however, saw a slight increase. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

In value terms, tomato juice exports dropped to $X in 2020. Overall, exports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2010 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

The Dominican Republic (X tonnes) was the main destination for tomato juice exports from the U.S., with a X% share of total exports. Moreover, tomato juice exports to the Dominican Republic exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), more than tenfold. Hong Kong SAR (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the Dominican Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Hong Kong SAR (-X% per year).

In value terms, the Dominican Republic ($X) remains the key foreign market for tomato juice exports from the U.S., comprising X% of total exports. The second position in the ranking was occupied by Saudi Arabia ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the Dominican Republic totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Hong Kong SAR (-X% per year).

Export Prices by Country

In 2020, the average tomato juice export price amounted to $X per tonne, increasing by X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2019 an increase of X% year-to-year. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2020, the highest prices were recorded for prices to Saudi Arabia ($X per tonne) and the Dominican Republic ($X per tonne), while the average price for exports to Hong Kong SAR ($X per tonne) and Guyana ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Guyana, while the prices for the other major destinations experienced more modest paces of growth.

Tomato Juice Imports

Imports into the U.S.

In 2020, the amount of tomato juice imported into the U.S. soared to X tonnes, jumping by X% on the year before. Overall, imports enjoyed strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tomato juice imports soared to $X in 2020. Over the period under review, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Ukraine (X tonnes) constituted the largest tomato juice supplier to the U.S., with a X% share of total imports. Moreover, tomato juice imports from Ukraine exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), twofold. Canada (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from Ukraine totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+X% per year) and Canada (-X% per year).

In value terms, the largest tomato juice suppliers to the U.S. were Ukraine ($X), Mexico ($X) and Spain ($X), with a combined X% share of total imports. These countries were followed by Canada, Turkey, Italy and Serbia, which together accounted for a further X (+X% per year) recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average tomato juice import price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Serbia ($X per tonne), while the price for Ukraine ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Ukraine, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tomato juice in the world?
+
The countries with the highest volumes of tomato juice consumption in 2020 were India (110K tonnes), Japan (72K tonnes) and Canada (60K tonnes), together comprising 54% of global consumption.
What are the largest producers of tomato juice in the world?
+
The countries with the highest volumes of tomato juice production in 2020 were India (109K tonnes), Japan (68K tonnes) and Canada (61K tonnes), together comprising 52% of global production.
What are the leading suppliers of tomato juice to the U.S.?
+
In value terms, the largest tomato juice suppliers to the U.S. were Ukraine ($714K), Mexico ($607K) and Spain ($599K), with a combined 66% share of total imports. These countries were followed by Canada, Turkey, Italy and Serbia, which together accounted for a further 25%.
What are the leading importers of tomato juice from the U.S.?
+
In value terms, the Dominican Republic ($1.7M) remains the key foreign market for tomato juice exports from the U.S., comprising 81% of total exports. The second position in the ranking was occupied by Saudi Arabia ($154K), with a 7.2% share of total exports. It was followed by Hong Kong SAR, with a 2.7% share.
What is the average export price for tomato juice in the U.S.?
+
The average tomato juice export price stood at $1,020 per tonne in 2020, picking up by 2.9% against the previous year.
What is the average import price for tomato juice in the U.S.?
+
The average tomato juice import price stood at $653 per tonne in 2020, with a decrease of -14.6% against the previous year.
Product coverage:
• FCL 390 - Juice of Tomatoes

This report provides an in-depth analysis of the tomato juice market in the U.S.. 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.


Country coverage:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020
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