Global Preserved Tomato Market 2024

Preserved Tomato Market Size

In 2023, after two years of growth, there was decline in the global preserved tomato market, when its value decreased by X% to $X. Over the period under review, the total consumption indicated measured growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2012 indices. Over the period under review, the global market attained the maximum level at $X in 2022, and then dropped modestly in the following year.

Preserved Tomato Production

In value terms, preserved tomato production contracted modestly to $X in 2023 estimated in export price. Overall, the total production indicated a pronounced increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Global production peaked at $X in 2022, and then shrank slightly in the following year.

Preserved Tomato Exports

Exports

In 2023, global exports of preserved tomatoes fell to X tons, with a decrease of X% against the previous year. The total export volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, preserved tomato exports skyrocketed to $X in 2023. Overall, total exports indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy prevails in exports structure, accounting for X tons, which was near X% of total exports in 2023. Spain (X tons) took the second position in the ranking, followed by the United States (X tons). All these countries together took approx. X% share of total exports. Greece (X tons), the Netherlands (X tons) and Portugal (X tons) followed a long way behind the leaders.

Exports from Italy increased at an average annual rate of X% from 2012 to 2023. At the same time, the Netherlands (X%), Greece (X%), Portugal (X%) and the United States (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Spain (X%) illustrated a downward trend over the same period. While the share of the Netherlands (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Spain (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) remains the largest preserved tomato supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Spain ($X), with a X% share of global exports. It was followed by the United States, with a X% share.

In Italy, preserved tomato exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Spain (X% per year) and the United States (X% per year).

Export Prices by Country

In 2023, the average preserved tomato export price amounted to $X per ton, rising by X% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, preserved tomato export price increased by X% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Portugal (X%), while the other global leaders experienced more modest paces of growth.

Preserved Tomato Imports

Imports

In 2023, approx. X tons of preserved tomatoes were imported worldwide; which is down by X% on the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2022 with an increase of X%. As a result, imports attained the peak of X tons, and then reduced in the following year.

In value terms, preserved tomato imports surged to $X in 2023. Over the period under review, total imports indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2023, the UK (X tons) and Germany (X tons) were the main importers of preserved tomatoesaround the world, together comprising X% of total imports. France (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Japan (X%) and the Netherlands (X%). Canada (X tons), Belgium (X tons), Australia (X tons), Sweden (X tons), Austria (X tons), Poland (X tons), the United States (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Austria (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the UK ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, with a combined X% share of global imports. Japan, the Netherlands, Canada, Australia, Belgium, Sweden, Austria, Poland, the United States and Denmark lagged somewhat behind, together accounting for a further X%.

Austria, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average preserved tomato import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, preserved tomato import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2023, major importing countries recorded the following prices: in the United States ($X per ton) and Denmark ($X per ton), while Canada ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform