Global Tomato Puree Market 2023

Tomato Puree Market Size

In 2022, the global tomato puree market decreased by -1.1% to $X, falling for the third consecutive year after four years of growth. The market value increased at an average annual rate of +1.6% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market remained at a somewhat lower figure.

Tomato Puree Production

In value terms, tomato puree production rose slightly to $X in 2022 estimated in export price. In general, production recorded perceptible growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 36% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth failed to regain momentum.

Tomato Puree Exports

Exports

In 2022, the amount of tomato puree and paste exported worldwide rose notably to X tons, surging by 8% compared with 2021. The total export volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, tomato puree exports soared to $X in 2022. The total export value increased at an average annual rate of +4.0% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X tons) and Italy (X tons) represented the largest exporters of tomato puree and pastein the world, together reaching approx. 47% of total exports. Spain (X tons) ranks next in terms of the total exports with an 11% share, followed by Turkey (8.6%), the United States (8.6%) and Portugal (7.7%). Chile (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +13.9%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest tomato puree supplying countries worldwide were Italy ($X), China ($X) and Spain ($X), together accounting for 58% of global exports. Turkey, Portugal, the United States and Chile lagged somewhat behind, together comprising a further 30%.

Among the main exporting countries, Turkey, with a CAGR of +14.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average tomato puree export price stood at $X per ton in 2022, jumping by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, the export price attained 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 Turkey ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+3.5%), while the other global leaders experienced more modest paces of growth.

Tomato Puree Imports

Imports

Global tomato puree imports expanded rapidly to X tons in 2022, growing by 5% on the previous year's figure. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 when imports increased by 8.8% against the previous year. Over the period under review, global imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, tomato puree imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), the UK (X tons), Italy (X tons), the Netherlands (X tons), Japan (X tons), France (X tons), Iraq (X tons), Libya (X tons), Poland (X tons), Russia (X tons), Mexico (X tons) and Saudi Arabia (X tons) was the key importer of tomato puree and paste in the world, mixing up 51% of total import. Canada (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Libya (with a CAGR of +14.5%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and Italy ($X) were the countries with the highest levels of imports in 2022, with a combined 22% share of global imports. Japan, the Netherlands, France, Libya, Iraq, Poland, Mexico, Russia, Saudi Arabia and Canada lagged somewhat behind, together comprising a further 33%.

Libya, with a CAGR of +12.9%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average tomato puree import price amounted to $X per ton, surging by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.2%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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