Global Tomato Puree Market 2022

Tomato Puree Market Size

In 2021, the global tomato puree market decreased by -X% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the global market reached the peak level at $X in 2020, and then dropped in the following year.

Tomato Puree Production

In value terms, tomato puree production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then reduced in the following year.

Production By Country

The countries with the highest volumes of in 2021 were China (X tons), the United States (X tons) and Italy (X tons), together comprising X% of global production. Spain, Turkey, Indonesia, Russia, Portugal, Bangladesh, Japan, Pakistan, Iran and Chile lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Spain (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Tomato Puree Exports

Exports

In 2021, after three years of growth, there was significant decline in shipments abroad of tomato puree and paste, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2020, and then contracted in the following year.

In value terms, tomato puree exports reached $X in 2021. The total export value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

China (X tons) and Italy (X tons) represented the major exporters of tomato puree and paste in 2021, recording near X% and X% of total exports, respectively. It was distantly followed by Spain (X tons), the United States (X tons), Portugal (X tons), Turkey (X tons) and Chile (X tons), together generating a X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Turkey (with a CAGR of +X%), while the other global leaders experienced more modest paces of growth.

In value terms, Italy ($X), China ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2021, with a combined X% share of global exports.

Spain, with a CAGR of +X%, recorded 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 global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average tomato puree export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The global export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Italy ($X per ton), while China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the other global leaders experienced mixed trends in the export price figures.

Tomato Puree Imports

Imports

In 2021, overseas purchases of tomato puree and paste decreased by -X% to X tons for the first time since 2017, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +X% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. Global imports peaked at X tons in 2020, and then contracted in the following year.

In value terms, tomato puree imports expanded modestly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at $X in 2014; afterwards, it flattened through to 2021.

Imports by Country

The countries with the highest levels of tomato puree imports in 2021 were Germany (X tons), Italy (X tons), the UK (X tons), Japan (X tons), Iraq (X tons), the Netherlands (X tons), France (X tons), Poland (X tons), Russia (X tons), Saudi Arabia (X tons), Mexico (X tons) and Libya (X tons), together resulting at X% of total import. Ghana (X tons) took a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iraq (with a CAGR of +X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest tomato puree importing markets worldwide were Germany ($X), the UK ($X) and Italy ($X), together comprising X% of global imports. These countries were followed by Japan, Iraq, France, the Netherlands, Poland, Saudi Arabia, Russia, Libya, Mexico and Ghana, which together accounted for a further X terms of the main importing countries, Iraq, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average tomato puree import price amounted to $X per ton, increasing by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($X per ton), while Ghana ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Libya (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform