United Kingdom - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tomato Price in the UK - 2023
Contents:
- Preserved Tomato Price in the UK (CIF) - 2023
- Preserved Tomato Price in the UK (FOB) - 2023
- Preserved Tomato Imports in the UK
- Preserved Tomato Exports in the UK
Preserved Tomato Price in the UK (CIF) - 2023
In August 2023, the average preserved tomato import price amounted to $1,323 per ton, remaining constant against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.7%. The growth pace was the most rapid in January 2023 when the average import price increased by 7% against the previous month. The import price peaked at $1,335 per ton in April 2023; afterwards, it flattened through to August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($1,388 per ton), while the price for Greece ($811 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Greece (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tomato Price in the UK (FOB) - 2023
The average preserved tomato export price stood at $1,450 per ton in August 2023, waning by -14.9% against the previous month. Over the period under review, the export price showed a slight downturn. The most prominent rate of growth was recorded in December 2022 an increase of 31% month-to-month. As a result, the export price attained the peak level of $2,354 per ton. From January 2023 to August 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($3,739 per ton), while the average price for exports to Portugal ($983 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tomato Imports in the UK
In 2022, the amount of preserved tomatoes imported into the UK soared to 380K tons, rising by 21% on 2021 figures. Overall, imports, however, recorded a relatively flat trend pattern.
In value terms, preserved tomato imports soared to $360M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Preserved Tomato in the UK (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 212 | 251 | 224 | 281 | 9.8% |
Greece | 7.1 | 9.4 | 14.8 | 24.7 | 51.5% |
Portugal | 9.6 | 8.6 | 7.2 | 21.0 | 29.8% |
Spain | 17.2 | 15.5 | 12.7 | 17.3 | 0.2% |
Netherlands | 13.0 | 8.7 | 13.6 | 3.1 | -38.0% |
Germany | 21.0 | 19.0 | 1.2 | 0.5 | -71.2% |
Others | 24.8 | 17.4 | 10.8 | 11.9 | -21.7% |
Total | 305 | 330 | 285 | 360 | 5.7% |
Top Suppliers of Preserved Tomato to the UK in 2022:
- Italy (273.6K tons)
- Greece (42.7K tons)
- Spain (27.4K tons)
- Portugal (24.0K tons)
- Netherlands (3.3K tons)
- Germany (0.4K tons)
Preserved Tomato Exports in the UK
In 2022, exports of preserved tomatoes from the UK expanded modestly to 3.1K tons, rising by 2.6% on 2021. Over the period under review, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 11%. As a result, the exports reached the peak of 6.5K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, preserved tomato exports soared to $5.8M in 2022. Overall, exports, however, saw a abrupt decline.
Export of Preserved Tomato in the UK (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ireland | 3,678 | 4,069 | 2,551 | 2,203 | -15.7% |
Saint Helena, Ascension and Tristan da Cunha | 461 | 474 | 384 | 1,120 | 34.4% |
Falkland Islands (Malvinas) | 277 | 224 | 452 | 668 | 34.1% |
Italy | 947 | 572 | 431 | 452 | -21.8% |
Hong Kong SAR | 242 | 469 | 229 | 168 | -11.5% |
Kuwait | 25.1 | 31.6 | 7.5 | 159 | 85.0% |
United Arab Emirates | 73.5 | 62.1 | 51.5 | 126 | 19.7% |
France | 346 | 117 | 34.4 | 117 | -30.3% |
Netherlands | 278 | 120 | 39.3 | 96.7 | -29.7% |
Norway | 52.6 | 97.0 | 46.8 | 77.0 | 13.5% |
Iceland | 71.8 | 101 | 83.0 | 54.4 | -8.8% |
Spain | 285 | 264 | 63.9 | 40.2 | -47.9% |
Others | 862 | 1,703 | 484 | 508 | -16.2% |
Total | 7,600 | 8,304 | 4,858 | 5,789 | -8.7% |
Top Export Markets for Preserved Tomato from the UK in 2022:
- Ireland (1659.2 tons)
- Italy (303.8 tons)
- Saint Helena, Ascension and Tristan da Cunha (179.8 tons)
- Kuwait (97.9 tons)
- Netherlands (87.6 tons)
- United Arab Emirates (80.3 tons)
- Falkland Islands (Malvinas) (79.7 tons)
- Hong Kong SAR (65.8 tons)
- Norway (61.0 tons)
- Iceland (55.4 tons)
- France (36.0 tons)
- Spain (26.5 tons)
This report provides an in-depth analysis of the preserved tomato market in the UK. 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 2030.
Product coverage:
- Prodcom 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the preserved tomato market in the UK.
This report provides an in-depth analysis of the tomato puree market in the UK.
This report provides an in-depth analysis of the global preserved tomato market.
This report provides an in-depth analysis of the global tomato puree market.
This report provides an in-depth analysis of the preserved tomato market in the UK.
This report provides an in-depth analysis of the tomato puree market in the UK.
This report provides an in-depth analysis of the global preserved tomato market.
This report provides an in-depth analysis of the global tomato puree market.
In July 2022, the preserved tomato price amounted to $870 per ton (CIF, United Kingdom), waning by -6% against the previous month.
In March 2023, the tomato puree price amounted to $1,873 per ton (CIF, United Kingdom), growing by 7.1% against the previous month.
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.
The U.S. continued its dominance in the global trade of tomato ketchup and paste. In 2014, the U.S. exported X thousand tons of tomato ketchup and paste totaling X million USD, X% over the previous year. Its primary trading partner was Canada, w
With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied X% of its total tomato ketchup exports into Canada, accounting for X% of total Canada's imports.
The global tomato ketchup and paste market had total revenues of X billion USD in 2013, representing a compound annual growth rate (CAGR) of X% between 2007 and 2013. The fastest growing exporters from 2007-2013 were the United Kingdom (+X% per
In China, tomato products hold as much as X% of total tomato consumption, whereas they account for one-third of U.S. consumption. There remains substantial room for a surge in tomato paste consumption, as globalization trends are changing Chinese consu
In July 2022, the preserved tomato price amounted to $870 per ton (CIF, United Kingdom), waning by -6% against the previous month.
In March 2023, the tomato puree price amounted to $1,873 per ton (CIF, United Kingdom), growing by 7.1% against the previous month.
Global demand for preserved tomatoes is on the rise, with the market expected to see continued growth over the next seven years. Market performance is projected to increase in both volume and value terms, with key countries like China, Russia, and the United States leading the way.