Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (CIF) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (FOB) - 2023
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (CIF) - 2023
In November 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,504 per ton, surging by 9.4% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in February 2023 when the average import price increased by 14% month-to-month. The import price peaked at $1,762 per ton in March 2023; however, from April 2023 to November 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($3,993 per ton), while the price for Bhutan ($627 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (FOB) - 2023
In November 2023, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,203 per ton, flattening at the previous month. In general, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in February 2023 an increase of 4.4% against the previous month. The export price peaked at $1,514 per ton in November 2022; however, from December 2022 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Vietnam ($1,783 per ton), while the average price for exports to Nepal ($968 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India
In 2022, after two years of decline, there was growth in overseas purchases of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume increased by 4% to 12K tons. Overall, imports, however, continue to indicate a deep reduction.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid skyrocketed to $13M in 2022. Over the period under review, imports, however, continue to indicate a deep slump.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.0 | 3.0 | 3.6 | 5.3 | 20.9% |
| China | 12.7 | 5.9 | 5.4 | 4.6 | -28.7% |
| Italy | 1.4 | 0.8 | 1.3 | 3.2 | 31.7% |
| Spain | 1.1 | N/A | 0.1 | 0.1 | -55.0% |
| Others | 0.3 | 0.9 | 0.1 | 0.3 | 0.0% |
| Total | 18.5 | 10.5 | 10.5 | 13.5 | -10.0% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to India in 2022:
- United States (5.1K tons)
- China (3.4K tons)
- Italy (3.0K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India
In 2022, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from India skyrocketed to 1.6K tons, jumping by 96% compared with 2021. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $2.2M in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | 265 | 267 | 369 | 594 | 30.9% |
| Sri Lanka | 0.2 | 6.9 | 177 | 325 | 1075.7% |
| Philippines | N/A | N/A | 0.7 | 226 | 32185.7% |
| United States | 83.5 | 45.1 | 61.5 | 169 | 26.5% |
| Italy | N/A | N/A | 7.9 | 164 | 1975.9% |
| Bangladesh | 0.1 | 31.6 | 59.6 | 124 | 974.3% |
| Morocco | N/A | N/A | N/A | 85.0 | 0% |
| United Kingdom | N/A | N/A | N/A | 80.7 | 0% |
| Brazil | N/A | N/A | N/A | 60.9 | 0% |
| Bhutan | 119 | 58.8 | 37.0 | 59.1 | -20.8% |
| United Arab Emirates | 2.3 | 20.4 | 56.7 | 29.3 | 133.6% |
| Estonia | 19.8 | 3.7 | 10.3 | 23.1 | 5.3% |
| Others | 191 | 207 | 183 | 292 | 15.2% |
| Total | 680 | 641 | 962 | 2,232 | 48.6% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from India in 2022:
- Nepal (586.6 tons)
- Sri Lanka (278.2 tons)
- Italy (120.8 tons)
- Philippines (89.5 tons)
- United States (84.3 tons)
- Morocco (67.5 tons)
- Bhutan (54.4 tons)
- Brazil (51.5 tons)
- Bangladesh (48.6 tons)
- United Kingdom (42.6 tons)
- United Arab Emirates (34.1 tons)
- Estonia (29.8 tons)
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This report provides an in-depth analysis of the preserved tomato market in India.
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This report provides an in-depth analysis of the global preserved tomato market.
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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
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