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)
This report provides an in-depth analysis of the preserved tomato market in India.
This report provides an in-depth analysis of the tomato puree market in India.
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 India.
This report provides an in-depth analysis of the tomato puree market in India.
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.
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.
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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
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