Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (FOB) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (CIF) - 2022
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (FOB) - 2023
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,674 per ton in November 2023, falling by -5.9% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The pace of growth appeared the most rapid in June 2023 an increase of 6.3% m-o-m. Over the period under review, the average export prices reached the maximum at $1,778 per ton in October 2023, and then fell in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($2,967 per ton), while the average price for exports to Austria ($926 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 the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,095 per ton in 2022, picking up by 24% against the previous year. Over the last decade, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,485 per ton), while the price for Tunisia ($944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain
In 2022, overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -1% to 539K tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a mild setback. The growth pace was the most rapid in 2020 when exports increased by 8.3%. As a result, the exports attained the peak of 605K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid expanded sharply to $588M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 14% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 73.6 | 86.5 | 84.2 | 109 | 14.0% |
| France | 54.5 | 64.7 | 71.8 | 83.4 | 15.2% |
| United Kingdom | 58.8 | 52.3 | 62.7 | 80.8 | 11.2% |
| Netherlands | 38.7 | 57.5 | 58.1 | 58.7 | 14.9% |
| Italy | 48.5 | 55.8 | 35.2 | 49.3 | 0.5% |
| Portugal | 32.3 | 38.5 | 42.9 | 48.9 | 14.8% |
| Poland | 18.0 | 20.2 | 23.2 | 34.2 | 23.9% |
| Japan | 25.4 | 26.7 | 28.7 | 24.1 | -1.7% |
| Belgium | 8.4 | 11.7 | 14.1 | 15.7 | 23.2% |
| Sweden | 6.8 | 7.5 | 8.1 | 10.5 | 15.6% |
| Others | 83.5 | 90.4 | 90.7 | 73.5 | -4.2% |
| Total | 449 | 512 | 520 | 588 | 9.4% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Spain in 2022:
- France (92.4K tons)
- United Kingdom (80.6K tons)
- Germany (78.0K tons)
- Netherlands (58.5K tons)
- Portugal (50.3K tons)
- Italy (47.5K tons)
- Poland (33.5K tons)
- Japan (18.1K tons)
- Belgium (16.8K tons)
- Sweden (11.1K tons)
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain
For the fourth year in a row, Spain recorded growth in supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which increased by 8.2% to 84K tons in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $92M in 2022. In general, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 49%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 25.1 | 28.6 | 29.9 | 39.4 | 16.2% |
| Italy | 11.6 | 10.9 | 14.9 | 21.5 | 22.8% |
| China | 0.1 | 1.6 | 13.3 | 18.1 | 465.7% |
| Tunisia | N/A | N/A | 1.4 | 3.7 | 164.3% |
| Egypt | N/A | 0.7 | 3.8 | 2.6 | 92.7% |
| France | 0.6 | 0.5 | 2.4 | 1.7 | 41.5% |
| Others | 1.4 | 3.7 | 2.9 | 4.6 | 48.7% |
| Total | 38.8 | 46.0 | 68.5 | 91.6 | 33.2% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Spain in 2022:
- Portugal (41.7K tons)
- Italy (17.2K tons)
- China (14.7K tons)
- Tunisia (3.9K tons)
- Egypt (1.8K tons)
- France (1.2K tons)
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This report provides an in-depth analysis of the global tomato puree market.
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This report provides an in-depth analysis of the preserved tomato market in Spain.
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This report provides an in-depth analysis of the tomato puree market in Spain.
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This report provides an in-depth analysis of the global preserved tomato market.
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This report provides an in-depth analysis of the global tomato puree market.
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The price of Preserved Tomatoes reached $1,029 per ton (FOB, Spain) in April 2023, representing a 5.6% increase compared to the previous month.
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In August 2022, the tomato puree price amounted to $1,342 per ton (FOB, Spain), picking up by 20% against the previous month.
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The price of Preserved Tomatoes reached $1,029 per ton (FOB, Spain) in April 2023, representing a 5.6% increase compared to the previous month.
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In August 2022, the tomato puree price amounted to $1,342 per ton (FOB, Spain), picking up by 20% against the previous month.
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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.
