Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand - 2024
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand (CIF) - 2024
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand (CIF) - 2024
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,515 per ton in January 2024, picking up by 5.9% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 17% month-to-month. As a result, import price reached the peak level of $1,627 per ton. From July 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Portugal ($2,234 per ton), while the price for Australia ($1,151 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Australia (+3.1%), 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 Thailand (FOB) - 2022
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,373 per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the export price, however, continues to indicate a slight slump. The pace of growth appeared the most rapid in 2019 an increase of 14%. The export price peaked at $1,525 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($5,662 per ton), while the average price for exports to the United Arab Emirates ($846 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bangladesh (+9.1%), 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 Thailand
In 2022, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Thailand skyrocketed to 29K tons, with an increase of 20% on the year before. The total import volume increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid soared to $30M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 8.5 | 11.0 | 14.0 | 23.1 | 39.6% |
| Italy | 1.5 | 1.5 | 1.3 | 2.2 | 13.6% |
| United States | 1.3 | 2.6 | 1.8 | 1.6 | 7.2% |
| Portugal | 1.1 | 1.4 | 2.0 | 1.4 | 8.4% |
| Chile | 5.8 | 4.8 | 1.8 | 0.7 | -50.6% |
| Australia | 0.5 | 0.7 | 0.5 | 0.4 | -7.2% |
| Others | 0.3 | 0.3 | 0.4 | 0.5 | 18.6% |
| Total | 19.1 | 22.4 | 21.7 | 29.9 | 16.1% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Thailand in 2022:
- China (23.0K tons)
- Italy (2.1K tons)
- United States (1.5K tons)
- Portugal (1.3K tons)
- Chile (0.6K tons)
- Australia (0.3K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand
In 2022, overseas shipments of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -11.3% to 910 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 13%. As a result, the exports reached the peak of 1.2K 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 reduced slightly to $1.2M in 2022. Overall, exports saw a mild descent. The most prominent rate of growth was recorded in 2020 with an increase of 4% against the previous year. As a result, the exports attained the peak of $1.3M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 486 | 917 | 546 | 660 | 10.7% |
| Japan | 237 | 161 | 362 | 216 | -3.0% |
| Australia | 234 | 100 | 155 | 178 | -8.7% |
| Cambodia | 76.7 | 60.8 | 50.6 | 46.9 | -15.1% |
| Others | 261 | 108 | 139 | 148 | -17.2% |
| Total | 1,294 | 1,347 | 1,253 | 1,249 | -1.2% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Thailand in 2022:
- Vietnam (599.5 tons)
- Japan (181.8 tons)
- Australia (50.3 tons)
- Cambodia (29.0 tons)
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2146
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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