Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela - 2022
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (CIF) - 2022
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (FOB) - 2022
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (CIF) - 2022
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,004 per ton in 2022, reducing by -5.5% against the previous year. Overall, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2021 an increase of 13%. Over the period under review, average import prices attained the peak figure at $1,153 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Syrian Arab Republic ($2,076 per ton), while the price for the United States ($579 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.5%), while the prices for the other major suppliers experienced a decline.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (FOB) - 2022
In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $2,328 per ton, approximately reflecting the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by +67.1% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 46% against the previous year. The export price peaked at $2,350 per ton in 2021, and then fell in the following year.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +4.0% per year.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela
In 2022, after three years of growth, there was decline in supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume decreased by -3.5% to 11K tons. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +20.2% 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 +73.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 67%.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid contracted to $11M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 86% against the previous year.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 2.0 | 5.5 | 6.5 | 8.1 | 59.4% |
| Italy | 1.4 | 1.6 | 2.5 | 1.5 | 2.3% |
| Syrian Arab Republic | 0.7 | 0.9 | 1.1 | 0.6 | -5.0% |
| Argentina | 0.4 | 0.4 | 0.4 | 0.2 | -20.6% |
| Peru | 0.5 | 0.6 | 0.9 | 0.1 | -41.5% |
| China | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Others | 0.1 | 0.3 | 0.2 | 0.2 | 26.0% |
| Total | 5.2 | 9.7 | 11.7 | 10.7 | 27.2% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Venezuela in 2022:
- Chile (8.0K tons)
- Italy (1.7K tons)
- Syrian Arab Republic (0.3K tons)
- Argentina (0.3K tons)
- Peru (0.1K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela
In 2022, shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by 2.1% to 696 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt setback.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1.6K in 2022. In general, exports, however, saw a slight downturn.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Colombia | 1.0 | 1.6 | 1.6 | 1.6 | 17.0% |
| Dominican Republic | 0.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.7 | 1.6 | 1.6 | 1.6 | -2.0% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Venezuela in 2022:
- Colombia (696.0 kg)
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This report provides an in-depth analysis of the preserved tomato market in Venezuela.
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This report provides an in-depth analysis of the tomato puree market in Venezuela.
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2120
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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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
