Italy - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTomato Ketchup Price in Italy - 2023
Contents:
- Tomato Ketchup Price in Italy (FOB) - 2023
- Tomato Ketchup Price in Italy (CIF) - 2023
- Tomato Ketchup Exports in Italy
- Tomato Ketchup Imports in Italy
Tomato Ketchup Price in Italy (FOB) - 2023
In August 2023, the average tomato ketchup export price amounted to $2,767 per ton, rising by 6.3% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 7.8% month-to-month. The export price peaked in August 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($4,293 per ton), while the average price for exports to the Netherlands ($2,097 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.
Tomato Ketchup Price in Italy (CIF) - 2023
The average tomato ketchup import price stood at $2,201 per ton in August 2023, surging by 1.5% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +2.4%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 22% month-to-month. Over the period under review, average import prices hit record highs at $2,275 per ton in June 2023; however, from July 2023 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($3,009 per ton), while the price for Spain ($1,613 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Poland (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Tomato Ketchup Exports in Italy
In 2022, the amount of tomato ketchup and tomato sauces exported from Italy expanded slightly to 187K tons, with an increase of 4.1% against the previous year. The total export volume increased at an average annual rate of +6.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 19%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.
In value terms, tomato ketchup exports stood at $363M in 2022. The total export value increased at an average annual rate of +11.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 27% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Tomato Ketchup in Italy (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 74.0 | 99.9 | 96.9 | 102 | 11.3% |
France | 51.8 | 60.0 | 60.6 | 66.1 | 8.5% |
Switzerland | 16.0 | 24.3 | 24.3 | 23.3 | 13.3% |
United States | 14.8 | 20.9 | 22.3 | 19.6 | 9.8% |
United Kingdom | 7.2 | 10.1 | 13.1 | 17.1 | 33.4% |
Poland | 10.1 | 11.4 | 13.0 | 15.2 | 14.6% |
Australia | 8.6 | 11.2 | 11.1 | 12.5 | 13.3% |
Austria | 7.7 | 10.1 | 10.7 | 11.1 | 13.0% |
Netherlands | 6.8 | 7.9 | 6.9 | 6.2 | -3.0% |
Spain | 3.6 | 3.5 | 5.3 | 6.1 | 19.2% |
Greece | 3.0 | 3.7 | 4.2 | 5.4 | 21.6% |
Israel | 4.4 | 3.7 | 4.3 | 5.1 | 5.0% |
Sweden | 7.8 | 7.3 | 6.2 | 4.9 | -14.4% |
Others | 46.2 | 59.3 | 68.2 | 68.3 | 13.9% |
Total | 262 | 333 | 347 | 363 | 11.5% |
Top Export Markets for Tomato Ketchup from Italy in 2022:
- Germany (49.0K tons)
- France (37.7K tons)
- Poland (12.0K tons)
- United States (9.3K tons)
- United Kingdom (8.8K tons)
- Switzerland (8.6K tons)
- Australia (5.6K tons)
- Austria (4.7K tons)
- Netherlands (4.3K tons)
- Israel (3.4K tons)
- Spain (3.2K tons)
- Greece (2.9K tons)
- Sweden (2.6K tons)
Tomato Ketchup Imports in Italy
In 2022, the amount of tomato ketchup and tomato sauces imported into Italy rose significantly to 22K tons, growing by 8.6% against 2021 figures. The total import volume increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, tomato ketchup imports skyrocketed to $35M in 2022. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +10.5% 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 +64.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Tomato Ketchup in Italy (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.9 | 4.7 | 6.4 | 10.5 | 21.2% |
Germany | 6.2 | 5.2 | 6.6 | 6.5 | 1.6% |
Poland | 4.8 | 4.6 | 4.6 | 5.6 | 5.3% |
Austria | 2.3 | 1.3 | 1.6 | 3.5 | 15.0% |
Belgium | 2.4 | 2.4 | 2.6 | 3.2 | 10.1% |
Spain | 1.5 | 1.3 | 1.5 | 3.2 | 28.7% |
France | 1.1 | 0.8 | 1.3 | 1.3 | 5.7% |
Others | 1.8 | 0.8 | 1.0 | 1.1 | -15.1% |
Total | 25.8 | 21.1 | 25.6 | 34.9 | 10.6% |
Top Suppliers of Tomato Ketchup to Italy in 2022:
- Netherlands (6.7K tons)
- Germany (4.6K tons)
- Poland (3.3K tons)
- Spain (2.3K tons)
- Belgium (1.6K tons)
- Austria (1.5K tons)
- France (1.0K tons)
This report provides an in-depth analysis of the tomato ketchup market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10841230 - Tomato ketchup and other tomato sauces
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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From June 2023 to October 2023, the export growth of Sauce and Seasoning remained low, with exports shrinking to $106M in October 2023.
The price of the Sauce and Seasoning in May 2023, FOB Italy, remained relatively stable at $3,614 per ton compared to the previous month.
Discover the top import markets for tomato ketchup and learn about the leading importers, including the United Kingdom, Germany, France, Canada, and the United States. Explore key statistics and insights in this article.