U.S. - Preserved Tomatoes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Tomato Price in the United States - 2023
Contents:
- Preserved Tomato Price in the United States (FOB) - 2023
- Preserved Tomato Price in the United States (CIF) - 2023
- Preserved Tomato Exports in the United States
- Preserved Tomato Imports in the United States
Preserved Tomato Price in the United States (FOB) - 2023
In August 2023, the average preserved tomato export price amounted to $849 per ton, therefore, remained relatively stable against the previous month. In general, the export price recorded a slight downturn. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 10% against the previous month. The export price peaked at $1,008 per ton in September 2022; however, from October 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In August 2023, the countries with the highest prices were Canada ($966 per ton) and Costa Rica ($835 per ton), while the average price for exports to South Korea ($667 per ton) and Japan ($689 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Tomato Price in the United States (CIF) - 2023
In August 2023, the average preserved tomato import price amounted to $1,728 per ton, surging by 12% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +3.2%. The pace of growth appeared the most rapid in September 2022 an increase of 13% against the previous month. The import price peaked in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Turkey ($5,565 per ton), while the price for Mexico ($1,243 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 Greece (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Tomato Exports in the United States
In 2022, overseas shipments of preserved tomatoes decreased by -8.7% to 74K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 7.3%. As a result, the exports attained the peak of 81K tons, and then fell in the following year.
In value terms, preserved tomato exports reduced modestly to $65M in 2022. The total export value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports reached the peak of $67M, and then contracted in the following year.
| Export of Preserved Tomato in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 40.7 | 40.9 | 46.7 | 48.0 | 5.7% |
| Mexico | 3.4 | 5.0 | 4.6 | 5.9 | 20.2% |
| South Korea | 3.9 | 3.7 | 4.2 | 2.4 | -14.9% |
| Japan | 1.3 | 1.0 | 2.9 | 2.3 | 20.9% |
| Honduras | 0.2 | 0.1 | 0.6 | 1.8 | 108.0% |
| Costa Rica | 1.9 | 2.0 | 3.1 | 1.0 | -19.3% |
| Others | 6.8 | 7.4 | 4.6 | 3.9 | -16.9% |
| Total | 58.2 | 60.1 | 66.6 | 65.2 | 3.9% |
Top Export Markets for Preserved Tomato from the United States in 2022:
- Canada (52.5K tons)
- Mexico (7.6K tons)
- Japan (3.5K tons)
- South Korea (2.7K tons)
- Costa Rica (1.5K tons)
- Honduras (1.4K tons)
Preserved Tomato Imports in the United States
For the fourth year in a row, the United States recorded growth in purchases abroad of preserved tomatoes, which increased by 21% to 25K tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% 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 +63.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved tomato imports surged to $32M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +54.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 26%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Preserved Tomato in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 12.8 | 15.7 | 15.8 | 18.7 | 13.5% |
| Turkey | 4.4 | 2.4 | 4.0 | 6.0 | 10.9% |
| Mexico | 1.7 | 1.0 | 1.1 | 4.5 | 38.3% |
| Canada | 0.3 | 0.6 | 3.9 | 1.5 | 71.0% |
| China | N/A | 0.1 | 0.2 | 0.4 | 100.0% |
| Others | 1.4 | 0.9 | 1.1 | 0.7 | -20.6% |
| Total | 20.6 | 20.8 | 26.1 | 31.8 | 15.6% |
Top Suppliers of Preserved Tomato to the United States in 2022:
- Italy (16.1K tons)
- Mexico (4.5K tons)
- Turkey (1.6K tons)
- Canada (1.5K tons)
- China (0.4K tons)
This report provides an in-depth analysis of the preserved tomato market in the U.S.. 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 10391710 - Preserved tomatoes, whole or in pieces (excluding prepared vegetable dishes and tomatoes preserved by vinegar or acetic acid)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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2093
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
1193
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.
2146
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
3291
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
