Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden (CIF) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden (FOB) - 2023
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden (CIF) - 2023
The average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,884 per ton in November 2023, surging by 11% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.6%. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the peak figure in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Italy ($2,051 per ton), while the price for Greece ($1,151 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+4.6%), 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 Sweden (FOB) - 2023
In November 2023, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $3,418 per ton, increasing by 21% against the previous month. Overall, export price indicated noticeable growth from November 2022 to November 2023: its price increased at an average monthly rate of +3.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid decreased by -13.1% against July 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 30% month-to-month. The export price peaked at $3,933 per ton in July 2023; however, from August 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($9,027 per ton), while the average price for exports to Latvia ($2,346 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 (+22.1%), 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 Sweden
In 2022, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Sweden stood at 76K tons, surging by 3% against the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 4.9% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid totaled $89M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.1 | 50.1 | 53.9 | 49.6 | 5.6% |
| Spain | 6.1 | 6.1 | 7.2 | 12.6 | 27.4% |
| Portugal | 5.8 | 7.3 | 8.9 | 10.6 | 22.3% |
| Greece | 3.6 | 4.1 | 5.7 | 6.1 | 19.2% |
| Germany | 2.6 | 2.9 | 2.2 | 3.5 | 10.4% |
| Turkey | 2.6 | 3.2 | 2.3 | 2.3 | -4.0% |
| Others | 3.1 | 2.8 | 6.5 | 4.0 | 8.9% |
| Total | 65.9 | 76.4 | 86.6 | 88.7 | 10.4% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Sweden in 2022:
- Italy (36.1K tons)
- Spain (13.8K tons)
- Portugal (10.8K tons)
- Greece (8.0K tons)
- Germany (2.5K tons)
- Turkey (1.5K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden
In 2022, approx. 613 tons of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid were exported from Sweden; which is down by -14% against the year before. Over the period under review, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 7.1% against the previous year.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid fell markedly to $1.5M in 2022. In general, exports continue to indicate a deep slump. The pace of growth was the most pronounced in 2021 when exports increased by 4.6% against the previous year.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 325 | 376 | 517 | 433 | 10.0% |
| Norway | 278 | 250 | 310 | 425 | 15.2% |
| Belgium | 1,518 | 1,377 | 1,193 | 207 | -48.5% |
| Denmark | 207 | 161 | 211 | 204 | -0.5% |
| Latvia | 100 | 144 | 199 | 115 | 4.8% |
| Italy | 6.2 | 0.4 | 1.4 | 30.2 | 69.5% |
| Germany | 75.8 | 21.2 | 0.1 | N/A | -96.4% |
| Others | 91.3 | 30.2 | 36.8 | 69.5 | -8.7% |
| Total | 2,602 | 2,359 | 2,468 | 1,484 | -17.1% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Sweden in 2022:
- Norway (194.1 tons)
- Finland (134.2 tons)
- Denmark (124.0 tons)
- Latvia (75.0 tons)
- Italy (30.1 tons)
- Belgium (25.4 tons)
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