Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (FOB) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (CIF) - 2022
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (FOB) - 2023
In November 2023, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,253 per ton, with an increase of 5.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in June 2023 an increase of 9.4% against the previous month. The export price peaked in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($2,564 per ton), while the average price for exports to Poland ($953 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 Germany (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (CIF) - 2022
In 2022, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,323 per ton, picking up by 12% against the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid increased by +72.4% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($2,289 per ton), while the price for Portugal ($1,163 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece
For the fourth consecutive year, Greece recorded growth in shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which increased by 5.1% to 103K tons in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 25%. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid shrank to $81M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 27%.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 12.5 | 16.1 | 20.3 | 26.9 | 29.1% |
| Belgium | 4.8 | 6.2 | 7.9 | 8.9 | 22.9% |
| Sweden | 3.5 | 4.5 | 6.1 | 6.1 | 20.3% |
| Netherlands | 4.9 | 4.3 | 6.4 | 5.7 | 5.2% |
| Poland | 2.3 | 3.4 | 5.8 | 5.1 | 30.4% |
| Germany | 3.1 | 3.2 | 4.6 | 5.1 | 18.1% |
| Cyprus | 4.1 | 2.8 | 3.3 | 4.1 | 0.0% |
| Austria | 3.3 | 6.5 | 5.6 | 3.9 | 5.7% |
| Norway | 3.5 | 3.5 | 4.3 | 3.9 | 3.7% |
| Bulgaria | 2.1 | 2.8 | 3.1 | 2.1 | 0.0% |
| Others | 7.8 | 12.0 | 14.8 | 9.7 | 7.5% |
| Total | 51.8 | 65.5 | 82.2 | 81.4 | 16.3% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Greece in 2022:
- United Kingdom (42.2K tons)
- Belgium (13.2K tons)
- Sweden (7.7K tons)
- Poland (7.3K tons)
- Germany (6.0K tons)
- Norway (4.5K tons)
- Netherlands (4.2K tons)
- Cyprus (3.9K tons)
- Austria (3.4K tons)
- Bulgaria (2.4K tons)
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece
In 2022, after two years of decline, there was significant growth in supplies from abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume increased by 55% to 15K tons. Overall, imports, however, showed a abrupt downturn.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid skyrocketed to $19M in 2022. In general, total imports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three-year period. The trend pattern, however, 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.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.6 | 5.7 | 6.7 | 10.5 | 6.9% |
| Egypt | 0.4 | 0.5 | 0.5 | 2.6 | 86.6% |
| Turkey | 0.6 | 0.9 | 0.9 | 1.4 | 32.6% |
| Slovenia | N/A | N/A | 0.3 | 1.1 | 266.7% |
| Germany | 4.8 | 3.3 | 1.2 | 0.8 | -45.0% |
| China | 0.2 | N/A | N/A | 0.8 | 58.7% |
| Portugal | N/A | 0.6 | N/A | 0.7 | 8.0% |
| Spain | 2.2 | 1.1 | 0.6 | 0.7 | -31.7% |
| Others | 0.8 | 1.3 | 1.0 | 0.6 | -9.1% |
| Total | 17.6 | 13.4 | 11.1 | 19.2 | 2.9% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Greece in 2022:
- Italy (8.7K tons)
- Egypt (1.9K tons)
- Turkey (0.7K tons)
- Slovenia (0.7K tons)
- Portugal (0.6K tons)
- China (0.6K tons)
- Germany (0.5K tons)
- Spain (0.3K tons)
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This report provides an in-depth analysis of the preserved tomato market in Greece.
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This report provides an in-depth analysis of the global preserved tomato market.
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