Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia - 2022

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia (CIF) - 2022
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia (FOB) - 2022
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia (CIF) - 2022

In March 2022, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,024 per ton, which is down by -1.5% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2021 an increase of 22% against the previous month. The import price peaked at $1,110 per ton in November 2021; however, from December 2021 to March 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was China ($1,015 per ton), while the price for the United States ($931 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was attained by China (+0.7%), 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 Indonesia (FOB) - 2022

In 2022, the average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,916 per ton, which is down by -15.4% against the previous year. Overall, the export price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2021 an increase of 57%. As a result, the export price attained the peak level of $2,265 per ton, and then reduced notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($35,950 per ton), while the average price for exports to Cote d'Ivoire ($733 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+51.3%), 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 Indonesia

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into Indonesia expanded significantly to 14K tons in 2022, surging by 8.3% against the previous year's figure. The total import volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 22%. As a result, imports attained the peak of 16K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid surged to $16M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 25% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.312.610.711.310.8%
Italy1.10.70.51.715.6%
United States0.70.50.50.4-17.0%
NetherlandsN/AN/A0.10.2100.0%
Others1.71.00.82.17.3%
Total11.714.712.815.710.3%

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Indonesia in 2022:

  1. China (10.9K tons)
  2. Italy (1.4K tons)
  3. United States (0.3K tons)
  4. Netherlands (0.2K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia

In 2022, after three years of growth, there was significant decline in shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume decreased by -12.8% to 22 tons. In general, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,250%.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid plummeted to $42K in 2022. Overall, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 1,044%.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Myanmar0.55.812.713.1197.0%
Cote d'Ivoire0.66.011.29.8153.7%
Ghana0.33.77.57.2188.4%
Angola0.12.95.34.5255.7%
Burkina FasoN/A0.30.40.30.0%
VietnamN/A3.4N/AN/A0%
CongoN/AN/A5.3N/A0%
Others0.84.914.57.1107.0%
Total2.427.056.942.0159.6%

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Indonesia in 2022:

  1. Cote d'Ivoire (13.4 tons)
  2. Ghana (4.6 tons)
  3. Myanmar (2.4 tons)
  4. Angola (0.7 tons)
  5. Burkina Faso (0.4 tons)

Source: IndexBox Market Intelligence Platform

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