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China - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

China - Tomato Puree And Paste - Market Analysis, Forecast, Size, Trends And Insights

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Apr 30, 2023

Tomato Puree Price Reaches Record High of $1,116/Ton in China, Up 2%

China Tomato Puree Export Price in February 2023

In February 2023, the tomato puree price amounted to $1,116 per ton (FOB, China), increasing by 2% against the previous month. Over the period from February 2022 to February 2023, it increased at an average monthly rate of +1.9%. The growth pace was the most rapid in September 2022 when the average export price increased by 6.3% against the previous month. Over the period under review, the average export prices reached the peak figure in February 2023.

Average prices varied noticeably for the major export markets. In February 2023, the highest price was recorded for prices to Senegal ($1,208 per ton) and Italy ($1,196 per ton), while the average price for exports to Ghana ($1,006 per ton) and Portugal ($1,006 per ton) were amongst the lowest.

From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

COUNTRYExport Price of Tomato Puree in China (USD per ton)
Feb 2022Mar 2022Apr 2022May 2022Jun 2022Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023
Senegal7718726956786989497639981,0429928691,0621,208
Italy8698649058999078999689141,0491,0421,0471,1741,196
South Africa9081,1199031,0179409101,4461,0191,0411,1231,2851,1261,153
Russia8438498859048909528909061,0671,0491,0291,0361,115
IraqN/AN/A970N/A9048609041,1909489441,1201,1071,110
Saudi Arabia8548949048758728577271,0451,0211,0501,0511,0891,109
Thailand8358238398258698749039141,0121,0581,1281,1461,106
United Arab Emirates9188979529761,0051,0399611,0831,0741,0011,0511,0781,103
Philippines8658308418708768718889511,0631,0731,0721,0701,052
Malaysia8638908639229969188459489921,0361,0231,0921,051
Kazakhstan1,0839059309469319801,3331,0301,0761,0551,0511,1621,009
Ghana8638528518518268188148999479731,0861,0121,006
PortugalN/AN/A775N/AN/AN/AN/A1,0191,0801,0919491,0621,006
Average8918928969149089159421,0011,0421,0511,0881,0941,116

China Tomato Puree Exports

In February 2023, exports of tomato puree and paste from China totaled 112K tons, growing by 4.1% on January 2023 figures. Over the period under review, total exports indicated a resilient increase from February 2022 to February 2023: its volume increased at an average monthly rate of +6.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on February 2023 figures, exports increased by +110.7% against August 2022 indices. The growth pace was the most rapid in March 2022 when exports increased by 84% month-to-month. Over the period under review, the exports hit record highs in February 2023.

In value terms, tomato puree exports amounted to $125M (IndexBox estimates) in February 2023. In general, exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in March 2022 with an increase of 84% month-to-month. The exports peaked in February 2023.

China Tomato Puree Exports by Country

Iraq (16K tons), Italy (14K tons) and the Philippines (7.6K tons) were the main destinations of tomato puree exports from China, together comprising 33% of total exports.

From February 2022 to February 2023, the biggest increases were in Iraq (with a CAGR of +55.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Iraq ($18M), Italy ($17M) and the Philippines ($8M) were the largest markets for tomato puree exported from China worldwide, together accounting for 34% of total exports.

In terms of the main countries of destination, Iraq, with a CAGR of +57.4%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato puree market in China. 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:

  • FCL 391 - Paste of Tomatoes

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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