Austria: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Austria

The Austrian tomato ketchup market expanded significantly to $X in 2022, increasing by 9.9% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tomato Ketchup Production in Austria

In value terms, tomato ketchup production dropped slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 10% against the previous year. Tomato ketchup production peaked at $X in 2021, and then contracted slightly in the following year.

Tomato Ketchup Exports

Exports from Austria

In 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -10.4% to X tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 48% against the previous year. The exports peaked at X tons in 2021, and then declined in the following year.

In value terms, tomato ketchup exports shrank modestly to $X in 2022. Over the period under review, exports, however, recorded a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Hungary (X tons) were the main destinations of tomato ketchup exports from Austria, with a combined 77% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +35.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for tomato ketchup exported from Austria were the Czech Republic ($X), Germany ($X) and Hungary ($X), with a combined 74% share of total exports.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +33.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average tomato ketchup export price stood at $X per ton in 2022, increasing by 11% against the previous year. In general, the export price, however, showed a mild decline. The pace of growth appeared the most rapid in 2018 an increase of 20%. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Italy ($X per ton) and Slovenia ($X per ton), while the average price for exports to Hungary ($X per ton) and Croatia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Tomato Ketchup Imports

Imports into Austria

In 2022, approx. X tons of tomato ketchup and tomato sauces were imported into Austria; with an increase of 5.5% on 2021. Overall, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.6% against 2012 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 18% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, tomato ketchup imports rose rapidly to $X in 2022. Over the period under review, total imports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.4% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Italy (X tons) constituted the largest tomato ketchup supplier to Austria, accounting for a 54% share of total imports. Moreover, tomato ketchup imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by the Czech Republic (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +14.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+4.2% per year) and the Czech Republic (-1.7% per year).

In value terms, Italy ($X), Germany ($X) and the Czech Republic ($X) constituted the largest tomato ketchup suppliers to Austria, with a combined 90% share of total imports.

Among the main suppliers, Italy, with a CAGR of +11.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, growing by 1.8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 8.7% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :