Czech Republic: Tomato Juice Market 2024

Tomato Juice Market Size in the Czech Republic

The Czech tomato juice market contracted remarkably to $X in 2022, declining by -33.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a abrupt shrinkage. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Tomato Juice Exports

Exports from the Czech Republic

In 2022, overseas shipments of tomato juice were finally on the rise to reach X tons for the first time since 2017, thus ending a four-year declining trend. Overall, total exports indicated a modest increase from 2012 to 2022: its volume increased at an average annual rate of +1.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports reached the peak figure at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato juice exports surged to $X in 2022. Over the period under review, exports showed a notable increase. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Ukraine (X tons), Slovakia (X tons) and Mongolia (X tons) were the main destinations of tomato juice exports from the Czech Republic, together accounting for 62% of total exports. Romania, Hungary, Germany and Latvia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +57.1%), while the other leaders experienced more modest paces of growth.

In value terms, Ukraine ($X), Slovakia ($X) and Romania ($X) were the largest markets for tomato juice exported from the Czech Republic worldwide, with a combined 59% share of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +71.8%, 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

In 2022, the average tomato juice export price amounted to $X per ton, waning by -7.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Hungary ($X 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 Romania (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Juice Imports

Imports into the Czech Republic

In 2022, approx. X tons of tomato juice were imported into the Czech Republic; which is down by -20.8% against the previous year's figure. In general, imports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2017 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato juice imports contracted sharply to $X in 2022. Overall, imports continue to indicate a abrupt curtailment. The growth pace was the most rapid in 2017 when imports increased by 22%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Poland (X tons) constituted the largest tomato juice supplier to the Czech Republic, accounting for a 74% share of total imports. Moreover, tomato juice imports from Poland exceeded the figures recorded by the second-largest supplier, Austria (X tons), sixfold. The third position in this ranking was held by Germany (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from Poland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-10.1% per year) and Germany (-12.3% per year).

In value terms, Poland ($X) constituted the largest supplier of tomato juice to the Czech Republic, comprising 60% of total imports. The second position in the ranking was held by Germany ($X), with an 18% share of total imports. It was followed by Austria, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland stood at -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.4% per year) and Austria (-8.8% per year).

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price saw a mild descent. The pace of growth appeared the most rapid in 2013 an increase of 11% against the previous year. Over the period under review, average import prices hit record highs 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 Italy ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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