Czech Republic: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in the Czech Republic

In 2022, the Czech tomato ketchup market increased by 16% to $X, rising for the third consecutive year after two years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Tomato Ketchup Production in the Czech Republic

In value terms, tomato ketchup production surged to $X in 2022 estimated in export price. In general, production, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 99% against the previous year. Tomato ketchup production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Tomato Ketchup Exports

Exports from the Czech Republic

In 2022, overseas shipments of tomato ketchup and tomato sauces increased by 36% to X tons, rising for the third year in a row after four years of decline. In general, exports, however, recorded a noticeable curtailment. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, tomato ketchup exports skyrocketed to $X in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons) was the main destination for tomato ketchup exports from the Czech Republic, accounting for a 48% share of total exports. Moreover, tomato ketchup exports to Slovakia exceeded the volume sent to the second major destination, Austria (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 16% share.

From 2012 to 2022, the average annual growth rate of volume to Slovakia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (-0.0% per year) and Germany (+10.3% per year).

In value terms, Slovakia ($X), Austria ($X) and Germany ($X) appeared to be the largest markets for tomato ketchup exported from the Czech Republic worldwide, with a combined 81% share of total exports. Belgium, Poland, Hungary, Romania, Slovenia, the UK and Croatia lagged somewhat behind, together comprising a further 13%.

In terms of the main countries of destination, Belgium, with a CAGR of +98.5%, saw 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.

Export Prices by Country

The average tomato ketchup export price stood at $X per ton in 2022, dropping by -12.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The most prominent rate of growth was recorded in 2020 an increase of 13%. The export price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Romania ($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 Hungary (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into the Czech Republic

After five years of growth, overseas purchases of tomato ketchup and tomato sauces decreased by -2.3% to X tons in 2022. Overall, imports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 with an increase of 32%. As a result, imports attained the peak of X tons, and then contracted in the following year.

In value terms, tomato ketchup imports totaled $X in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.

Imports by Country

Poland (X tons), Austria (X tons) and the Netherlands (X tons) were the main suppliers of tomato ketchup imports to the Czech Republic, with a combined 73% share of total imports. Italy, Serbia, Germany, Bosnia and Herzegovina, Spain and Belgium lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bosnia and Herzegovina (with a CAGR of +20,114,800.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato ketchup suppliers to the Czech Republic were Austria ($X), Poland ($X) and the Netherlands ($X), with a combined 71% share of total imports. Italy, Germany, Serbia, Spain, Belgium and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further 26%.

Bosnia and Herzegovina, with a CAGR of +30,809,000.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average tomato ketchup import price stood at $X per ton in 2022, with an increase of 9.5% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 11%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Bosnia and Herzegovina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bosnia and Herzegovina (+53.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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