Eastern Europe: Preserved Tomato Market 2024

Preserved Tomato Market Size in Eastern Europe

In 2021, after two years of growth, there was decline in the East European preserved tomato market, when its value decreased by -2.3% to $X. The market value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2020, and then contracted modestly in the following year.

Preserved Tomato Production in Eastern Europe

In value terms, preserved tomato production declined modestly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded modest growth. The pace of growth appeared the most rapid in 2014 with an increase of 19% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Preserved Tomato Exports

Exports in Eastern Europe

After two years of growth, overseas shipments of preserved tomatoes decreased by -0.3% to X tons in 2021. Over the period under review, exports showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 8.5% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, preserved tomato exports rose rapidly to $X in 2021. In general, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 17%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, Poland (X tons) represented the major exporter of preserved tomatoes, committing 40% of total exports. Bulgaria (X tons) held an 11% share (based on physical terms) of total exports, which put it in second place, followed by Ukraine (9.4%), Hungary (7.8%), Lithuania (7.8%), Russia (7.5%), Latvia (5%) and the Czech Republic (4.7%).

Exports from Poland increased at an average annual rate of +11.6% from 2012 to 2021. At the same time, Russia (+42.5%), Latvia (+10.7%) and Hungary (+5.0%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +42.5% from 2012-2021. By contrast, Ukraine (-8.5%), the Czech Republic (-9.3%), Lithuania (-11.6%) and Bulgaria (-13.0%) illustrated a downward trend over the same period. Poland (+29 p.p.), Russia (+7.3 p.p.), Hungary (+4.1 p.p.) and Latvia (+3.5 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic, Ukraine, Lithuania and Bulgaria saw its share reduced by -3.7%, -6%, -9.6% and -17.7% from 2012 to 2021, respectively.

In value terms, Poland ($X) remains the largest preserved tomato supplier in Eastern Europe, comprising 39% of total exports. The second position in the ranking was taken by Bulgaria ($X), with an 11% share of total exports. It was followed by Lithuania, with an 8.3% share.

In Poland, preserved tomato exports increased at an average annual rate of +13.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Bulgaria (-8.8% per year) and Lithuania (-6.9% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, increasing by 9.3% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the Czech Republic ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+5.3%), while the other leaders experienced more modest paces of growth.

Preserved Tomato Imports

Imports in Eastern Europe

In 2021, purchases abroad of preserved tomatoes decreased by -0.6% to X tons for the first time since 2011, thus ending a nine-year rising trend. Total imports indicated a buoyant increase from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +72.7% against 2012 indices. The pace of growth was the most pronounced in 2018 with an increase of 14%. The volume of import peaked at X tons in 2020, and then reduced modestly in the following year.

In value terms, preserved tomato imports amounted to $X in 2021. Total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +81.1% against 2015 indices. The pace of growth was the most pronounced in 2018 with an increase of 22%. The level of import peaked in 2021 and is expected to retain growth in the near future.

Imports by Country

Poland was the main importing country with an import of around X tons, which resulted at 37% of total imports. Russia (X tons) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Romania (13%), the Czech Republic (10%) and Bulgaria (5.4%). The following importers - Hungary (X tons) and Slovakia (X tons) - each amounted to a 7.7% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +16.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and Romania ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 66% share of total imports. The Czech Republic, Bulgaria, Hungary and Slovakia lagged somewhat behind, together accounting for a further 24%.

In terms of the main importing countries, Bulgaria, with a CAGR of +17.8%, saw the highest growth rate of 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

The import price in Eastern Europe stood at $X per ton in 2021, surging by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Romania ($X per ton) and the Czech Republic ($X per ton), while Russia ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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