EU: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in the EU

The EU tomato ketchup market reached $X in 2022, rising by 12% against the previous year. Overall, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2014; afterwards, it flattened through to 2022.

Tomato Ketchup Production in the EU

In value terms, tomato ketchup production expanded notably to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9.4% against the previous year. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Tomato Ketchup Exports

Exports in the EU

For the sixth consecutive year, the European Union recorded growth in overseas shipments of tomato ketchup and tomato sauces, which increased by 3.5% to X tons in 2022. The total export volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 with an increase of 9.4%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, tomato ketchup exports reached $X in 2022. Total exports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.7% against 2016 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 17%. The level of export peaked in 2022 and is likely to continue growth in the immediate term.

Exports by Country

In 2022, the Netherlands (X tons), distantly followed by Italy (X tons), Spain (X tons), Portugal (X tons), Poland (X tons), Germany (X tons) and Belgium (X tons) were the largest exporters of tomato ketchup and tomato sauces, together making up 90% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Portugal (with a CAGR of +11.7%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Spain ($X) constituted the countries with the highest levels of exports in 2022, with a combined 66% share of total exports. Germany, Poland, Belgium and Portugal lagged somewhat behind, together accounting for a further 24%.

Among the main exporting countries, Portugal, with a CAGR of +12.2%, 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 export price in the European Union stood at $X per ton in 2022, stabilizing at 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 2020 when the export price increased by 7.7%. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+0.4%), while the other leaders experienced mixed trends in the export price figures.

Tomato Ketchup Imports

Imports in the EU

In 2022, approx. X tons of tomato ketchup and tomato sauces were imported in the European Union; flattening at the previous year's figure. The total import volume increased at an average annual rate of +2.7% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when imports increased by 8.5%. Over the period under review, imports attained the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato ketchup imports rose slightly to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2014 with an increase of 11%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

France (X tons) and Germany (X tons) represented the key importers of tomato ketchup and tomato sauces in 2022, accounting for near 23% and 23% of total imports, respectively. It was distantly followed by the Netherlands (X tons), making up a 7.4% share of total imports. The following importers - Austria (X tons), Belgium (X tons), the Czech Republic (X tons), Poland (X tons), Italy (X tons), Spain (X tons), Denmark (X tons), Sweden (X tons), Finland (X tons) and Romania (X tons) - together made up 33% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Poland (with a CAGR of +15.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tomato ketchup importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), with a combined 52% share of total imports. Austria, Belgium, the Czech Republic, Italy, Denmark, Finland, Poland, Sweden, Spain and Romania lagged somewhat behind, together comprising a further 34%.

Poland, with a CAGR of +13.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by 2.5% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 7.3% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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