France: Tomato Juice Market 2024

Tomato Juice Market Size in France

In 2022, after two years of growth, there was decline in the French tomato juice market, when its value decreased by -2.3% to $X. Over the period under review, consumption saw a pronounced shrinkage. Tomato juice consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Tomato Juice Production in France

In value terms, tomato juice production dropped to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable shrinkage. The pace of growth was the most pronounced in 2016 when the production volume increased by 34%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Tomato Juice Exports

Exports from France

In 2022, after three years of decline, there was significant growth in shipments abroad of tomato juice, when their volume increased by 38% to X tons. Over the period under review, exports showed a measured increase. The most prominent rate of growth was recorded in 2014 with an increase of 75% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, tomato juice exports surged to $X in 2022. Overall, exports showed mild growth. The most prominent rate of growth was recorded in 2014 with an increase of 61% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for tomato juice exports from France, accounting for a 41% share of total exports. Moreover, tomato juice exports to Belgium exceeded the volume sent to the second major destination, the UK (X tons), threefold. Italy (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +5.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+17.3% per year) and Italy (+34.5% per year).

In value terms, Belgium ($X) remains the key foreign market for tomato juice exports from France, comprising 32% of total exports. The second position in the ranking was taken by Italy ($X), with a 12% share of total exports. It was followed by the UK, with a 9.3% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+28.7% per year) and the UK (+12.6% per year).

Export Prices by Country

In 2022, the average tomato juice export price amounted to $X per ton, which is down by -8.5% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2013 an increase of 20% 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 lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to China ($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 Switzerland (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Juice Imports

Imports into France

In 2022, approx. X tons of tomato juice were imported into France; waning by -5.3% on 2021. In general, imports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 63% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato juice imports contracted rapidly to $X in 2022. Over the period under review, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.9% 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 +7.5% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 98% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), Italy (X tons) and Belgium (X tons) were the main suppliers of tomato juice imports to France, together comprising 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +9.1%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Italy ($X), Germany ($X) and Belgium ($X) were the largest tomato juice suppliers to France, with a combined 80% share of total imports.

Germany, with a CAGR of +7.7%, 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 juice import price stood at $X per ton in 2022, with a decrease of -17.6% against the previous year. Over the period under review, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 35% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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