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Report Update Nov 1, 2024

World - Tomato Juice - Market Analysis, Forecast, Size, Trends and Insights

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Global Tomato Juice Market 2024

Tomato Juice Market Size

The global tomato juice market stood at $X in 2022, increasing by 2% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 6.6%. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the global market remained at a lower figure.

Tomato Juice Production

In value terms, tomato juice production expanded notably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 35% against the previous year. Over the period under review, global production attained the maximum level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Tomato Juice Exports

Exports

After two years of decline, shipments abroad of tomato juice increased by 3.2% to X tons in 2022. In general, exports, however, saw a slight contraction. The pace of growth was the most pronounced in 2017 with an increase of 17% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, tomato juice exports stood at $X in 2022. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 16% against the previous year. Over the period under review, the global exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Spain (X tons), distantly followed by Italy (X tons), Russia (X tons), Poland (X tons) and Germany (X tons) were the main exporters of tomato juice, together comprising 63% of total exports. The following exporters - Mexico (X tons), Turkey (X tons), Latvia (X tons), the United States (X tons), the Netherlands (X tons), Austria (X tons), Cyprus (X tons) and Kazakhstan (X tons) - together made up 20% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Mexico (with a CAGR of +35.6%), while the other global leaders experienced more modest paces of growth.

In value terms, Spain ($X) remains the largest tomato juice supplier worldwide, comprising 29% of global exports. The second position in the ranking was taken by Italy ($X), with a 13% share of global exports. It was followed by Mexico, with a 6.7% share.

In Spain, tomato juice exports increased at an average annual rate of +21.8% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Italy (+3.7% per year) and Mexico (+43.5% per year).

Export Prices by Country

In 2022, the average tomato juice export price amounted to $X per ton, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The growth pace was the most rapid in 2021 when the average export price increased by 13%. The global export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Mexico ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.8%), while the other global leaders experienced more modest paces of growth.

Tomato Juice Imports

Imports

In 2022, global imports of tomato juice dropped to X tons, which is down by -6.7% on 2021 figures. Over the period under review, imports saw a noticeable slump. The growth pace was the most rapid in 2018 with an increase of 13%. Over the period under review, global imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, tomato juice imports amounted to $X in 2022. In general, imports saw a pronounced downturn. The pace of growth appeared the most rapid in 2018 with an increase of 17%. Over the period under review, global imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), the UK (X tons), Japan (X tons), the Netherlands (X tons), Hong Kong SAR (X tons), Russia (X tons), Latvia (X tons), Belarus (X tons), Lithuania (X tons), France (X tons), Kazakhstan (X tons) and Ukraine (X tons) represented roughly 61% of total imports in 2022. The United States (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Ukraine (with a CAGR of +33.0%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest tomato juice importing markets worldwide were Germany ($X), the United States ($X) and the UK ($X), with a combined 26% share of global imports.

In terms of the main importing countries, the United States, with a CAGR of +27.6%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tomato juice import price amounted to $X per ton, picking up by 7.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 14%. Global import price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of tomato juice consumption in 2021 were Russia, India and Japan, with a combined 53% share of global consumption.
The countries with the highest volumes of tomato juice production in 2021 were Russia, India and Japan, together accounting for 52% of global production. These countries were followed by Canada, Spain, France, the UK, Italy, Afghanistan, China, Turkey and Kenya, which together accounted for a further 32%.
In value terms, Spain remains the largest tomato juice supplier worldwide, comprising 28% of global exports. The second position in the ranking was occupied by Italy, with a 12% share of global exports. It was followed by Russia, with a 6.1% share.
In value terms, the largest tomato juice importing markets worldwide were the UK, Germany and Japan, with a combined 29% share of global imports. These countries were followed by France, Hong Kong SAR, the United States, Lithuania, the Netherlands, Belgium, Russia, Belarus, Kazakhstan and Latvia, which together accounted for a further 36%.
In 2021, the average tomato juice export price amounted to $743 per ton, increasing by 9.3% against the previous year.
In 2021, the average tomato juice import price amounted to $741 per ton, standing approx. at the previous year.

This report provides an in-depth analysis of the global tomato juice market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 390 - Juice of Tomatoes

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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