Northern America: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in Northern America

The North American tomato ketchup market rose to $X in 2022, with an increase of 1.8% against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 8% against the previous year. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Tomato Ketchup Production in Northern America

In value terms, tomato ketchup production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 9.4%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Tomato Ketchup Exports

Exports in Northern America

In 2022, shipments abroad of tomato ketchup and tomato sauces increased by 3.3% to X tons, rising for the second year in a row after four years of decline. The total export volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 when exports increased by 17%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, tomato ketchup exports totaled $X in 2022. The total export value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015 when exports increased by 14% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States prevails in exports structure, resulting at X tons, which was approx. 91% of total exports in 2022. It was distantly followed by Canada (X tons), creating a 9% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to tomato ketchup exports from the United States stood at +2.0%. At the same time, Canada (+2.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +2.5% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest tomato ketchup supplier in Northern America, comprising 86% of total exports. The second position in the ranking was taken by Canada ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual growth rate of value in the United States stood at +2.4%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, picking up by 6.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+0.3%).

Tomato Ketchup Imports

Imports in Northern America

After six years of decline, purchases abroad of tomato ketchup and tomato sauces increased by 0.1% to X tons in 2022. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 25% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, tomato ketchup imports reached $X in 2022. The total import value increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2015 when imports increased by 15%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Canada was the key importer of tomato ketchup and tomato sauces in Northern America, with the volume of imports finishing at X tons, which was near 63% of total imports in 2022. It was distantly followed by the United States (X tons), committing a 36% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the United States (with a CAGR of +3.8%).

In value terms, Canada ($X) and the United States ($X) constituted the countries with the highest levels of imports in 2022.

The United States, with a CAGR of +5.1%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, with an increase of 13% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.2%).

Source: IndexBox Platform

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