Philippines: Tomato Puree Market 2025

Tomato Puree Market Size in the Philippines

The Philippine tomato puree market surged to $X in 2022, jumping by 16% against the previous year. Over the period under review, consumption continues to indicate a buoyant expansion. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Tomato Puree Production in the Philippines

In value terms, tomato puree production surged to $X in 2022 estimated in export price. Overall, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by 100% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Tomato Puree Exports

Exports from the Philippines

In 2022, overseas shipments of tomato puree and paste increased by 1,531% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 54,236% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato puree exports skyrocketed to $X in 2022. Overall, exports recorded a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of 23,707% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Vietnam (X tons) was the main destination for tomato puree exports from the Philippines, with a 83% share of total exports. Moreover, tomato puree exports to Vietnam exceeded the volume sent to the second major destination, Japan (X tons), ninefold. Australia (X tons) ranked third in terms of total exports with a 4% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+4.9% per year) and Australia (+6.6% per year).

In value terms, Vietnam ($X) emerged as the key foreign market for tomato puree and paste exports from the Philippines, comprising 62% of total exports. The second position in the ranking was held by Japan ($X), with a 25% share of total exports. It was followed by Australia, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Vietnam was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+17.8% per year) and Australia (+15.1% per year).

Export Prices by Country

In 2022, the average tomato puree export price amounted to $X per ton, waning by -58.7% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 150%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to Vietnam ($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 Japan (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports

Imports into the Philippines

In 2022, imports of tomato puree and paste into the Philippines expanded markedly to X tons, surging by 12% compared with 2021. In general, total imports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.5% against 2019 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 65% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, tomato puree imports skyrocketed to $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +8.0% 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 +17.0% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, China (X tons) was the main tomato puree supplier to the Philippines, accounting for a 98% share of total imports. It was followed by the United States (X tons), with a 0.7% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.7%.

In value terms, China ($X) constituted the largest supplier of tomato puree and paste to the Philippines, comprising 98% of total imports. The second position in the ranking was held by the United States ($X), with a 0.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +8.7%.

Import Prices by Country

In 2022, the average tomato puree import price amounted to $X per ton, surging by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.8%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China totaled $X per ton.

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

Source: IndexBox Platform

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