Puerto Rico - Tomatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Tomato Market 2024
Tomato Market Size in Puerto Rico
After two years of growth, the Puerto Rican tomato market decreased by -3.4% to $X in 2021. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. Puerto Rico consumption peaked at $X in 2020, and then fell in the following year.
Tomato Production in Puerto Rico
In value terms, tomato production reduced to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 13% against the previous year. Puerto Rico production peaked at $X in 2020, and then dropped slightly in the following year.
The average yield of tomatoes in Puerto Rico totaled X tons per ha in 2021, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 4.2%. Over the period under review, the tomato yield reached the peak level at X tons per ha in 2019; however, from 2020 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The tomato harvested area in Puerto Rico reduced modestly to X ha in 2021, approximately equating the previous year's figure. Overall, the harvested area showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by 2.1%. Over the period under review, the harvested area dedicated to tomato production attained the maximum at X ha in 2016; however, from 2017 to 2021, the harvested area failed to regain momentum.
Tomato Exports
Exports by Country
In 2021, Mexico (X tons), distantly followed by the Netherlands (X tons), Spain (X tons), Morocco (X tons) and Turkey (X tons) were the largest exporters of tomatoes, together creating 59% of total exports. Afghanistan (X tons), China (X tons), France (X tons), Jordan (X tons), Belgium (X tons), the United States (X tons), Canada (X tons) and Azerbaijan (X tons) followed a long way behind the leaders.
From 2012 to 2021, the biggest increases were in Afghanistan (with a CAGR of +48.6%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest tomato supplying countries from Puerto Rico were Mexico ($X), the Netherlands ($X) and Spain ($X), with a combined 54% share of total exports. These countries were followed by Morocco, France, Canada, China, Belgium, Turkey, the United States, Azerbaijan, Jordan and Afghanistan, which together accounted for a further 34%.
Afghanistan, with a CAGR of +38.7%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Tomato Imports
Imports by Country
The United States was the key importing country with an import of around X tons, which accounted for 26% of total imports. Germany (X tons) took the second position in the ranking, followed by France (X tons), Russia (X tons), Pakistan (X tons) and Saudi Arabia (X tons). All these countries together held approx. 33% share of total imports. The UK (X tons), the Netherlands (X tons), Canada (X tons), Spain (X tons), Poland (X tons), Syrian Arab Republic (X tons) and Italy (X tons) held a minor share of total imports.
From 2012 to 2021, average annual rates of growth with regard to tomato imports into the United States stood at +2.7%. At the same time, Spain (+7.5%), Saudi Arabia (+6.1%), Pakistan (+5.6%) and Poland (+5.1%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing importer imported in the world, with a CAGR of +7.5% from 2012-2021. Germany, Syrian Arab Republic, Canada, the Netherlands, Italy and France experienced a relatively flat trend pattern. By contrast, the UK (-1.9%) and Russia (-6.8%) illustrated a downward trend over the same period. The United States (+3.9 p.p.), Pakistan (+1.8 p.p.) and Saudi Arabia (+1.7 p.p.) significantly strengthened its position in terms of the global imports, while Russia saw its share reduced by -5.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X), Germany ($X) and France ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 53% of total imports. These countries were followed by the UK, Russia, the Netherlands, Canada, Poland, Spain, Italy, Saudi Arabia, Pakistan and Syrian Arab Republic, which together accounted for a further 27%.
Spain, with a CAGR of +11.6%, recorded 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.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the tomato market in Puerto Rico. 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 388 - Tomatoes, fresh
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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