Thailand: Tomato Puree Market 2025

Tomato Puree Market Size in Thailand

The Thai tomato puree market surged to $X in 2022, picking up by 30% against the previous year. In general, the total consumption indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +71.1% against 2017 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tomato Puree Production in Thailand

In value terms, tomato puree production amounted to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when the production volume increased by 1%. Tomato puree production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Tomato Puree Exports

Exports from Thailand

Tomato puree exports from Thailand dropped to X tons in 2022, declining by -9% against 2021 figures. Overall, exports recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 when exports increased by 23%. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, tomato puree exports amounted to $X in 2022. In general, exports continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 19%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Vietnam (X tons) was the main destination for tomato puree exports from Thailand, with a 69% share of total exports. Moreover, tomato puree exports to Vietnam exceeded the volume sent to the second major destination, Japan (X tons), threefold. The third position in this ranking was taken by Cambodia (X tons), with a 3.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Vietnam totaled +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-16.7% per year) and Cambodia (+28.0% per year).

In value terms, Vietnam ($X) remains the key foreign market for tomato puree and paste exports from Thailand, comprising 61% of total exports. The second position in the ranking was taken by Japan ($X), with a 20% share of total exports. It was followed by Cambodia, with a 4.2% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam amounted to +32.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (-17.8% per year) and Cambodia (+29.7% per year).

Export Prices by Country

The average tomato puree export price stood at $X per ton in 2022, with an increase of 12% against the previous year. Over the period under review, the export price, however, continues to indicate a mild downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while the average price for exports to Vietnam ($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 Bangladesh (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Puree Imports

Imports into Thailand

In 2022, tomato puree imports into Thailand soared to X tons, increasing by 18% on 2021 figures. Overall, total imports indicated a measured increase from 2012 to 2022: its volume 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 +59.7% against 2017 indices. The most prominent rate of growth was recorded in 2015 when imports increased by 33% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, tomato puree imports soared to $X in 2022. Over the period under review, total imports indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.6% 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 +92.5% against 2017 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of tomato puree to Thailand, accounting for a 83% share of total imports. Moreover, tomato puree imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was taken by Portugal (X tons), with a 4.7% share.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.7% per year) and Portugal (+10.4% per year).

In value terms, China ($X) constituted the largest supplier of tomato puree and paste to Thailand, comprising 80% of total imports. The second position in the ranking was held by the United States ($X), with a 5.7% share of total imports. It was followed by Portugal, with a 5.1% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.4% per year) and Portugal (+8.4% per year).

Import Prices by Country

In 2022, the average tomato puree import price amounted to $X per ton, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2014 an increase of 21%. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Australia ($X per ton) and Italy ($X per ton), while the price for China ($X per ton) and Chile ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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