U.S.: Tomato Ketchup Market 2024

Tomato Ketchup Market Size in the U.S.

The U.S. tomato ketchup market rose to $X in 2022, with an increase of 1.5% against the previous year. Overall, consumption, however, saw a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of 7.2% against the previous year. Tomato ketchup consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Tomato Ketchup Production in the U.S.

In value terms, tomato ketchup production amounted to $X in 2022. Over the period under review, production, however, continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2017 with an increase of 4.8% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Tomato Ketchup Exports

Exports from the U.S.

In 2022, shipments abroad of tomato ketchup and tomato sauces increased by 1.1% 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 +2.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 with an increase of 20% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, tomato ketchup exports rose rapidly to $X in 2022. The total export value increased at an average annual rate of +2.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 17% 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 failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for tomato ketchup exports from the United States, accounting for a 49% share of total exports. Moreover, tomato ketchup exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. The third position in this ranking was taken by Japan (X tons), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+7.7% per year) and Japan (+5.0% per year).

In value terms, Canada ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from the United States, comprising 48% of total exports. The second position in the ranking was held by Mexico ($X), with a 14% share of total exports. It was followed by Japan, with a 6.4% share.

From 2012 to 2022, the average annual growth rate of value to Canada was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+8.7% per year) and Japan (+6.4% per year).

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, surging by 5.4% against the previous year. In general, the export price continues to indicate 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.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Guatemala ($X per ton) and South Korea ($X per ton), while the average price for exports to the Dominican Republic ($X per ton) and Canada ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports

Imports into the U.S.

In 2022, supplies from abroad of tomato ketchup and tomato sauces increased by 19% to X tons, rising for the sixth consecutive year after four years of decline. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +3.8% 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 +118.0% against 2016 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, tomato ketchup imports skyrocketed to $X in 2022. Overall, imports continue to indicate a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of tomato ketchup to the United States, with a 51% share of total imports. Moreover, tomato ketchup imports from Canada exceeded the figures recorded by the second-largest supplier, Mexico (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Canada amounted to +2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (-0.4% per year) and Italy (+19.2% per year).

In value terms, Canada ($X) constituted the largest supplier of tomato ketchup and tomato sauces to the United States, comprising 50% of total imports. The second position in the ranking was taken by Mexico ($X), with a 15% share of total imports. It was followed by Italy, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Canada stood at +2.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Mexico (+1.4% per year) and Italy (+18.1% per year).

Import Prices by Country

The average tomato ketchup import price stood at $X per ton in 2022, picking up by 8.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2017 an increase of 11%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Costa Rica ($X per ton), while the price for the Dominican Republic ($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 Dominican Republic (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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