Ukraine: Tomato Juice Market 2024

Tomato Juice Market Size in Ukraine

In 2022, the Ukrainian tomato juice market increased by 95% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption enjoyed a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Tomato Juice Production in Ukraine

In value terms, tomato juice production contracted to $X in 2022 estimated in export price. In general, production showed a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 9.7% against the previous year. Tomato juice production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Tomato Juice Exports

Exports from Ukraine

In 2022, the amount of tomato juice exported from Ukraine declined significantly to X tons, waning by -76.5% against the previous year's figure. Over the period under review, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2013 with an increase of 40%. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato juice exports fell notably to $X in 2022. In general, exports showed a dramatic setback. The pace of growth appeared the most rapid in 2013 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Moldova (X tons) was the main destination for tomato juice exports from Ukraine, with a 34% share of total exports. Moreover, tomato juice exports to Moldova exceeded the volume sent to the second major destination, Israel (X tons), twofold. The United States (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2022, the average annual growth rate of volume to Moldova stood at -9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-3.7% per year) and the United States (-10.2% per year).

In value terms, Moldova ($X) emerged as the key foreign market for tomato juice exports from Ukraine, comprising 32% of total exports. The second position in the ranking was held by Israel ($X), with a 16% share of total exports. It was followed by the United States, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova stood at -12.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (-4.1% per year) and the United States (-10.4% per year).

Export Prices by Country

The average tomato juice export price stood at $X per ton in 2022, jumping by 16% against the previous year. Over the period under review, the export price, however, recorded a mild slump. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Belarus ($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 Canada (+2.3%), while the prices for the other major destinations experienced a decline.

Tomato Juice Imports

Imports into Ukraine

In 2022, supplies from abroad of tomato juice increased by 148% to X tons, rising for the seventh year in a row after two years of decline. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 211%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, tomato juice imports soared to $X in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Poland (X tons) constituted the largest supplier of tomato juice to Ukraine, with a 58% share of total imports. Moreover, tomato juice imports from Poland exceeded the figures recorded by the second-largest supplier, Moldova (X tons), threefold. Latvia (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland amounted to +121.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+83.0% per year) and Latvia (+59.6% per year).

In value terms, Poland ($X) constituted the largest supplier of tomato juice to Ukraine, comprising 59% of total imports. The second position in the ranking was held by Moldova ($X), with a 16% share of total imports. It was followed by Latvia, with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled +98.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Moldova (+78.7% per year) and Latvia (+55.0% per year).

Import Prices by Country

The average tomato juice import price stood at $X per ton in 2022, picking up by 18% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. Over the period under review, average import prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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