Uruguay: Preserved Tomato Market 2025

Preserved Tomato Market Size in Uruguay

In 2021, after three years of growth, there was significant decline in the Uruguayan preserved tomato market, when its value decreased by -11.5% to $X. Over the period under review, the total consumption indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +61.9% against 2017 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then contracted in the following year.

Preserved Tomato Production in Uruguay

In value terms, preserved tomato production shrank markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +74.4% against 2017 indices. The growth pace was the most rapid in 2015 when the production volume increased by 54% against the previous year. Preserved tomato production peaked at $X in 2020, and then dropped rapidly in the following year.

Preserved Tomato Exports

Exports from Uruguay

In 2021, approx. X kg of preserved tomatoes were exported from Uruguay; waning by -96.2% on 2020 figures. In general, exports faced a precipitous slump. The most prominent rate of growth was recorded in 2019 when exports increased by 116%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved tomato exports declined rapidly to $X in 2021. Over the period under review, exports saw a precipitous curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 113%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Paraguay (X kg) was the main destination for preserved tomato exports from Uruguay, with a 69% share of total exports. Moreover, preserved tomato exports to Paraguay exceeded the volume sent to the second major destination, Argentina (X kg), threefold. The UK (X kg) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Paraguay amounted to -21.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-43.0% per year) and the UK (-21.0% per year).

In value terms, Paraguay ($X) remains the key foreign market for preserved tomatoes exports from Uruguay, comprising 68% of total exports. The second position in the ranking was held by Argentina ($X), with a 23% share of total exports. It was followed by the UK, with a 4.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Paraguay amounted to -18.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (-41.1% per year) and the UK (-29.0% per year).

Export Prices by Country

The average preserved tomato export price stood at $X per ton in 2021, picking up by 23% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.8%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major overseas markets. In 2021, amid the top suppliers, the countries with the highest prices were Chile ($X per ton) and the UK ($X per ton), while the average price for exports to Argentina ($X per ton) and Paraguay ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Tomato Imports

Imports into Uruguay

In 2021, preserved tomato imports into Uruguay surged to X tons, increasing by 26% compared with the year before. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.2% against 2019 indices. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, preserved tomato imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +6.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Argentina (X tons), Italy (X tons) and Spain (X tons) were the main suppliers of preserved tomato imports to Uruguay, together accounting for 59% of total imports.

From 2012 to 2021, the biggest increases were recorded for Argentina (with a CAGR of +22.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved tomato suppliers to Uruguay were Italy ($X), Argentina ($X) and Spain ($X), with a combined 59% share of total imports.

Argentina, with a CAGR of +18.8%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved tomato import price amounted to $X per ton, surging by 8.2% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 12% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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