Uruguay: Tomato Ketchup Market 2025

Tomato Ketchup Market Size in Uruguay

In 2022, the Uruguayan tomato ketchup market increased by 2.5% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a slight decrease. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Tomato Ketchup Production in Uruguay

In value terms, tomato ketchup production reduced to $X in 2022 estimated in export price. In general, production recorded a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the production volume increased by 25%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Tomato Ketchup Exports

Exports from Uruguay

In 2022, overseas shipments of tomato ketchup and tomato sauces decreased by -30.9% to X tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a tangible expansion. The pace of growth was the most pronounced in 2020 when exports increased by 64%. As a result, the exports attained the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, tomato ketchup exports dropped notably to $X in 2022. In general, total exports indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -28.0% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 55% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Paraguay (X tons) was the main destination for tomato ketchup exports from Uruguay, accounting for a 88% share of total exports. Moreover, tomato ketchup exports to Paraguay exceeded the volume sent to the second major destination, Chile (X tons), sevenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Paraguay totaled +3.2%.

In value terms, Paraguay ($X) remains the key foreign market for tomato ketchup and tomato sauces exports from Uruguay, comprising 91% of total exports. The second position in the ranking was taken by Chile ($X), with an 8.6% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Paraguay totaled +2.6%.

Export Prices by Country

In 2022, the average tomato ketchup export price amounted to $X per ton, rising by 12% against the previous year. Overall, the export price, however, saw a slight slump. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($X per ton), while the average price for exports to Chile stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+6.8%), while the prices for the other major destinations experienced a decline.

Tomato Ketchup Imports

Imports into Uruguay

Tomato ketchup imports into Uruguay surged to X tons in 2022, jumping by 17% on 2021. In general, total imports indicated a resilient increase from 2012 to 2022: its volume 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tomato ketchup imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Argentina (X tons) constituted the largest supplier of tomato ketchup to Uruguay, accounting for a 49% share of total imports. Moreover, tomato ketchup imports from Argentina exceeded the figures recorded by the second-largest supplier, Brazil (X tons), twofold. Chile (X tons) ranked third in terms of total imports with a 7.8% share.

From 2012 to 2022, the average annual growth rate of volume from Argentina stood at +3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+14.2% per year) and Chile (+2.1% per year).

In value terms, Argentina ($X) constituted the largest supplier of tomato ketchup and tomato sauces to Uruguay, comprising 50% of total imports. The second position in the ranking was held by Brazil ($X), with an 18% share of total imports. It was followed by Chile, with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Argentina stood at +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+11.8% per year) and Chile (+4.4% per year).

Import Prices by Country

In 2022, the average tomato ketchup import price amounted to $X per ton, growing by 17% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 17% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+2.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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