Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands - 2023

Contents:

  1. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (CIF) - 2023
  2. Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (FOB) - 2023
  3. Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands
  4. Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (CIF) - 2023

In November 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,741 per ton, growing by 2.8% against the previous month. Over the period from November 2022 to November 2023, it increased at an average monthly rate of +3.0%. The pace of growth was the most pronounced in September 2023 an increase of 10% m-o-m. As a result, import price attained the peak level of $1,877 per ton. From October 2023 to November 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In November 2023, the highest price was recorded for prices from Spain ($1,741 per ton) and Italy ($1,705 per ton), while the price for Portugal ($1,495 per ton) and Germany ($1,656 per ton) were amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (FOB) - 2023

The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,815 per ton in November 2023, picking up by 7.4% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in December 2022 an increase of 12% against the previous month. The export price peaked in November 2023.

There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was the UK ($2,372 per ton), while the average price for exports to France ($1,548 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+4.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands

Imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid into the Netherlands skyrocketed to 232K tons in 2022, increasing by 26% against the previous year. The total import volume increased at an average annual rate of +9.2% from 2019 to 2022; 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.

In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid skyrocketed to $252M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy64.184.192.313728.8%
Spain36.349.352.349.110.6%
United States17.818.916.228.316.7%
Germany15.719.113.210.7-12.0%
Portugal3.25.96.27.231.0%
France1.31.41.75.561.7%
Greece2.82.13.33.79.7%
Others11.79.09.710.7-2.9%
Total15319019525218.1%

Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to the Netherlands in 2022:

  1. Italy (120.8K tons)
  2. Spain (50.1K tons)
  3. United States (32.8K tons)
  4. Germany (7.8K tons)
  5. Portugal (6.8K tons)
  6. France (4.1K tons)
  7. Greece (3.2K tons)

Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands

Exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid from the Netherlands skyrocketed to 74K tons in 2022, growing by 32% against 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 34%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid skyrocketed to $98M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 60% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom19.625.329.933.519.6%
Germany8.622.910.420.433.4%
Belgium13.418.019.314.01.5%
France1.91.22.26.550.7%
Romania0.30.30.33.5126.8%
Poland0.41.31.13.4104.1%
Sweden0.60.91.12.458.7%
Austria0.30.51.01.881.7%
Others4.18.66.312.143.4%
Total49.379.071.597.725.6%

Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from the Netherlands in 2022:

  1. United Kingdom (27.6K tons)
  2. Germany (13.8K tons)
  3. Belgium (11.5K tons)
  4. France (4.0K tons)
  5. Romania (2.6K tons)
  6. Poland (2.4K tons)
  7. Sweden (1.4K tons)
  8. Austria (1.4K tons)

Source: IndexBox Market Intelligence Platform

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