Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria - 2023
Contents:
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria (CIF) - 2023
- Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria (FOB) - 2023
- Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria
- Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria
Price for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria (CIF) - 2023
In November 2023, the average import price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid amounted to $1,622 per ton, picking up by 3.1% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 12% against the previous month. As a result, import price reached the peak level of $1,712 per ton. From May 2023 to November 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Hungary ($2,570 per ton), while the price for Spain ($898 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Hungary (+3.3%), 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 Austria (FOB) - 2023
The average export price for tomatoes; prepared or preserved otherwise than by vinegar or acetic acid stood at $1,690 per ton in November 2023, falling by -7.5% against the previous month. Overall, the export price saw a slight slump. The growth pace was the most rapid in August 2023 an increase of 13% m-o-m. The export price peaked at $2,167 per ton in December 2022; however, from January 2023 to November 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In November 2023, the highest price was recorded for prices to the Czech Republic ($1,884 per ton) and Romania ($1,712 per ton), while the average price for exports to Hungary ($1,345 per ton) and Poland ($1,466 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria
For the fourth consecutive year, Austria recorded growth in overseas purchases of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, which increased by 2.5% to 74K tons in 2022. The total import volume increased at an average annual rate of +9.7% over the period from 2019 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 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid rose significantly to $93M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 38.0 | 51.2 | 62.2 | 65.5 | 19.9% |
| Germany | 3.2 | 4.1 | 4.3 | 9.8 | 45.2% |
| Spain | 2.0 | 3.0 | 3.5 | 4.5 | 31.0% |
| Portugal | 1.5 | 1.7 | 2.2 | 3.5 | 32.6% |
| Greece | 3.5 | 6.6 | 5.9 | 3.4 | -1.0% |
| Ukraine | 2.4 | 2.2 | 4.6 | 2.6 | 2.7% |
| Netherlands | 0.4 | 0.3 | 1.1 | 1.7 | 62.0% |
| Others | 1.9 | 2.4 | 1.8 | 1.7 | -3.6% |
| Total | 52.9 | 71.4 | 85.5 | 92.7 | 20.6% |
Top Suppliers of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid to Austria in 2022:
- Italy (53.0K tons)
- Germany (5.8K tons)
- Spain (4.0K tons)
- Portugal (3.5K tons)
- Greece (2.6K tons)
- Ukraine (2.3K tons)
- Netherlands (1.6K tons)
Exports of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria
In 2022, after three years of growth, there was significant decline in shipments abroad of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid, when their volume decreased by -37.8% to 13K tons. In general, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 92%.
In value terms, exports of tomatoes; prepared or preserved otherwise than by vinegar or acetic acid shrank sharply to $22M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 90%.
| Export of Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid in Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 8.0 | 16.5 | 23.7 | 17.5 | 29.8% |
| Czech Republic | 0.1 | N/A | 1.3 | 2.0 | 171.4% |
| Romania | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Croatia | 0.1 | 0.1 | 0.6 | 0.3 | 44.2% |
| Poland | N/A | 0.3 | 2.5 | 0.1 | -42.3% |
| Others | 1.2 | 1.1 | 1.5 | 1.4 | 5.3% |
| Total | 9.5 | 18.0 | 29.8 | 21.9 | 32.1% |
Top Export Markets for Tomatoes; Prepared or Preserved Otherwise than by Vinegar or Acetic Acid from Austria in 2022:
- Germany (10.0K tons)
- Czech Republic (1.1K tons)
- Romania (0.6K tons)
- Croatia (0.2K tons)
- Poland (0.1K tons)
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This report provides an in-depth analysis of the preserved tomato market in Austria.
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This report provides an in-depth analysis of the tomato puree market in Austria.
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This report provides an in-depth analysis of the global preserved tomato market.
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This report provides an in-depth analysis of the global tomato puree market.
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