Report Update: May 1, 2024

Estonia - Tomato Ketchup And Tomato Sauces - Market Analysis, Forecast, Size, Trends And Insights

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Tomato Ketchup Price in Estonia - 2023

Tomato Ketchup Price in Estonia (CIF) - 2023

The average tomato ketchup import price stood at $2,213 per ton in September 2023, surging by 23% against the previous month. Over the last twelve months, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 25% against the previous month. The import price peaked in September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($5,562 per ton), while the price for Sweden ($1,157 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Tomato Ketchup Price in Estonia (FOB) - 2023

In September 2023, the average tomato ketchup export price amounted to $2,451 per ton, dropping by -5.7% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average export price increased by 28% m-o-m. The export price peaked at $2,693 per ton in June 2023; however, from July 2023 to September 2023, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In September 2023, the country with the highest price was Lithuania ($2,588 per ton), while the average price for exports to Finland ($2,423 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Ketchup Imports in Estonia

In 2022, supplies from abroad of tomato ketchup and tomato sauces decreased by -12.2% to 3.5K tons, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of 4.7K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, tomato ketchup imports contracted to $5.1M in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 19% against the previous year. As a result, imports reached the peak of $6M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Tomato Ketchup in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	563	798	943	951	19.1%
Sweden	731	519	1,003	871	6.0%
Netherlands	511	530	650	644	8.0%
Latvia	503	576	571	622	7.3%
Poland	392	489	566	606	15.6%
Finland	475	557	482	445	-2.2%
Lithuania	82.5	131	195	213	37.2%
Denmark	137	120	125	108	-7.6%
Ukraine	418	371	342	105	-36.9%
Spain	802	1,626	45.9	91.6	-51.5%
Others	441	303	646	409	-2.5%
Total	5,054	6,021	5,569	5,066	0.1%

Top Suppliers of Tomato Ketchup to Estonia in 2022:

Sweden (1078.0 tons)
Italy (445.3 tons)
Latvia (433.1 tons)
Poland (370.9 tons)
Netherlands (284.4 tons)
Finland (270.2 tons)
Lithuania (170.1 tons)
Denmark (92.5 tons)
Ukraine (78.0 tons)
Spain (67.8 tons)

Tomato Ketchup Exports in Estonia

In 2022, shipments abroad of tomato ketchup and tomato sauces decreased by -34.5% to 1.2K tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 22%. As a result, the exports reached the peak of 2.1K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, tomato ketchup exports dropped sharply to $2M in 2022. Overall, exports showed a perceptible descent. The pace of growth was the most pronounced in 2020 when exports increased by 21% against the previous year.

Export of Tomato Ketchup in Estonia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	1,297	1,710	1,706	1,067	-6.3%
Latvia	141	158	186	418	43.7%
Finland	367	340	470	371	0.4%
Lithuania	180	189	50.1	75.1	-25.3%
Russia	140	175	203	50.8	-28.7%
Others	42.7	45.5	24.3	10.0	-38.4%
Total	2,167	2,618	2,640	1,992	-2.8%

Top Export Markets for Tomato Ketchup from Estonia in 2022:

Poland (775.2 tons)
Latvia (206.3 tons)
Finland (135.9 tons)
Lithuania (51.2 tons)
Russia (37.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the tomato ketchup market in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10841230 - Tomato ketchup and other tomato sauces

Country coverage:

Estonia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Estonia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023