Tomato Paste Price In Sri Lanka
If your business is in Sri Lanka, you have to search for the exact price for tomato paste so you can sell your products
Also, it would help if you hardly understand the analysis of the e Sri Lanka tomato paste market
In terms of value, tomato productidecreasedsed to $X in 2021, cas calculated the n export price
Overall, production registered a relatively flat trend
The most significant growth rate was reported iin2018 when the amount of production increased by X% compared to the previous year
As a result, production peaked at $X
From 2019 to 2021, production growth remains slightly lower
Sri Lanka’s average tomato yield decreased to X tons per hectare in 2021, a decrease of -X% compared to 2020 data
The yield figure increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern showed significant fluctuations during the analysis period
The most significant growth rate was recorded in 2016, with an increase of X% over the previous year
Tomato production peaked at X tonnes per hectare in 2017; however, from 2018 to 2021, the result remains at a lower value
Despite the increased use of modern agricultural techniques and methods, future yield figures may still be adversely affected
In 2021, the total harvested area of tomato production in Sri Lanka had decreased moderately to X hectares, almost mirroring the previous year’s figure
Overall, the harvested area registered a noticeable contraction
The growth rate was fastest in 2018 when harvested area increased by X%
During the period considered, the harvested site dedicated to tomato production reached a maximum of X hectares in 2012; however, from 2013 to 2021, the area was covered by a slightly lower figure
Tomato Exports Exports from Sri Lanka In 2021, overseas tomato shipments fell by -X% to X tons for the first time since 2013, ending a seven-year high trend
Overall, exports have seen a significant decline
The growth rate was most influential in 2020 when exports increased by X %
As a result, exports peaked at X tonnes sharply the following year
In terms of value, tomato exports decreased significantly to $X in 2021
There was a sharp decline in exports during the period under review
The most significant growth rate was recorded in 2020 when exports increased by X% compared to the previous year
As a result, exports peaked at $X and were significantly reduced the following year
In 2021, tomato purchases abroad decreased by -X% to X tons, falling for the third year after seven years of growth
During the period under review, imports registered a slight decline
The most significant growth rate was recorded in 2018, with an increase of X% compared to the previous year
As a result, imports peaked at X tonnes
From 2019 to 2021, import growth remains at a lower value
In value terms, tomato imports declined significantly to $X in 2021
However, overall, imports showed a sustained increase
The most significant growth rate was recorded in 2018, with a rise of X%
As a result, imports peaked at $X
From 2019 to 2021, import growth failed to regain momentum
Imports by country The Netherlands (X kg), Italy (X kg), and Vietnam (X kg) are the main leading pliers of tomato imports to Sri Lanka, with a combined share of X% of total imports
From 2012 to 2021, the most significant increases were in Italy (with a CAGR of +X%), while the purchases of the other leaders had mixed trends
In terms of value, Italy ($X), the Nethers ($X), and Vietnam ($X) is the largest suppliers of tomatoes to Sri Lanka, with a combined share of X% of total imports
The Netherlands, with a CAGR of +X%, had the highest growth rates in import value among the primary supply ads during the period under review, while leader purchases experienced worse growth rates in another
Tomato Paste Price
The price of tomato paste depends on the Brix
First, you must learn the exact analysis of the tomato paste market in the target country
Here in this paragraph, we will talk about the precise information on the analysis market of tomato paste
Tomato puree is made from tomatoes that have been ground, crushed, and mixed with a soft, creamy paste or thick liquid
Tomato puree is categorized as organic and conventional puree
Organic tomato paste does not contain synthetic additives such as pesticides, chemical fertilizers, and dyes
It cannot be processed with industrial solvents, irradiation, or genetic engineering
Its content must be 95% organic
Typical pure tomato products are those products that have been processed with other food additives or mixed with different suitable mixtures to form a product prepared according to good manufacturing practices (GMP guidelines)
Market analysis shows that traditional puree is more common in the market
However, the organic tomato paste market is expected to strengthen in the coming years
As people become more health conscious over time, the demand for organic products is expected to increase
According to market forecasts, the organic tomato segment is expected to witness an exceptional growth rate of 8
4% during the forecast period
Traditional tomato paste has an even larger market size and is expected to reach over US$ 5,800 million by the end of 2025
Earlier, tomatoes were considered exotic products
But now, their easy availability is fueling the demand for tomatoes and their use in various other products
Consumers have become accustomed to tomatoes’ taste and aroma; other tomato products have also gained popularity
In addition to grocers, many food chain owners infuse tomato paste into their recipes, such as salads and drinks, with other traditional vegetable ingredients
Moreover, considering the wide range of applications of tomato paste in commercial foods and snacks, this is an additional factor in promoting the growth of the tomato paste market
The tomato craze also fueled the use of tomato paste in many different products
Many soup makers mix tomato puree with vegetable soups because of the natural sweetness and tangy taste of tomato puree
Carrot soup is widely consumed in the United States
Given the demand for tomato paste from the carrot juice industry alone, the need for tomato paste in the US is likely to increase
Tomato exports have risen significantly in recent years
To meet consumer demand for tomato-flavored products, sales of tomato-based ingredients such as purees and concentrates have increased
European climatic conditions are not favorable for growing tomatoes
Even though Spain’s climate is not suitable for growing tomatoes, Spain probably has the most extensive tomato plantations in Europe
However, Europe depends heavily on tomatoes imported from Asian countries such as India and China and Middle Eastern countries such as Turkey
Imports are higher than European exports of tomatoes and various products (pure and concentrated)
Producers may hesitate to produce tomato paste due to increased import costs
The United States heavily depends on tomato imports from markets such as Mexico
Despite the high demand and popularity of the product, cost issues may hinder the trade and growth of the tomato paste market
The United States itself is not a large producer of tomatoes
Therefore the economic situation may reduce the demand for tomatoes, leading to a decrease or prolonged growth of the tomato paste market for an important region such as the United States
