Analysis of the Major Tomato Paste Importing Countries in the World in 2024

Analysis of the Major Tomato Paste Importing Countries in the World in 2024

Analysis of the Major Tomato Paste Importing Countries in the World in 2024

Based on the data shown in the pictures, the following analysis can be conducted on the changes in import volumes and future trends of the seven major countries importing tomato paste:

1. France (French Imports)

   • Changes:
     • In the current marketing year (MY), the import volume has increased by 9.3% compared to the previous year and by 5% compared to the average level of the previous three years.
     • The total volume has grown from 123,667 tons in the previous year to 124,028 tons currently.
   • Trend:
     • France's import demand is increasing year by year and may continue to show a slight upward trend in the future, reflecting a stable market demand.

2. Germany (German Imports)

   • Changes:
     • In the current marketing year, the import volume has decreased by 8.9%, and by 13% compared to the average of the previous three years.
     • The total volume has dropped from 302,819 tons in the previous year to 276,392 tons currently.
   • Trend:
     • The German market may be affected by supply and demand pressures or imported substitute products, and the import volume may decline further in the future.

3. Japan (Japanese Imports)

   • Changes:
     • In the current marketing year, the import volume has increased by 7% and by 6% compared to the average of the previous three years.
     • The total volume has risen from 137,189 tons in the previous year to 137,353 tons currently.
   • Trend:
     • Japan's import volume maintains a moderate growth and is expected to continue to increase slightly in the future, indicating a continuous market demand for tomato paste.

4. Netherlands (Dutch Imports)

   • Changes:
     • In the current marketing year, the import volume has decreased by 8% and by 16% compared to the average of the previous three years.
     • The total volume has fallen from 144,893 tons in the previous year to 133,204 tons currently.
   • Trend:
     • The significant decline in the import volume indicates that there may be changes in export processing or domestic consumption in the Netherlands. Future market fluctuations need to be paid attention to.

5. Poland (Polish Imports)

   • Changes:
     • In the current marketing year, the import volume has decreased by 2% and by 11% compared to the average of the previous three years.
     • The total volume has dropped from 99,944 tons in the previous year to 97,759 tons currently.
   • Trend:
     • Poland's import volume shows a downward trend, which may reflect fierce market competition and weakened consumer demand.

6. United Kingdom (British Imports)

   • Changes:
     • In the current marketing year, the import volume has slightly decreased by 0.4%, but has increased by 6% compared to the average of the previous three years.
     • The total volume has decreased from 207,468 tons in the previous year to 206,562 tons currently.
   • Trend:
     • The UK market is basically stable and may maintain the current level in the future or make slight adjustments with economic fluctuations.

7. Saudi Arabia (Saudi Arabian Imports)

   • Changes:
     • In the current marketing year, the import volume has increased by 39% and by 20% compared to the average of the previous three years.
     • The total volume has grown from 91,414 tons in the previous year to 118,267 tons currently.
   • Trend:
     • The Saudi market has witnessed significant growth and has great potential to continue expanding its import volume in the future, which may be driven by population growth and increased demand.

Summary and Future Forecast

• Among the major importing countries, France, Japan and Saudi Arabia have shown an increase in import volumes. Especially Saudi Arabia has the fastest growth and is worthy of attention in the future.
• The import volumes of Germany, the Netherlands and Poland have decreased significantly, which may be caused by internal production, substitute products or economic factors.
• The UK market is relatively stable, and the import volume remains at a relatively high level.
• In the future, the global economic environment, fluctuations in tomato paste prices, and the relationship between supply and demand will be important factors affecting the import trends of these countries.