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Comparison of monthly exports of tomato paste (HS code 200290) over past two years, comparison with the previous three marketing years (December-November periods)
Once again in November, global export quantities (378,000 t) were the highest on record.
The latest available data on global exports over the full marketing year (December 2022 – November 2023) show that the pace of trade remains at a higher level (+3.9%) than that of the previous period. This increase brings the total global exports recorded over a period of twelve months at 3.760 million metric tonnes (t), the highest level ever over a 12-month period.
With a total quantity of slightly less than 3.451 million t of tomato paste exported over the period December 2022 – November 2023, TOP10 annual exports of tomato paste were higher (2.1%, around 69,500 t) than in the previous twelve months (December 2021 – November 2022).
Due to the significant activity recorded particularly in China, Iran and USA, the twelve-month activity level of TOP10 exporting countries is also higher by 172,800 t (5.3%) compared to the same period of the previous three years. TOP10 trade activity now stands at higher levels (close to 14%) than in the three years prior to the Covid pandemic.
Export quantities in November 2023 constitute the best monthly performance of all time
The ten countries presented accounted for 94.5% of the sector’s total exports on average over the last five years, with the remaining 5.5% distributed over approximately 80 countries.
For each of the ten countries (China, Italy, Spain, USA, Portugal, Chile, Turkey, Greece, and Iran) that play a significant role in international trade, Tomato News presents a comparison of the monthly performances for exports of tomato paste over past two years. For greater clarity, the histograms present (blue dotted lines) the curve of the average activity of the same months of the three previous marketing years.
This situation makes it possible to follow the evolution of national export dynamics and to compare recent performances with those of equivalent periods of the previous year. These elements of international trade also give a better understanding of the quantities on which the average values presented in our articles on tomato paste prices were constructed.
Sources: Trade Data Monitor LLC, professional sources
