The U.S. Became the Largest Exporter of Tomato Ketchup in the World, With $320.3M in 2014

Beverage Crops June 18, 2015
Author: Svetlana Sitkova
Head of Industrial Research Department

With the help of its neighboring country, Canada, the U.S. seized control of the global tomato ketchup trade. In 2014, the U.S. supplied 61.8% of its total tomato ketchup exports into Canada, accounting for 99.0% of total Canada's imports.

Globally, the tomato ketchup trade reached 1.4 billion USD, with a CAGR of 1.1% from 2007 to 2014. In physical terms, it showed steady growth, rising from 971.2 thousand tonnes in 2007 to 1008.0 thousand tonnes in 2014.

In 2014, France (15.7%), the United Kingdom (12.9%), Canada (12.0%), Germany (11.6%) and Switzerland (3.2%) were the leading destinations of tomato ketchup imports, together making up 55.4% of global imports. The shares of France, Canada and Germany increased by 4% in each, while the share of the UK illustrated negative dynamics (-3 percentage points).

The U.S. and Italy were the main global suppliers of tomato ketchup in 2014 with a combined share of 39.0% of global exports. However, the fastest growing exporters from 2007 to 2014 were China (+40.9% per year) and Egypt (+81.9% per year). The U.S. significantly strengthened its position in the global exports structure, from 14.3% in 2007 to 23.3% in 2014.

Source: World: Tomato Ketchup And Paste - Market Report. Analysis And Forecast To 2020