India: Tomato Market 2024

Tomato Market Size in India

The Indian tomato market was estimated at $X in 2023, approximately mirroring the previous year. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level of $X. From 2018 to 2023, the growth of the market remained at a lower figure.

Tomato Production in India

In value terms, tomato production dropped slightly to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2018 to 2023, production growth failed to regain momentum.

The average yield of tomatoes in India was estimated at X tons per ha in 2023, standing approx. at the year before. The yield figure increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2016 with an increase of X%. The tomato yield peaked at X tons per ha in 2017; however, from 2018 to 2023, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2023, the total area harvested in terms of tomatoes production in India was estimated at X ha, almost unchanged from the year before. In general, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X%. The tomato harvested area peaked at X ha in 2012; however, from 2013 to 2023, the harvested area failed to regain momentum.

Tomato Exports

Exports from India

In 2023, overseas shipments of tomatoes were finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Overall, exports, however, recorded a perceptible slump. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at X tons in 2014; however, from 2015 to 2023, the exports remained at a lower figure.

In value terms, tomato exports soared to $X in 2023. Over the period under review, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2023, the exports failed to regain momentum.

Exports by Country

Bangladesh (X tons), Nepal (X tons) and the United Arab Emirates (X tons) were the main destinations of tomato exports from India, together accounting for X% of total exports. Bhutan, Qatar, Maldives and Oman lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Bhutan (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Bangladesh ($X) remains the key foreign market for tomatoes exports from India, comprising X% of total exports. The second position in the ranking was taken by Nepal ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Bangladesh amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nepal (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2023, the average tomato export price amounted to $X per ton, falling by X% against the previous year. In general, the export price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2023, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Maldives ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bhutan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Tomato Imports

Imports into India

In 2023, approx. X tons of tomatoes were imported into India; declining by X% on the year before. Over the period under review, imports faced a sharp downturn. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, tomato imports declined remarkably to $X in 2023. Overall, imports saw a precipitous slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Brazil (X tons) was the main supplier of tomato to India, accounting for a approx. X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of volume from Brazil amounted to X%.

In value terms, Brazil ($X) constituted the largest supplier of tomatoes to India.

From 2012 to 2023, the average annual rate of growth in terms of value from Brazil totaled X%.

Import Prices by Country

The average tomato import price stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2023, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Brazil.

From 2012 to 2023, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

Source: IndexBox Platform