The import of tomato ketchup and other tomato sauces to the US is forecasted to decline steadily from 2024 to 2028, with values dropping from approximately $48.9 million in 2024 to $46.6 million in 2028. In 2023, the actual import value stood at around $49 million. The year-on-year percentage decrease from 2024 to 2025 is about 1.23%, continuing a negative trend with similar percentage decreases in subsequent years. Over the five-year forecast period, the average Compound Annual Growth Rate (CAGR) signals a consistent decline.
Future trends to watch for:
- Potential changes in consumer preferences for locally sourced or organic products.
- Fluctuations in global supply chains that might affect import costs.
- Regulatory changes impacting trade dynamics between the US and tomato exporting countries.
