In 2023, Italy led the European market for concentrated tomato puree and paste, contributing 39.02% of the total value, marking a year-on-year increase of 10.42%. Spain followed with a 26.86% share, experiencing a modest growth of 2.06%. Portugal held a 20.6% share with a 3.36% rise, while Greece and France saw declines, at -9.37% and -7.58% respectively. Notably, countries like Hungary and Romania registered slight increases.
The Compound Annual Growth Rate (CAGR) over the last five years reveals Italy as the key driver of market expansion, whereas Greece and France's shares have dwindled.
Looking ahead, future trends to monitor include Italy's continued dominance and technological advancements in production efficiency. Additionally, the impact of climate change on tomato yield in Europe and potential shifts in competitive dynamics among producing nations are critical factors.
Top countries in Sold Production of Concentrated Tomato Puree and Paste Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.02 | 2023 | +2.74% | +10.42% | View data |
| 2 | 2 Spain | 26.86 | 2023 | +2.08% | +2.06% | View data |
| 3 | 3 Portugal | 20.6 | 2023 | +2.38% | +3.36% | View data |
| 4 | 4 Greece | 2.49 | 2023 | -13.44% | -9.37% | View data |
| 5 | 5 Poland | 2.37 | 2023 | -4.24% | -4.51% | View data |
| 6 | 6 Romania | 1.84 | 2023 | +1.96% | +1.42% | View data |
| 7 | 7 Hungary | 1.5 | 2023 | +3.04% | +2.48% | View data |
| 8 | 8 France | 0.97 | 2023 | +4.1% | -7.58% | View data |
| 9 | 9 Croatia | 0.52 | 2023 | +1.43% | +0.93% | View data |
| 10 | 10 Bulgaria | 0.49 | 2023 | +3.51% | -0.21% | View data |