Italy actively expands preserved tomato production and export share

IndexBox has just published a new report: ‘Italy – Preserved Tomatoes – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of the report’s key findings. Italy boosts its production and exports of preserved tomatoes. Over the past decade, the output soared from 1.3M tonnes to 2.1M tonnes. Exports also followed an upward trend, reaching $1.3B in 2020. The UK, Germany and the U.S. comprise 45% of preserved tomatoes supplied from Italy in physical terms, while Australia featured as the fastest-growing importer last year. The average export price for preserved tomatoes increased by +9.1% y-o-y to $853 per tonne in 2020. Preserved tomato production in Italy rose notably to 2.1M tonnes in 2020, surging by +13% compared with the previous year. Over the past decade, Italian preserved tomato production increased nearly twofold, from 1.3M tonnes to 2.1M tonnes. In value terms, preserved tomato production skyrocketed by +29.3% y-o-y to $1.9B in 2020, estimated at export ...