Tomato juice market in South America

Earlier Report Observations

The South American unfermented tomato juice market volume fluctuated between 859 thousand liters in 2018 and 625 thousand liters in 2023. After a slight contraction to 837 thousand liters in 2019, consumption rose to 887 thousand liters in 2020. A sharp drop followed in 2021, reducing the market to 696 thousand liters.

The partial recovery to 744 thousand liters in 2022 was primarily driven by increasing consumer demand for natural and healthy beverages, with tomato juice valued for its lycopene content and lack of preservatives. This demand trend supported market volume despite variable production conditions. Concurrently, changes in the processing landscape, such as Olam International's partial divestment of a tomato processing facility, signaled a realignment within the regional supply base.

Market volume fell again to 625 thousand liters in 2023. In the following period, export activity from Brazil intensified, with the state of Goiás achieving record tomato juice shipments in early 2024, underscoring the product's growing role in international trade.

Production tomato juice in South America

In kind, 2017-2020, K l

Top producers of tomato juice, 2017-2020

World map of production of tomato juice, 2017-2020

In 2020, South America produced 228.6 thousand liters of tomato juice, marking a 15.4% decrease from the previous year. Over the 2017-2020 period, production fell by 15.9%, with a compound annual growth rate of 5.6%. The most significant increase occurred in 2019, at 9.6%.

Annual dynamics of production in South America in kind, 2017-2020, K l

Exports tomato juice from South America

Exports in kind, K l

The market showed an unstable trend throughout the period. Exports reached their lowest point in 2017 and peaked in 2018, with a 70-fold difference between these years. In 2020, South America exported 19.4 thousand liters of tomato juice, remaining unchanged from the previous year. The maximum volume was recorded in 2018 at 42.0 thousand liters. The largest decline occurred in 2019, at 53.7%, while the most substantial increase was in 2018, at 6 916.8%.

Annual dynamics of product's exports from South America in kind, 2017-2020, K l

From 2017 to 2020, Japan, the United States, and Qatar were the main destinations for South America's tomato juice exports in volume terms, accounting for 41.3%, 7.9%, and 7.5% of exports, respectively. Together, they represented 56.7% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from South America in kind, 2017-2020

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Exports hit their lowest in 2017 and peaked in 2018, with a 121-fold gap between these years. In 2020, South America exported 51.7 thousand US dollars worth of tomato juice, a sharp drop of 23.7% from the year before. The maximum value was recorded in 2018 at 131.0 thousand US dollars. The largest decline occurred in 2019, at 48.3%, while the most significant increase was in 2018, at 11 984.3%.

Annual dynamics of product's exports from South America in value, 2017-2020, K $ US

Between 2017 and 2020, Japan, Turkey, and Qatar formed the primary markets for South America's tomato juice exports in value terms, with shares of 44.8%, 9.9%, and 6.4%, respectively. Combined, they accounted for 61.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from South America in value, 2017-2020

Imports tomato juice to South America

Imports in kind, K l

In 2020, South America imported 677.5 thousand liters of tomato juice, a 15.7% increase from the previous year. Over the 2017-2020 period, imports rose by 15%, with a compound annual growth rate of 4.8%. The minimum volume was recorded in 2019 at 585.7 thousand liters, which also saw the largest decline of 10.5%.

Annual dynamics of product's imports to South America in kind, 2017-2020, K l

From 2017 to 2020, Spain and the United States were the principal sources for South America's tomato juice imports in volume terms, jointly accounting for 87.0% of total flows. Other partners each held significantly smaller shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to South America in kind, 2017-2020

Imports in value, K $ US

South America's imported tomato juice volumes declined for the second consecutive year. In 2020, imports amounted to 568.8 thousand US dollars, a reduction of 12.3% compared to 2019. Over the 2017-2020 period, imports decreased by 11.1%, with a compound annual growth rate of 3.8%. The maximum value was recorded in 2018 at 717.1 thousand US dollars, which also saw the largest increase of 12.1%.

Annual dynamics of product's imports to South America in value, 2017-2020, K $ US

During 2017-2020, the two leading markets—Spain and the United States—together accounted for 85.9% of South America's tomato juice imports in value terms. The remaining volume was distributed across a wide range of other countries.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to South America in value, 2017-2020