Canned & Tomatoes supplement now available to download
IEG Vu's new Market Review shines a light on canned tomatoes, peaches, tuna and more
Trade disputes between major markets, new trade agreements, and more traditional factors such as the weather are all expected to have a significant impact on the canned food and tomato product market in the coming years.
With the United States-China trade war showing no sign of abating, the Italian canned tomato industry is eyeing up new opportunities in the Americas.
Exporters hope to steal Chinese market share in the North as well as making the most of the potential market opening in the South brought about by the recently agreed EU-Mercosur trade accord.
South Africa and Greece have also seen the potential for new canned peach sales to the USA at the expense of China.
Meanwhile, a shortage of pineapple raw material in Thailand has put a halt to canning operations there, putting a strain on the profitability of the sector, while a decision on whether to extend the long-running EU anti-dumping duties applied to canned sweet corn from the Asian country is expected to be wrapped up later this year.
It has also been an eventful few months for the canned tuna sector globally, with skipjack prices in the key hubs of Bangkok and Manta dropping to historic lows in June, while rival suppliers are making inroads.