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09-07-2024
In 2022, global tofu exports amounted to US$1.4 billion.
Tofu, also known as bean curd, is a cheese-like food made by pressing curds of coagulated soy milk into solid white blocks. This textured food product is made from curdled soybean milk.
Since 2018, the overall sales of exported tofu have increased by an average of 4.6%, up from $1.34 billion in 2018. However, year-over-year, the value of globally exported tofu saw a slight decline of 0.3%, dropping from $1.41 billion in 2021 to $1.4 billion in 2022.
The top 5 tofu-exporting countries—United States, Italy, Bolivia, Serbia, and Ethiopia—accounted for 92.8% of international tofu sales in 2022, indicating a highly concentrated group of global suppliers.
In 2022, North American countries led in tofu export value, with shipments worth $1.09 billion, representing 77.6% of the global total. European exporters came in second with 14.5%. Smaller contributions came from Latin America (3.6%, excluding Mexico but including the Caribbean), Africa (2.7%), Asia (1.2%), and Oceania (0.4%, only including Australia and New Zealand).
Besides total export sales, this report also highlights countries with the lowest and highest unit prices per ton of exported tofu, along with the largest exporters by shipment weight. The 6-digit Harmonized Tariff System code for soybean flour and meal, key ingredients for making tofu with boiling water, is 120810.
Leading Tofu Exporters by Country
Below are the 15 major suppliers of exported tofu, ranked by total sales per country:
1. United States: $1.1 billion (77.1% of total tofu exports)
2. Italy: $120.8 million (8.6%)
3. Bolivia: $48.4 million (3.5%)
4. Serbia: $27.9 million (2%)
5. Ethiopia: $23.5 million (1.7%)
6. Austria: $17.1 million (1.2%)
7. India: $10.6 million (0.8%)
8. Netherlands: $9.2 million (0.7%)
9. Portugal: $8.5 million (0.6%)
10. Canada: $7.4 million (0.5%)
11. Togo: $7.3 million (0.5%)
12. Belgium: $5.1 million (0.4%)
13. Australia: $5 million (0.4%)
14. South Africa: $4.1 million (0.3%)
15. China: $2.6 million (0.2%)
These 15 countries collectively accounted for 98.3% of all tofu exports in 2022. Among the top exporters, the fastest-growing since 2021 were Canada (up 202.9%), Italy (up 74.8%), South Africa (up 63.4%), and Togo (up 52.4%). Conversely, the Netherlands (down 37.8%), Portugal (down 27.6%), India (down 21.1%), United States (down 5.5%), and Serbia (down 3%) saw declines in their tofu export sales.
Leading Tofu Exporters by Shipment Weight
In 2022, the total weight of key tofu ingredients exported was 2.4 million tons, reflecting an 18.2% decrease from 2021.
The top 15 exporters by shipment weight are as follows:
1. United States: 2,110,955 tons (down 16.8% from 2021)
2. Bolivia: 102,067 tons (up 10.7%)
3. Ethiopia: 28,354 tons (up 5.1%)
4. Serbia: 24,640 tons (down 19%)
5. Honduras: 18,676 tons (2021 data unavailable)
6. Togo: 17,743 tons (up 48.5%)
7. Portugal: 13,986 tons (down 43.2%)
8. Austria: 13,936 tons (down 6.7%)
9. Netherlands: 12,494 tons (down 42.6%)
10. India: 10,193 tons (down 26.3%)
11. Belgium: 7,782 tons (down 6.4%)
12. South Africa: 6,208 tons (up 55.5%)
13. Australia: 5,986 tons (up 28.7%)
14. Canada: 5,143 tons (up 79.4%)
15. United Kingdom: 4,809 tons (up 26.1%)
By weight, the United States' tofu shipments were almost eight times greater than the combined total of the other 14 competitors listed above. The most significant increases in shipment weight were recorded by Canada (up 79.4% from 2021), South Africa (up 55.5%), Togo (up 48.5%), and Australia (up 28.7%). The steepest declines were seen in Portugal (down 43.2%), the Netherlands (down 42.6%), and India (down 26.3%).
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