1 (6-ounce) can tomato paste
1/4 cup honey
1/2 cup white vinegar
1/4 cup water
1 TBSP sugar
1 tsp salt
1/4 tsp onion powder
1/8 tsp garlic powder

Combine all ingredients in a medium saucepan. Mix together with a wire whisk until smooth. Bring to a boil; reduce heat and simmer 20 minutes, stirring often. Remove pan from heat and cover until cool. It will thicken as it cools.
Put into your ketchup bottle and refrigerate.

Note: This is an easy way to make ketchup without needing to chop and puree the tomatoes! 🙂