On-the-Ground Updates

Tomato paste opening prices 16% higher than last year

Tomato Paste and Puree

Italy

Market & Price Trends

Tuba Coskun

Published Nov 3, 2021

Italy announced opening prices of tomato paste 16% higher than last year due to the ongoing supply crisis since 2020. As of Oct21, Italy's price for 28/30 bx. tomato paste is about $1.025/mt FOB whereas Turkey's price range for 28/30bx. tomato paste is USD 980-990 per MT FOB. However, Turkish manufacturers are now working with full capacity and already sold most of their stocks, so the remaining stock will be offered at higher prices.

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