The Sharp Upward Trend for Cherry Tomatoes in the Tokyo Market Slowed Down in W6

The sharp increase in cherry tomato prices in the Tokyo market appears to be slowing down. From W4-W5, the selling price of cherry tomatoes stood at USD 4.85-6.06/kg. The Tokyo market then had relatively less supply of around 240MT each week, which was smaller by 13% than in 2022 as lower temperatures and snowy weather caused a supply drop. In W6, the price of cherry tomatoes increased to USD 5.35-5.6/kg, and the supply to the Tokyo market rose by 26% WoW. The next upward trend for cherry tomatoes' prices is not expected due to the projected increase in temperature starting in mid-February 2023.