Brazil: Tomato prices soar in 2023

Fresh Tomato
Sustainability & Environmental Impact
Market & Price Trends
Published Dec 6, 2023

Tridge summary

The price of tomatoes in Brazil has increased by 40.5% in the last year due to extreme heat, resulting in lower production and inflated prices. This has raised concerns for consumers as tomatoes are an essential component in Brazilian salads. Other staple foods like beans, potatoes, onions, and olive oil have also experienced notable price increases, raising questions about the purchasing capacity of Brazilians and the need for innovative approaches to ensure a better quality of life.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

The food landscape in Brazil is facing significant challenges, with the price of tomatoes reaching an alarming rise of 40.5% in the last 12 months. This drastic increase is attributed to extreme heat, resulting in lower production and inflated prices. Tomatoes, an essential component in Brazilian salads, now worry consumers amid turbulent market dynamics. According to hortifruti Brasil magazine, the unseasonal heat had a negative impact on the colder seasons of 2023, harming tomato planting. Hope now lies in the arrival of autumn and winter next year, which are expected to favor planting and provide stabilization in prices. Despite the significant increase in the price of tomatoes, IBGE data reveal that average consumption in Brazil is 4.2 kg per person per year. Over the last two decades, production has remained relatively stable, although there has been a reduction in the planted area, indicating an increase in productivity over the years. However, Brazil still faces ...
Source: Agrolink
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