Tomato prices in EU continue to rise faster than "normal" in the autumn

Published 2022년 11월 17일

Tridge summary

The European Commission's tomato dashboard has reported record-breaking prices for tomatoes in October, surpassing the five-year average and previous peak prices. The Netherlands experienced the highest price increase compared to the past five years. However, the average price per kilo in both the Netherlands and Spain is below the average price in the whole of Europe. Prices in Belgium fell below the five-year average for a brief period in November. The amount of lit up cultivation in Northwest Europe has decreased significantly compared to normal, while productions in Spain are higher and Morocco's production is also on the rise. It remains to be seen what the prices will be at the end of November.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Cost-wise, there are quite a few challenges on the tomato market, but price-wise the prices continue to set records. Also in October again. On average, prices across Europe were again well above the five-year average and the peak price of the past five years was also well exceeded. The Netherlands recorded the largest peak, although the kilo price, as usual, still cannot match that in other countries. All this is evident from a new update of the European Commission's tomato dashboard. Changeover Compared to September, prices continued to rise sharply. A price increase in the autumn is not unusual if volumes in Northwest Europe are decreasing and production in the south is not yet able to compensate for everything. This year the situation is even more extreme, because growers are sometimes forced to stop growing in the greenhouse in Northwest Europe earlier due to high energy prices. In Spain, the area has increased (percentages around 15% more plantings are mentioned). Fastest ...
Source: AGF

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