World prices for tomatoes are falling

Published 2024년 5월 27일

Tridge summary

Global tomato markets are experiencing a downturn due to lowered consumer demand and increased supply. This trend is evident in countries like Germany, France, and Italy, where prices have dropped significantly. The decline is further exacerbated by tomato imports from Spain, Turkey, and Morocco. In France, the price drop is attributed to an oversupply and decreasing demand. The greenhouse campaign in Almería, Spain, is approaching an end, with expectations to start earlier in 2024/25. The winter tomato campaign in Almería also saw substantial price drops, largely due to Moroccan tomato imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A general trend in many markets around the world is a decrease in tomato prices. This is largely due to lower consumer demand combined with higher supply. This is stated in FreshPlaza's review of the tomato market. It is noted that even in Italy, which is known for its large consumption of tomatoes, the demand remains in place. This has caused prices to fall sharply over the past 10 days. Additional competition is created by deliveries from Spain, Turkey and Morocco. In Germany, an overabundance of tomatoes is driving prices down. A large range is available from domestic suppliers in Germany, as well as in the Netherlands, Belgium and Italy. In France, the large supply in the market is not satisfied by the demand, which tends to decrease, especially at the end of the month. This caused pressure on prices. The greenhouse campaign in Almería, Spain is nearing completion and is expected to start earlier in 2024/25. The import of tomatoes from Morocco, ...
Source: Agrotimes

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