Tridge summary
The World Processing Tomatoes Council (WPTC) forecasts a global processed tomato volume of 41.8 million tonnes for 2023, with minor adjustments in forecasts for some countries like France and Tunisia due to water availability issues. Despite the potential for increased planting in Turkey, overall predictions remain steady. Price negotiations are underway across countries, resulting in significant increases. In the Northern Hemisphere, California's forecast and price per tonne are set, while Canada's forecast is preliminarily at 557,000 short tons. In the Southern Hemisphere, Argentina's forecast has slightly reduced due to adverse conditions, and Australia's forecast has been cut to 139,000 tonnes due to flooding and other challenges. Chile's forecast remains steady at 1.15 million tonnes, and Peru's forecast is for a total of 150,000 tonnes.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
During its board meeting held in Sacramento on 14 February, WPTC members established a preliminary forecast of 41.8 million tonnes of tomatoes to be processed globally in 2023. Reliability of WPTC early forecast over the last 10 yearsReliability of WPTC early forecast over the last 10 yearsAMITOM COUNTRIES There is no change in the forecast for most of the countries compared to the last report (see here) except for small adjustments for France to 150,000 tonnes and for Tunisia where the surface planted is now expected to be no more than 10,000 hectares and the volume to be processed reduced to 524,000 tonnes due to the reduced availability of water (reservoirs are currently at 31% of capacity. In Turkey, the forecast remains 2.35 million tonnes, but production could be higher as farmers are keen to plant. In Spain, water availability will again be an issue in Andalusia, but the situation is normal in Extremadura. The total forecast remains unchanged at 2.6 million tonnes. ...
Source: Tomatonews
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