Weekly Product Updates

W29: Tomato Update

Fresh Tomato
Published Jul 26, 2023

In W29 in the tomato landscape, the European Commission reports that the European Union (EU) is anticipating a stable production of fresh tomatoes for the 2023 season. However, imports from Morocco and Turkey are increasing, while the EU's exports to regions such as the United Kingdom (UK), Asia, and North America are further declining. Furthermore, Dutch tomatoes experienced a shortage as horticulturists stopped working in the Netherlands, and Spain's supply couldn't compensate for the deficit. As a result, Morocco and Turkey gained market share in tomato exports. The EU lobby is opposing further exports amid the supply challenges. Despite a slight decrease in consumption last year, Dutch tomatoes still have strong demand and are not easily replaced by other countries' produce on the market.

The Indian Food Authority reported on July 16 that the retail price of tomatoes in New Delhi reached USD 2.2/kg, a 700% increase from the start of 2023. The surge is mainly due to heavy rains disrupting the supply chain and affecting consumer concerns. As tomatoes are essential in Indian dishes, many households temporarily reduced their consumption. However, tomato growers in India are pleased with the price increase. However, the Indian government anticipates a decline in retail prices due to an increased supply of new tomato crops from Maharashtra and Madhya Pradesh. These prices are affected by factors like seasonality, white fly disease, and logistics issues from heavy rain. Additionally, Ghana faces tomato shortages due to the conflict in Burkina Faso and challenges for Northern farmers. However, there is hope for improvement as investors plan to invest in the tomato industry, which is expected to boost production in the country.

In Russia, authorities discovered the quarantine pest Tuta absoluta in a 16-ton tomato batch from Azerbaijan. A laboratory examination confirmed the presence of the pest. Additionally, the annual quota for Turkish tomato purchases was raised from 350 thousand metric tons (mt) to 500 thousand mt due to price increases in Russia since March. The increased quota was announced after a meeting between President Erdogan and President Putin but has yet to be implemented. Lastly, from July 17 to 21, tomato sales prices dropped in wholesale markets monitored by Hortifruti/Cepea due to increased volume in tutored tomato crops and creeping tomatoes entering the Brazilian market. In addition, there is a lower demand for tomatoes due to the lower consumption at the end of the month, and colder weather led to a 19.55% decrease in wholesale prices for the 3A long-life salad tomato in São Paulo, Belo Horizonte, Campinas, and Rio de Janeiro. The price dropped by 29.59% in Belo Horizonte, 22.72% in Campinas, and 19.55% in Rio de Janeiro.

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