Tomato Price Trend and Forecast

Regional Price trend

Get the latest insights on price movement and trend analysis of Tomato in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Tomato Price trend for the First Half of 2023

The prices of tomatoes inclined throughout the first and second quarter of 2023 as heavy rains and even flood-like situations in certain parts of the world depleted the inventories due to a significant decline in the rates of production. In the UK, the rate of high-price imports surged to around 95% as its major suppliers, such as Spain, Morocco, and the Netherlands, suffered from adverse weather conditions and consistently rising costs of energy production. These constraints in production ultimately led to delays in shipping, raising the prices of tomatoes worldwide.

Tomato Price Chart

Tomato Price Trends and Forecast

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In the Asia-Pacific region, due to the extreme rise in the prices of tomatoes, the government, especially in India, took some major steps, such as procuring the crop from the states that have surplus stocks and distributing them in the regions where the hike in the price trend was most significant.

Analyst Insight

According to Procurement Resources, the price of Tomatoes is estimated to showcase a fluctuating trajectory as the supply chains of tomatoes are expected to improve in the upcoming months.

Procurement Resource provides latest prices of Tomato. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

Tomatoes are edible fruits belonging to Solanum genus and are used as a staple ingredient around the globe because of its sweet taste, acidic flavor and versatile nature. They are also rich in vitamins, minerals, and antioxidants and therefore enhance the nutritional profile of various dishes ranging from salads to soups, pizzas, pastas and is also widely employed in the processed food industries.

Product Details

Report Features Details
Product Name Tomatoes
Industrial Uses Juice and beverages, Food additives, Textiles, Pharmaceuticals, Food processing
HS Code 0702
Supplier Database Ontario processing vegetable growers, CASALASCO- SOCIETA AGRICOLA S.p.A., Tomato Growers Supply Company, Sahyadri Farma Post Harvest Care Ltd, PACIFIC RIM PRODUCE, West Coast Tomato LLC
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


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Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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