This report provides an expert analysis of tomato prices based on the latest data available, courtesy of husfarm.com. Below is a detailed breakdown of prices from different global regions, highlighting the significant variations influenced by country-specific factors such as seasonality, production methods, and market demand. The data analyzed spans two periods: early September (2024-09-02) and mid-to-late September (2024-09-16 to 2024-09-22).
Overview of Price Trends
The tomato market in September 2024 has demonstrated notable volatility, with prices varying widely across regions. The following are the highlights of the data extracted from the two key periods:
- Early September 2024:
- Brazil: For larger quantities of tomatoes (cx. 25 to 28 kg, classified as second quality), prices ranged between BRL 15.00 to BRL 20.00. These prices reflect competitive wholesale rates for bulk orders, with quality playing a significant role in the pricing structure.
- China: Standard tomatoes, sold in 1 kg increments, were priced between CNY 4.20 and CNY 6.40. This price range is typical for consumer-level transactions in local markets, showing relatively stable market conditions.
- Colombia: For bulk tomatoes (25 kg), prices were marked at COP 50,000 to COP 60,000. These prices indicate an active demand for high-volume purchases in this region, likely driven by local production constraints or export demand.
- Czechia: The price of oval tomatoes in this region stood at a stable CZK 64.90 per kilogram. This reflects steady market demand with limited fluctuations, suggesting a balanced supply in this market.
- Spain: Organic variety tomatoes (O.V.) in Spain showed a price range of EUR 1.04 to EUR 2.40 per kilogram. The variability in price could be attributed to factors like organic certifications, specific growing conditions, and retailer premiums.
- Mid-to-Late September 2024:
- China: Tomatoes continued to be priced at CNY 9.40 to CNY 9.80 per kilogram by the end of September. This represents a slight increase from the earlier period, possibly due to seasonal shifts in availability or heightened market demand.
- Pakistan: Wholesale tomato prices, recorded in 100 kg increments, reached between PKR 8,075 and PKR 8,330. This surge in price reflects the high demand for tomatoes in large quantities, particularly in urban areas where supply chains may be constrained.
- Sri Lanka: Tomato prices remained static at INR 150 per kilogram. The stable prices in this region suggest consistent supply levels with no major disruptions affecting market dynamics.
Insights and Market Factors
Several factors are currently shaping the global tomato market:
- Seasonality: Prices in regions like Spain and China appear to be influenced by the seasonality of production. As the summer growing season comes to an end, there is a gradual rise in prices, driven by reduced supply and increased post-harvest costs.
- Bulk vs. Retail Markets: Wholesale prices, especially in regions like Pakistan and Colombia, show significant fluctuations compared to retail prices. This is reflective of larger market forces at play, including export demands and the rising cost of transportation.
- Regional Variability: The price of tomatoes varies greatly depending on the country. For example, Brazilian bulk tomatoes are priced in a much lower range than those found in European countries like Spain or the Czech Republic. This can be attributed to differences in production costs, supply chain efficiency, and market access.
Price Comparison Between Early and Late September
When comparing the two datasets:
- China experienced a slight increase in prices, moving from an early September range of CNY 4.20 to CNY 6.40 to a late September range of CNY 9.40 to CNY 9.80. This likely reflects both increased local demand and potential reductions in supply as the harvest season progresses.
- Pakistan maintained relatively stable prices in both early and late September, showing consistency in its large-scale pricing of PKR 8,075 to PKR 8,330 per 100 kg.
- Sri Lanka’s pricing for tomatoes remained consistent at INR 150 per kilogram, indicating stable market conditions unaffected by external pressures.
Conclusion
As we move into October, the global tomato market is expected to experience continued fluctuations, particularly in regions that are more dependent on imports or have less favorable growing conditions. Producers and distributors should pay close attention to these market shifts, as price volatility may present both challenges and opportunities depending on the region.
For more detailed, up-to-date market data, visit husfarm.com, where you can access a comprehensive list of agricultural prices and trends.
This report aims to provide insights that can help producers, wholesalers, and retailers make informed decisions based on the current trends in the tomato market.
