Tomatoes Prices, Trends & Forecasts | Provided by Procurement Resource
Throughout the first and second quarters of 2023, tomato prices surged globally, driven by adverse weather conditions. Heavy rains and flooding in various regions disrupted production and depleted inventories. In the UK, high-price imports rose significantly to 95% as key suppliers like Spain, Morocco, and the Netherlands faced weather-related challenges and increased energy production costs. Request for Real-Time Tomatoes Prices: https://www.procurementresource.com/resource-center/tomato-price-trends/pricerequest These production constraints also led to shipping delays, contributing to the worldwide tomato price increase. In the Asia Pacific, governments, notably in India, took measures to address rising prices by procuring surplus stocks from certain states and distributing them to regions most affected by the price hikes. Definition Tomatoes are red or yellowish fruits known for their culinary versatility and rich nutritional value. Botanically classified as berries, they belo...