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Dutch tomato prices out of slump
Prices of Dutch tomatoes increased somewhat in July, but continue to remain exceptionally low for the time of year, according to figures from the European Union.
According to the European Union, prices were 47 euro per 100 kilograms on average in July. That’s 10 euro less than the five-year average. During the record year of 2015, 65 euro was paid for 100 kilograms of tomatoes.
During the illuminated season, Dutch tomatoes sold for remarkably good prices. The absence of competitors even resulted in record prices in March and April. However, at the start of the season without illumination, and thanks to the return of competition on the market, the prices dropped to 45 euro per 100 kilograms in May, far below the five-year average of 67 euro.
In week 21, an absolute low point of 28.9 euro/100 kilograms was reached. Price levels also remained at a minimum in June, and despite a recovery, July hasn’t been great either.