Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

European tomato market's severe November dip continues in December

It is common for European tomato prices to fall in November. There are usually overlaps during the switch from local crops to imports, which depresses prices. This year, however, that price dip was far more severe than normal. And thus, the tomato market's more extreme peaks and troughs continue. A development that started in the summer of 2021.


Click here to enlarge.

Across the board, according to the European Commission's tomato dashboard, a kilo of tomatoes costs €1.49 in the European Union. That price is at a five-year maximum and above the five-year average.


Click here to enlarge.

That is the case in three of the four countries on that board, with only Spain dipping below that five-year average.


Click here to enlarge.

From October to November, prices in all the markets decreased. That is not unusual in Spain and the Netherlands, but it happened in Italy and France this year too.


Click here to enlarge.

On the contrary, both those countries had seen their prices climb in recent years. In France by 18% and by 13% in Italy. 


Click here to enlarge.

Average kilo prices in France and Italy are still well above the European average, though. People in those countries have to pay €2 more per kg of tomatoes. In the Netherlands, a kilogram costs €1.16, and in Spain, €0.89. 

December prices lagging too
The tomato market's first weeks of December can also be considered difficult, perhaps even bad. Some Dutch and Belgian tomato growers had a fall crop and had hoped to benefit from lower supplies of tomatoes grown under lights counting on slightly higher kilogram prices. Given the summer's market noises, the Spaniards, meanwhile, were surprised that Northwest European tomato supplies remained as high as they did for as long as they did.

Belgium is not included on the EC tomato dashboard. However, the graph below shows that, in November, tomato prices fell below the five-year average and stayed there. The Belgian Horticulture Cooperative Association (VBT) supplied these figures.


VBT figures up to week 50 from the Flemish Department of Agriculture and Fisheries' agricultural figures.  

Even less local supply in January
As with the fall tomato crop, lower supplies are expected in January, dropping even lower in February. Despite increased tomato acreage in Spain, tomato cultivation in Morocco, and tomatoes from countries like Turkey, prices are set to rise. Here, the fact that it is usually hard to get good quality TOVs to northwestern Europe, given the distances, also plays a role. Those tomatoes could become particularly scarce later this winter.