Reduced demand for tomatoes led to lower prices in the Russian market


Reduced demand for tomatoes led to lower prices in the Russian market

04/04/2020

Pressure on prices was exerted by the presence on the Russian market of cheaper imported tomatoes made in Morocco

According to daily monitoring of the APK-Inform: Vegetables and Fruits project, tomato prices in Russia have fallen by an average of 11% since the beginning of the week. The initiators of the price reduction were importers, who were forced to sharply lower prices for Moroccan tomato, since the quality of these products began to deteriorate rapidly in wholesale warehouses.

Representatives of Russian greenhouse plants also noted a complete lack of demand for their products, while the supply of tomato from local households increased markedly. Also, pressure on prices was exerted by the presence on the market of cheaper imported tomatoes made in Morocco.

See also: In Russia, sales of greenhouse cucumber fell

Under the circumstances, manufacturers were forced to revise prices again downward. So, today the main sales of local tomato are in the range of 90-130 rubles / kg ($ 1.14-1.65 / kg), which is on average 11% cheaper than at the end of the last working week.

New deliveries of imported tomatoes produced in Morocco and Turkey were small, due to supply disruptions due to the global coronavirus pandemic. But at the same time, most traders tried to sell off the available stocks of tomatoes, the quality of which was rapidly deteriorating. And at the moment, the cost of imported tomato, as a rule, does not exceed 70 rubles / kg ($ 0.89 / kg), which is on average 30% cheaper than a week earlier.

It is worth noting that today the cost of local tomatoes on the Russian market is already on average 31% lower than at the beginning of April 2019.

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