Don't take tension: Tomato prices will fall further, 22 percent reduction in a month

New Delhi : The rising prices of potatoes, onions and tomatoes in the country spoil the budget of every category of consumer. These three are used every day in the kitchen of every house. Regarding this, the Consumer Affairs Department said in a release on Sunday that due to better supply, retail prices of tomatoes have seen a decline of more than 22 percent in a month. It may reduce further in the coming days.

The all-India average retail price on November 14, 2024 was Rs 52.35 per kg, down 22.4 per cent from Rs 67.50 per kg on October 14, 2024. During the same period, model prices in Azadpur mandi declined by nearly 50 per cent from Rs 5,883 per quintal to Rs 2,969 per quintal with increase in arrivals of tomatoes. Similar decline in mandi prices has also been reported from benchmark markets like Pimpalgaon, Madanapalle and Kolar.

According to the third advance estimate of the Agriculture Department, the total annual production of tomato in 2023-24 is 213.20 lakh tonnes; Which is 4 percent more than 204.25 lakh tonnes in 2022-23. Although tomatoes are produced throughout the year, there is seasonal variation in growing areas and production quantities.

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Adverse weather conditions and minor logistics disruptions have a significant impact on prices due to the high sensitivity of the tomato crop and high probability of early spoilage of the fruits, the release said. The surge in tomato prices during October 2024 was due to excessive and prolonged rains in Andhra Pradesh and Karnataka.

The general seasonal variation in tomato production in different regions of India revealed that October and November are the main sowing periods in the major producing states. However, short period of cultivation of the crop and multiple harvesting of fruits ensures continuous availability of tomatoes in the market.

Although arrivals at major tomato hubs of Madanappal and Kolar have declined, prices have eased due to seasonal arrivals from states like Maharashtra, Madhya Pradesh and Gujarat, which are making up for the supply shortfall across the country. To date, the weather has also been favorable for the crop and has also helped maintain good flow in the supply chain from farms to consumers.

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