Tomato Prices Dropped By 22% in a Month: Centre

New Delhi: Tomato retail prices have declined significantly, falling by over 22% in just a month, due to an improved supply chain, according to a statement from the Department of Consumer Affairs on Sunday. As of November 14, the average retail price of tomatoes nationwide stood at ₹52.35 per kg, compared to ₹67.50 per kg on October 14. Key wholesale markets witnessed even steeper declines. For instance, prices in Delhi’s Azadpur mandi fell nearly 50%, from ₹5,883 per quintal in October to ₹2,969 per quintal this month, driven by increased arrivals. Similar trends were observed in other major markets like Pimpalgaon, Madanapalle, and Kolar. The recent price decline is attributed to a smoother supply chain and increased arrivals from tomato-producing regions in Maharashtra, Madhya Pradesh, and Gujarat. Favourable weather conditions have also helped restore the supply flow, mitigating the disruptions caused by heavy rains in Andhra Pradesh and Karnataka earlier this year. The months of October and November are crucial for planting in major tomato-producing states, but the improved weather and enhanced logistics have stabilized supplies, providing much-needed relief to consumers. The Department of Agriculture estimates a robust tomato production of 213.20 lakh tonnes for 2023-24, reflecting a 4% increase from 204.25 lakh tonnes in the previous year. This steady growth is expected to support long-term price stability. Despite the recent price correction, tomato prices remain significantly higher than last year. A report noted a 161% year-on-year increase in tomato prices. Additionally, other essential vegetables such as potatoes and onions have also seen sharp year-on-year price hikes of 65% and 52%, respectively. The report highlighted that vegetable prices reached a 57-month high in October, rising 42% year-on-year, before easing by 4.1% in November. While the recent drop offers some respite, consumers continue to grapple with elevated prices compared to 2023 levels.

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Tomato Prices Dropped By 22% in a Month: Centre

Tomato retail prices have declined significantly, falling by over 22% in just a month, due to an improved supply chain, according to Centre.

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