Tomato prices fell by 22% in one month- Center

New Delhi New Delhi: Due to improved supply chain, retail prices of tomatoes have declined by over 22% in just a month, according to a statement issued by the Department of Consumer Affairs on Sunday. As of November 14, the average retail price of tomatoes across the country was ₹52.35 per kg, while it was ₹67.50 per kg on October 14. Major wholesale markets witnessed an even steeper decline. For instance, prices at Delhi’s Azadpur mandi fell by nearly 50%, from ₹5,883 per quintal in October to ₹2,969 per quintal this month, due to increased arrivals. Similar trends were observed at other major markets such as Pimpalgaon, Madanapalle and Kolar.

The recent fall in prices is attributed to smooth supply chain and increased arrivals from tomato producing regions in Maharashtra, Madhya Pradesh and Gujarat. Favourable weather conditions have also helped restore supply flows, easing disruptions caused by heavy rains in Andhra Pradesh and Karnataka earlier this year.The months of October and November are crucial for planting in key tomato producing states, but better weather and improved logistics have stabilised supplies, providing much-needed relief to consumers.

The agriculture department has projected a robust production of 213.20 lakh tonnes of tomatoes for 2023-24, marking a 4% increase from the previous year’s 204.25 lakh tonnes. 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 recorded a 161% year-on-year increase in tomato prices. In addition, prices of other essential vegetables such as potatoes and onions have also seen a sharp increase of 65% and 52% year-on-year, respectively.