As the marketing year closes for tomato processors, growers and producers alike are taking stock of the previous year while looking forward to the next. California tomato processors harvested an estimated 889,000 tons for the week ending July 23, according to the Processing Tomato Advisory Board. In all, the year-to date harvest was set at about 1.9 million tons, behind the approximately 2.8 million tons harvested during the same period in 2015. There were also reports of curly top virus and spotted wilt virus in fields located in Fresno and Kern counties.
During the recently completed marketing year, ketchup imports declined 12% in volume and 10% in dollar value for the year ending May 31. About 3.3 million-lbs. were imported compared with about 3.7 million-lbs. in 2015. The total cost was about $2.4 million, down from about $2.7 million last year.
In comparison, exports rose 13% in volume and 5% in dollar value for the marketing ending May 31. About 315.0 million-lbs. were exported compared with about 279.1 million-lbs. in 2015. The total cost was about $132.0 million, up from about $125.8 million the previous year.
Between 2012 and 2015, tomato ketchup imports dropped about 95% by both value and volume. Exports, however, rose 144.7% by value and 172.5% by volume between 2012 and 2015, showcasing how the market is developing for producers.
For tomato paste, imports of containers 1.4kg or more sored 139% in volume and 132% in dollar value for the marketing ending May 31. About 11.8 million-lbs. were imported compared with about 5.0 million-lbs. last year. The total cost was about $6.3 million, down from about $2.7 million in 2015. Imports of containers less than 1.4kg rose 17% in volume and declined 10% in dollar value for the marketing ending May 31. About 9.7 million-lbs. were imported compared with about 8.3 million-lbs. in 2015. The total cost was about $6.6 million, down from about $7.3 million a year earlier.
While incoming shipments were on the upswing, exports dropped 15% in volume and 26% in dollar value for the marketing ending May 31. About 845.8 million-lbs. were exported compared with about 999.5 million-lbs. the previous year. The total cost was about $336.9 million, dropping from about $452.9 million in 2015.
From a historical perspective, tomato paste imports have been on the rise. Between 2012 and 2015, a 64.4% increase in value and 20.44% increase in value for product in containers holding less than 1.4 kg was reported. For containers holding more than 1.4 kg, the increases were more noticeable, with value rising 116.1% and volume increasing by 142.4%. Exports are also rising, with a reported 54.4% increase by valuea nd 33.7% increase by volume during the time frame.
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Chris is a business writer and market analyst that focuses on the Markets, Legal and Washington sections of the Food Institute Report. In addition, he assists in compiling data for various Food Institute publications throughout the year. He invites you to contact him via email at firstname.lastname@example.org to talk about anything food-related.
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