Retail tomato prices have dropped significantly, providing much-needed relief to consumers, following the decline in wholesale (mandi) prices across India. On November 14, 2024, the all-India average retail price of tomatoes stood at Rs 52.35 per kilogram, marking a 22.4% decrease from Rs 67.50 per kilogram just a month earlier. This recent price reduction has been attributed to a substantial increase in arrivals at key mandis, such as Azadpur, where prices dropped by nearly 50%, from Rs 5,883 to Rs 2,969 per quintal. Similar trends have been observed in other markets, including Pimpalgaon, Madanapalle, and Kolar.
The Department of Agriculture's third advance estimate indicates that India’s annual tomato production for 2023-24 has risen to 213.20 lakh tonnes, a 4% increase from the previous year’s 204.25 lakh tonnes. Despite tomatoes being cultivated year-round, their production is influenced by regional seasonality. Moreover, factors such as adverse weather conditions and logistical challenges frequently disrupt supply chains, significantly impacting prices due to the high perishability of the crop.
The increase in tomato prices in October 2024 was due to excessive and prolonged rainfall in major producing states such as Andhra Pradesh and Karnataka. However, the situation has improved with the onset of the main sowing season in October and November, complemented by the arrival of seasonal harvests.
While arrivals at major centres such as Madanapalle and Kolar have slowed, states like Maharashtra, Madhya Pradesh, and Gujarat have stepped in to bridge the supply gap. This consistent flow of produce has helped stabilize prices, supported by favorable weather conditions and efficient supply chain operations.
The short cultivation cycle and multiple harvests of tomatoes have also played a pivotal role in ensuring a steady market supply. For now, the seasonal stability and strategic distribution from various states have brought much-needed respite to consumers, reinforcing the importance of well-coordinated agricultural practices and logistics.
As tomato prices stabilize, the market reflects a positive outlook for both producers and consumers.
