Tomato Market Overview in Sri Lanka
In value terms, tomato production totaled $ in 2019 estimated in export prices. Overall, production showed a buoyant increase. The most prominent rate of growth was recorded in 2008 with an increase of % y-o-y. Tomato production peaked in 2019 and is likely to see gradual growth in years to come.
In 2019, the average tomato yield in Sri Lanka rose slightly to tonnes per ha, increasing by % against the previous year's figure. Overall, the yield indicated a perceptible increase from 2007 to 2019: its figure increased at an average annual rate of +% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, tomato yield increased by +% against 2011 indices. The pace of growth appeared the most rapid in 2016 with an increase of % against the previous year. The tomato yield peaked in 2019 and is likely to see gradual growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2019, the total area harvested in terms of tomatoes production in Sri Lanka totaled ha, approximately equating the year before. In general, the harvested area recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the harvested area increased by % y-o-y. Over the period under review, the harvested area dedicated to tomato production attained the peak figure at ha in 2012; however, from 2013 to 2019, the harvested area stood at a somewhat lower figure.
The revenue of the tomato market in Sri Lanka expanded to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate buoyant growth. The pace of growth was the most pronounced in 2008 when the market value increased by % y-o-y. Tomato consumption peaked in 2019 and is likely to see steady growth in the immediate term.