Tomato Market Overview in Antigua and Barbuda
In value terms, tomato production contracted modestly to $ in 2019 estimated in export prices. Overall, production continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2012 when the production volume increased by % y-o-y. Tomato production peaked at $ in 2017; however, from 2018 to 2019, production stood at a somewhat lower figure.
In 2019, the average tomato yield in Antigua and Barbuda was estimated at tonnes per ha, therefore, remained relatively stable against the previous year's figure. The yield figure increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2012 when the yield increased by % y-o-y. The tomato yield peaked in 2019 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The tomato harvested area in Antigua and Barbuda totaled ha in 2019, leveling off at 2018. In general, the harvested area recorded a slight increase. The pace of growth was the most pronounced in 2013 when the harvested area increased by % y-o-y. The tomato harvested area peaked in 2019 and is likely to see gradual growth in the immediate term.
The size of the tomato market in Antigua and Barbuda expanded sharply to $ in 2019, picking up 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 posted a strong increase. The most prominent rate of growth was recorded in 2017 when the market value increased by % y-o-y. As a result, consumption attained the peak level of $. From 2018 to 2019, the growth of the market remained at a lower figure.