Tomato Market Overview in the USA
In value terms, tomato production stood at $ in 2018. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of % y-o-y. As a result, production reached the peak level of $. From 2015 to 2018, production growth remained at a lower figure.
In 2018, the average tomato yield in the U.S. amounted to tonnes per ha, with an increase of % on the previous year. The yield figure increased at an average annual rate of +% from 2007 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Over the period under review, the average tomato yield hit record highs at tonnes per ha in 2014; however, from 2015 to 2018, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the total area harvested in terms of tomatoes production in the U.S. amounted to ha, with an increase of % compared with 2017. Overall, the harvested area, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2009 with an increase of % y-o-y. As a result, the harvested area attained the peak level of ha. From 2010 to 2018, the growth of the tomato harvested area remained at a lower figure.
The value of the tomato market in the U.S. expanded notably to $ in 2018, growing 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). In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $. From 2015 to 2018, the growth of the market failed to regain the momentum.