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Is tomato becoming the new onion?

Prices of tomatoes in states across the country are witnessing a steady rise. In November alone, the prices have increased by a whopping 142% and are expected to rise for the upcoming 45-50 days.

Karnataka, Andhra Pradesh, and Maharashtra which are the key suppliers of tomatoes from the month of October-December have experienced excessive rains and flash floods, Karnataka (105% more than normal), Andhra Pradesh (40%) and Maharashtra(22%), thus damaging the standing crops leading to reduced supply. Especially the states of Delhi, Tamil Nadu, Andhra Pradesh, Maharashtra, Uttar Pradesh, and several others have witnessed extensive price surge. The situation appears to be worse in the southern states, especially in Karnataka where supply is being sent from Nasik, Maharashtra.

The price for the vegetable which was at Rs.40/kg on 1st October, increased to Rs.50/kg by month-end and reached Rs.80/kg on 23rd October, showcasing a 100% rise in just 2 months. Also, households that are purchasing from organized retail and e-commerce channels are paying 10-20% more than the price at which tomatoes are available in the local markets. 

The situation is expected to remain the same until mid-January and February when the new harvest will begin to enter the market from Madhya Pradesh, Uttar Pradesh, and Maharashtra.

According to government reports, consumers will experience only a slight decline of about 20% as the supplies will begin to come in from the northern states in December.

Not only tomatoes but onions and potatoes too may experience a slight increase in their price in the upcoming days as the key growing states- Uttar Pradesh(162% higher), Bihar(164% higher), Gujarat (42% higher), and West Bengal(52% higher) has been hit by excessive rains, delaying sowing and output.

Hopefully, as the north-east monsoon begins its retreating, the worst can be avoided for the prices and normalcy can be achieved.

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Tags: #vegetable #pricerise


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