Buy the Latest Types of Chinese Tomato Paste
It is obvious to everyone that China is the greatest exporter of all types of commercial products even tomato paste
That’s why it might be interesting for you to know the manufacturing price for tomato paste
“Tomato planting costs in China have increased since the start of Covid-19
As a result, the price of processed tomato puree also increased”
These are the words used by Manager Wang of Shangzhuo Food, who recently spoke about the current conditions of the tomato paste export market
Shandong Shangzhuo Food Co
, Ltd
is a specialized exporter of tomato paste
The company buys tomatoes from production areas in China and then processes them into tomato paste for the export market
“Our main export markets are in the Middle East and Africa
We export around 700-800 shipping containers per year
We sell about 50% of our products through local trading companies, and the other half are sold directly to local customers,” said Manager Wang
“Our export of tomato paste has been stable in recent years
Although we have not increased significantly, we have not seen a decrease in our export volume during the pandemic
In terms of price, we usually provide customers with FOB price, therefore the increased shipping cost did not significantly affect our export volume,” said manager Wang
“The main problem we are facing right now is the uncertainty of shipping and its effect on the international market during the pandemic
Ships are often delayed, which creates distribution difficulties for our customers
” “The Middle East and Africa consume large amounts of tomato paste
Apart from China, these markets mainly import tomato paste from the United States of America and Italy
The biggest advantage for Chinese tomato paste exporters is the reasonable low price
tomato planting increased during the pandemic
The price of tomatoes as a raw material for tomato paste has increased so much that Chinese exporters will lose their price advantage in the international market
” “Tomato growers are dealing with increased costs for energy, tomato seed, fertilizer and labor
That is why the price of tomatoes is rising
In addition, the processing itself has also become more expensive because energy and labor are more expensive
the price of tomato paste is now around 980 USD per ton
This is 5% higher than previous years,” manager Wang explained
“Although the price is still low compared to other exporters, the difference is no longer so significant
”
The cost of planting tomatoes in China has increased since the start of Covid-19
As a result, the price of processed tomato puree also increased
Shandong Shangzhuo Food Co
, Ltd
is a specialized exporter of tomato paste
The company buys tomatoes from production areas in China and then processes them into tomato paste for the export market
Manager Wang of Shangzhuo Food recently talked about the current conditions of the tomato paste export market
“Our main export markets are in the Middle East and Africa
We export around 700-800 shipping containers per year
We sell about 50% of our products through local trading companies, and the other half are sold directly to local customers,” said Manager Wang
“Our export of tomato paste has been stable in recent years
Although we have not increased significantly, we have not seen a decrease in our export volume during the pandemic
In terms of price, we usually provide customers with FOB price, therefore the increased shipping cost did not significantly affect our export volume,” said manager Wang
“The main problem we are facing right now is the uncertainty of shipping and its effect on the international market during the pandemic
Ships are often delayed, which creates distribution difficulties for our customers
” “The Middle East and Africa consume large amounts of tomato paste
Apart from China, these markets mainly import tomato paste from the United States of America and Italy
The biggest advantage for Chinese tomato paste exporters is the relatively low price
However, the price The price of tomatoes as a raw material for tomato paste has risen so much that Chinese exporters will lose their price advantage in the international market,” manager Wang
“Tomato growers are dealing with increased costs for energy, tomato seed, fertilizer and labor
That is why the price of tomatoes is rising
In addition, the processing itself has also become more expensive because energy and labor are more expensive
the price of tomato paste is now around 980 USD per ton
This is 5% higher than previous years,” said manager Wang
“Although the price is still low compared to other exporters, the difference is no longer so significant
” Despite price shocks in recent years, more and more companies are entering the tomato paste sector in China
In its latest interim report, Guannong Ailiman Fruit Xinjiang, a company best known for cotton processing, reported a significant transformation
Sales of tomato products quadrupled in the first six months of 2015 compared to the same period a year earlier, reaching CNY 439
2 million (USD 68
8 million, value as of September 23, 2015)
Cotton revenue, on the other hand, fell 43% to CNY 216
1 million (USD 33
8 million)
It came after cotton prices fell to a five-and-a-half-year low last December and sweeping changes to government subsidies shifted aid from cotton growers to growers
By quickly focusing on the tomato sector, Guannong reduced its exposure to cotton and became the second largest tomato company in China, using Chalkis
Guannong’s tomato paste revenue growth was largely due to the addition of Tianjin Sanhe, a Tianjin-based tomato packer and exporter, to its books
In August last year, Guannong bought a 51% stake in Sanhe in a deal worth CNY 210 million
Little is known about Sanhe – it does not have a company website – but according to Guannong, Sanhe has been in business for more than two decades and is China’s largest exporter of small package tomato products, mainly 18 -20 Brix and 28 -30 Brix ketchups and sauces
Sales volume (mix of canned tomato paste products and ketchups and sauces) amounted to 69,000 metric tons (mT) and CNY 304
1 million (USD 47
6 million) in value during the reporting period, and annual production capacity is 200,000 mT full Sanhe
During the reporting period, Guannong itself increased bulk pasta sales by 92% to CNY 135 million (USD 21
1 million)
This year, Guannong plans to produce 60,000 mT of paste, although it only produced 16,400 mT of Brix 36-38 paste on August 20
