Press release
, François-Xavier Branthôme
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According to the report released on June 19, 2023, by the California League of Food Producers, total inventories of U.S. processed tomato products were just under 2.82 million metric tonnes (mT), or 3.1 million short tons (sT), stated on a raw product equivalent basis, as of June 1, 2023. Inventory is down 4.7% from the prior year level. Apparent disappearance of tomato stocks decreased 2.2%, totaling approximately 10.2 million mT (11.2 million sT) during the twelve-month period of June 1, 2022, to June 1, 2023.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total 1.82 million mT (2.0 million sT), on a raw product “paid-for tons” equivalent basis, as of June 1, 2023.
The U.S. bulk tomato paste-for-sale inventory on June 1, 2023, was approximately 1.27 million mT (1.4 million sT), on a raw product “paid-for tons” equivalent basis.
This report is an estimate of total U.S. supply and demand for processed tomato products. Reports are based on voluntary pack and inventory reports furnished by participating U.S. processors.
All positions are stated on a "raw product tons" equivalent basis.
CLFP "Pack Year" begins June 1 and ends May 31.
2022-2023 pack year statistics based on reports from processors handling 91.4% of U.S. tonnage.
Listed below are the 2022-2023 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of June 1, 2023 for U.S. Tomato Processors. The 2022-2023 U.S. Processed Tomato Supply and Movement reported is based on an estimated 99% of the industry reporting data for bulk tomato paste. Representation below is assuming 100% reporting as well as actual paste industry aggregate reporting of an estimated 99%.
All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.
Bulk Tomato “Paste for Sale” – Bulk tomato paste, converted to a raw product “paid for tons” equivalent, being held in drums, bins, and bulk, that has been packed to be sold. The estimates do not include bulk paste being held for companies’ own remanufacture, or paste in food service or retail/consumer package sizes.
Source: CLFP
