- Press release
Inventory is down 13.3% from the prior year level
According to the report released by California League of Food Producers on January 5, 2021, total inventories of U.S. processed tomato products were approximately 9.3 million short tons (sT) (8.44 million metric tonnes (mT)), stated on a raw product equivalent basis, as of December 1, 2020.
Inventory is down 13.3% from the prior year level. Apparent disappearance of tomato stocks has increased 13.1%, totaling approximately 7.2 million sT (6.53 million mT) during the six-month period of June 1, 2020 to December 1, 2020, as compared to the prior reporting period.
Total bulk tomato paste stocks, including inventory held for remanufacture, were estimated to total approximately 6.7 million sT (6.07 million mT), on a raw product “paid-for tons” equivalent basis, as of December 1, 2020.
The U.S. bulk tomato paste-for-sale inventory on December 1, 2020 was approximately 4.3 million sT (3.9 million mT), on a raw product “paid-for tons” equivalent basis.
CLFP statistics reports are estimates, assuming 100% reporting, of the total U.S. processed tomato supply based on voluntary reports from processors throughout the United States. Participating processors handle approximately 93.9% of total U.S. tonnage of processing tomatoes, and 99% of total U.S. paste production.
The 2020-2021 U.S. Processed Tomato Supply and Movement reported is based on 93.9% of the industry reporting data. All numbers are rounded to the nearest 1,000 lbs. for the purposes of this report.
Listed below are the 2020-2021 Bulk Tomato Paste and Bulk Tomato “Paste for Sale” pack and inventory estimates as of December 1, 2020 for U.S. Tomato Processors. The 2020-2021 U.S. Processed Tomato Supply and Movement reported is based on an estimated 99% of the industry reported data for bulk tomato paste. Representation below is assuming 100% reporting as well as actual paste as reported. 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: California League of Food Producers
Further details in attached documents: