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Bharatbook added a new report on "China Tomato Products Industry Report, 2009-2010" which gives the Chinese Tomato Products operations and advantage of leading enterprises in this regard worldwide.
China Tomato Products Industry Report, 2009-2010
Due to the growing price hike of tomato sauce in 2008, the tomato planting area worldwide has largely increased. In 2009, the output of tomatoes for processing in the world has increased by 15.6% year-on-year to 42.317 million tons. In particular, China experienced the largest growth in output of tomatoes for processing. The output of tomatoes for processing in China reached 8.65 million tons in 2009, up 35.1% from a year earlier, increasing the proportion to 20.5% in the global total tomato output for processing; while China’s output of tomato products approximated 1.1 million tons. ( http://www.bharatbook.com/detail.asp?id=144418&rt=China-Tomato-Products-Industry-Report-2009-2010.html )
The global consumption of tomato products maintains stable growth, and it reached 38.5 million tons in 2009, a slightly increase of 2.4% from a year earlier. The oversupply of tomato for processing in the world caused the price slump of tomato products in 2009, resulting in the fluctuation of global market in the industry. China, as the leading exporter of raw material of tomato products, was inflicted even worse.
This report not only highlights the status quo, market demand and supply, competition pattern, import and export, price trend and prospects of China’s tomato products industry, but studies the operations and advantages of leading enterprises in this regard worldwide. However, the sluggish demand of its prime products including tomato products and sugar resulted in the low price in the market. Accordingly, the operating revenue and net profit of the company dropped by 25% and 38.5% quarter-on-quarter to RMB629 million and RMB38.4 million respectively in the first quarter of 2010.
In 2009, the company’s sales volume of tomato products increased to some extent, but its revenue in this regard reduced by 27.5% year-on-year to RMB1.4366 billion due to the price slump of tomato products. In turn, the contribution rate of tomato products to revenue from prime business of the company declined to 49.9%, a decrease of 9.1 percentage points year- on- year. Meanwhile, the financial crisis and the proliferating output of tomatoes worldwide exerted a negative impact on the export of COFCO Tunhe in 2009. The revenue proportion from overseas contributed to 53.8% of the company’s revenue from prime business, down 7.1 percentage points year-on-year.
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=144418&rt=China-Tomato-Products-Industry-Report-2009-2010.html
Related Reports
Mushroom and Tomato Production in the US
Mushroom and Tomato Production in the US - Business Market Reports
China vegetables fruit and nut processing industry
http://www.bharatbook.com/detail.asp?id=93988&rt=China-vegetables-fruit-and-nut-processing-industry.html
Or
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: Bharat Book Bureau - Market Research Reports & Industry Analysis
Follow us on twitter: Bharat Book Bureau (3bbharatbook) on Twitter
China Tomato Products Industry Report, 2009-2010
Due to the growing price hike of tomato sauce in 2008, the tomato planting area worldwide has largely increased. In 2009, the output of tomatoes for processing in the world has increased by 15.6% year-on-year to 42.317 million tons. In particular, China experienced the largest growth in output of tomatoes for processing. The output of tomatoes for processing in China reached 8.65 million tons in 2009, up 35.1% from a year earlier, increasing the proportion to 20.5% in the global total tomato output for processing; while China’s output of tomato products approximated 1.1 million tons. ( http://www.bharatbook.com/detail.asp?id=144418&rt=China-Tomato-Products-Industry-Report-2009-2010.html )
The global consumption of tomato products maintains stable growth, and it reached 38.5 million tons in 2009, a slightly increase of 2.4% from a year earlier. The oversupply of tomato for processing in the world caused the price slump of tomato products in 2009, resulting in the fluctuation of global market in the industry. China, as the leading exporter of raw material of tomato products, was inflicted even worse.
This report not only highlights the status quo, market demand and supply, competition pattern, import and export, price trend and prospects of China’s tomato products industry, but studies the operations and advantages of leading enterprises in this regard worldwide. However, the sluggish demand of its prime products including tomato products and sugar resulted in the low price in the market. Accordingly, the operating revenue and net profit of the company dropped by 25% and 38.5% quarter-on-quarter to RMB629 million and RMB38.4 million respectively in the first quarter of 2010.
In 2009, the company’s sales volume of tomato products increased to some extent, but its revenue in this regard reduced by 27.5% year-on-year to RMB1.4366 billion due to the price slump of tomato products. In turn, the contribution rate of tomato products to revenue from prime business of the company declined to 49.9%, a decrease of 9.1 percentage points year- on- year. Meanwhile, the financial crisis and the proliferating output of tomatoes worldwide exerted a negative impact on the export of COFCO Tunhe in 2009. The revenue proportion from overseas contributed to 53.8% of the company’s revenue from prime business, down 7.1 percentage points year-on-year.
To know more and to buy a copy of your report feel free to visit : http://www.bharatbook.com/detail.asp?id=144418&rt=China-Tomato-Products-Industry-Report-2009-2010.html
Related Reports
Mushroom and Tomato Production in the US
Mushroom and Tomato Production in the US - Business Market Reports
China vegetables fruit and nut processing industry
http://www.bharatbook.com/detail.asp?id=93988&rt=China-vegetables-fruit-and-nut-processing-industry.html
Or
Contact us at :
Bharat Book Bureau
Tel: +91 22 27578668
Fax: +91 22 27579131
Email: info@bharatbook.com
Website: Bharat Book Bureau - Market Research Reports & Industry Analysis
Follow us on twitter: Bharat Book Bureau (3bbharatbook) on Twitter