DECRYPTION – For the Italian family business, the threat from the Middle Kingdom adds to the challenge of climate change.
« We will witness an overproduction in 2024 of Chinese production, worries Francesco Mutti. This situation is dangerous for a sector that matters in Europe. » The CEO of the Italian family business Mutti, a specialist in high-end tomatoes, is sounding the alarm. Supporting figures: according to the international organization which represents the tomato processing industry, Chinese production should increase by 30.6% between 2023 and 2024 to reach 10.4 million tonnes out of 45.6 million planned around the world. China would overtake California (9.9 million forecast this year compared to 11.5 million last year), the world's leading producer in recent years, while Italy, in third position, should record a drop of 2.8%. at 5.2 million tonnes.
Fears surrounding Chinese tomato production are not new. But, today…
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