In a world where quality and sustainability increasingly dictate market trends, Kingstar Food stands at the forefront of the tomato paste industry, championing innovation, quality, and global reach. As one of the leading producers situated in China, a global powerhouse for tomato paste production, our operations span from meticulous farming practices to advanced processing and packaging technologies. This integrated approach not only ensures superior product quality but also positions us competitively in terms of production efficiency and cost-effectiveness.
The 2023 production season saw a dynamic market, with initial high raw material prices stabilizing later in the year. Thanks to strategic planning and robust demand, our shipment volumes soared by 20% year-over-year, with minimal leftover inventory, underscoring our market resilience and operational excellence. Currently, 36-38% cold break tomato paste, packaged in 220L drums, is priced around USD 1300/MT, with expectations for the 2024 season to maintain these levels.
Our commitment to excellence is furtherevidenced by our array of certifications, including BRC A+, IFS Higher Level, BSCI, ISO 9001, and IFS 22000, among others. Rigorous testing for pesticides and heavy metals ensures our products meet the stringent requirements of European and American markets. Our diverse product portfolio, which includes tomato paste, pasta sauces, salsa, and more, is set to expand with the introduction of innovative Tetra Pak packaging.
At Kingstar Food, we are dedicated toenriching lives globally through our array of tomato-based products. Our vision is not just to lead in quality but to set the pace for the industry's future, moving towards becoming a high-end factory in the world's food sector.
As we continue to grow and innovate, we invite our customers and partners to join us in this flavorful journey. Together, we can savor the taste of success and quality that spans borders and palates.