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Potato Prices Spike in Myanmar’s Naungtaya as Harvest Season Ends

by Devendra K
02.11.2024
in News
A A
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The price of potatoes has skyrocketed in Naungtaya, Shan State, Myanmar, as the harvest season draws to a close and new crops are not yet ready for production. This surge in prices is a direct result of the reduced supply, leaving consumers facing higher costs for this staple food.

The peak potato production season in Naungtaya typically falls between April and June, with prices reaching their lowest point during these months. However, as of [Date], prices have risen by approximately one-third compared to the peak season, reflecting the current scarcity.

“Potato production peaks in April, May and June. Prices differ by nearly one-third between the peak period and now. The production has been low, and the price has been high at present. All potato plantations are already harvested and newly grown, not produced yet,” explained an official from the Naungtaya Potato Association.

The official further clarified that currently, only rain-fed potatoes are available in the market. These potatoes are typically of lower quality and yield, contributing to the higher prices. However, there is hope on the horizon. The new harvest is expected to begin in late November or early December, which should bring prices back to their normal levels.

Despite the current price increase, the acreage of potato plantations in Naungtaya remains consistent this year. This suggests that the decline in production is primarily due to the natural cycle of the harvest, rather than any significant changes in planting practices.

The impact of this price increase is felt across Myanmar, as Naungtaya is a major producer of potatoes, supplying markets in cities like Yangon and beyond. Consumers are facing the brunt of the higher prices, particularly those with limited budgets who rely heavily on potatoes as a source of affordable nutrition.

As the new harvest approaches, consumers and businesses alike are looking forward to a return to more stable potato prices. The Naungtaya Potato Association and other stakeholders are closely monitoring the situation and working to ensure a smooth transition to the new harvest season.

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