Record Production, Export Challenges, and Market Trends in the Potato Industry in 2024

In 2024, the global potato market experienced significant changes in production, trade, and pricing. Key events included:

1. Record Production in EU-4 Countries: Germany, France, Belgium, and the Netherlands reached a record 24.75 million tons of potatoes, increasing planted areas by 7.2%. However, rising production costs may reduce planting areas in 2025.
2. India’s Export Success: India set a record in fresh potato exports to Saudi Arabia, increasing revenues by 48.1% compared to 2023. However, domestic prices continue to rise, prompting investments in storage facilities.
3. Trends in Potato Products: Falling prices helped the US increase frozen fry exports to Japan, while Thai import demand declined due to growing competition from India and China.
4. Prices and Volumes in Belgium and Poland: Belgian producers are under pressure due to product quality issues, which have raised prices. Poland increased production volumes, but harvest quality remains problematic due to adverse weather conditions.
5. Challenges in New Zealand: Fry export volumes have decreased, and domestic production continues to decline.
6. UK Market: Potato storage became a key issue amid fluctuating weather. Prices remain high despite overall increases in production costs.

These events indicate that the potato industry faces global challenges and competition, requiring a strategic approach to production, logistics, and cost management.