In 2024, the global potato market experienced significant changes in production, trade, and pricing. Key events included:
- 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.
- 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.
- 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.
- 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.
- Challenges in New Zealand: Fry export volumes have decreased, and domestic production continues to decline.
- 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.
For more detailed information, please contact:
Cedric Porter
Managing Editor, World Potato Markets
Tel: +44 7881 956446
Email: cedric@supplyintelligence.co.uk
Website: www.worldpotatomarkets.com
Twitter: @PotatoPlanetPod
Correspondents:
Nélia Silva
Email: neliamgs@gmail.com
Jim Van Den Bos
Email: jvandenbos@justfoundout.co.uk
ISSN: 2046-1917
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