Average potato price in Poland at the highest level in recent years

Published 2022년 10월 18일

Tridge summary

Poland is experiencing a surge in potato prices in October due to high demand and low supply. The average price could hit a record high this month. The primary factors contributing to the price increase are low harvest yields and strong demand, particularly from exporters in Hungary, Lithuania, Romania, and Ukraine. The 2022 potato harvest is projected to be the lowest since at least 2010, leading to a tight supply. Additionally, rising inflation and cultivation and storage costs are impacting the profitability of potato farming.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wholesale prices for potatoes in Poland rose further in October. This means that despite the current harvest and the associated increase in current supply, demand for potatoes is still high, project analysts from EastFruit.com report. If this continues, the average price of potatoes in Poland this month could reach its highest level in recent years. Currently, the prices for yellow potatoes are at the level of 0.80-1.33 PLN/kg (0.16-0.27 €/kg). The prices for red potatoes are 0.93-1.47 PLN/kg (0.19-0.29 €/kg) and for white potatoes 1.00-1.47 PLN/kg (0.20-0.29 €/kg). At the same time, there are offers of local potatoes with a starting price of 1.50 PLN/kg (0.30 €/kg). The main factors contributing to the rapid increase in potato prices on the Polish market are the low supply on the one hand and good demand on the other. According to GUS, the Polish potato harvest in 2022 will be only 6.1 million tons, the lowest level since at least 2010. Low harvests do not mean record prices, as ...

Source: AGF