Tridge summary
The article provides an analysis of the potato trade data for March 2021, as released by HMRC, highlighting changes from the previous month and comparing the figures with the average from the past five years. It notes that fresh and processed exports and imports increased in March compared to February, although the seed exports and import figures decreased. The data is collected differently since January 2021, focusing on customs declaration volume instead of the physical movement of goods. The article points out the differences between the current season-to-date figures and the average from the past five years for various potato categories, such as fresh and processed exports and imports, and seed exports and imports. It also mentions the specific destinations for fresh exports and the increases in processed exports, with a note on the prohibition of seed potato exports to the EU from GB.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
March’s fresh and processed trade up on February figures Potato trade data as up to the end of March 2021 has now been released by HMRC. Figures show that in March, both fresh and processed exports increased from February’s totals. Fresh and processed imports also increased on the month, whereas March’s seed exports and import figures were down. As previously mentioned, the method of data collection used by the HMRC changed from January 2021 onwards. Before this date, data was collected on physical movement of goods. Now, monthly figures are collected on customs declaration volume, making some comparisons before this time difficult. Exports Total fresh exports (EU and non-EU) for March totalled 11.4Kt, bringing the 2020/21 season-to-date total to 114.4Kt. This is 23.3Kt below the 5-year average (2015/16 - 2019/20) for fresh exports. The European Union (EU) accounted for 97% of the total fresh exports in March. This figure was up 19% from February, but still lags EU average exports ...
Source: Ahdb
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