Overview of the world sweet potato market

Published 2020년 12월 4일

Tridge summary

The article provides an overview of the current sweet potato market in various European countries and the US, with a focus on price movements, availability, and production trends. This year, the market has seen a rebound in retail and detail demand, despite the loss in food service demand and challenges such as increased EU import duties on US sweet potatoes and adverse impacts from the coronavirus pandemic. The market is experiencing price hikes and changes in consumer preferences, with a shift towards locally grown and high-quality sweet potatoes. The article also mentions specific market situations in countries like the Netherlands, Germany, Switzerland, UK, France, and Spain, providing insights into the availability, consumption, and trade of sweet potatoes in these regions. It concludes by highlighting the market's resilience and the ongoing efforts to improve quality and efficiency in sweet potato production and distribution, despite facing challenges like tariffs, Brexit uncertainties, and competition from other origins.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Unlike last year, this year's harvest in the US can be called average, where there was little product available last year. In addition to supplies from the southwestern states of the US, yams are also coming onto the market from Spain and Egypt. In addition, many countries have a modest home-grown harvest available. Despite the loss of demand from the food service, retail and detail are picking up well. The price has risen almost everywhere due to the corona virus. A political factor also plays a role in world trade: The EU has imposed import duties on sweet potatoes from the US, among other things. Levies have thus increased from 3% to 28%. The Netherlands: sweet potatoes are part of the flow of Christmas sales There is currently a reasonable supply of sweet potatoes on the market, from European countries, Egypt and North America. The higher import duties (+ 25%) for North American sweet potatoes create the necessary restrictions. “They still have to pass on those costs,” notes a ...
Source: AGF

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