The invasion of Ukraine: How it affects the potato sector

Published 2022년 3월 3일

Tridge summary

The recent report by the French Potato Interprofessssional discusses the economic implications of Russia's invasion of Ukraine, focusing on the potential for inflation and increased production costs in the European Union due to disruptions in energy and logistics. The war is expected to negatively affect the import and export of potatoes in the region, with Ukraine, a net importer of canned potatoes, and Russia, which imports processed potatoes, likely to face significant challenges. The conflict could also lead to a surge in the price of nitrogenous fertilizers and interfere with the import of French fries from the EU to Russia.

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

Original content

Ukraine imports 250,000 tons while Russia adds 100,000 tons, although in this case they are processed products The most recent bulletin of the French Potato Interprofessional analyzes the consequences of Russia's invasion of Ukraine. In the first place, they have highlighted that the situation there could amplify the widespread galloping inflation that is being experienced in a good part of the EU countries as well as a sharp increase in production costs not only for farmers (fertilizers, seeds, energy...) but also for also for the industry where the cost of gas has an important weight as well as the amounts of the containers. Especially, it is underlined from the CNIPT that strong tensions are expected in energy matters (Russia is the first exporter of natural gas to the EU with 44% of its imports) and by extension in the price of nitrogenous fertilizers. Tensions over oil are likely to rise. Along with this, logistics flows would thus be interrupted due to difficulties related ...

Source: Castilla