Trends among the top 10 largest seed potato exporting countries in the world

Published 2024년 9월 23일

Tridge summary

The article highlights a decrease in international trade in seed potatoes over the last five years, with a 2.5% average annual drop from 2019 to 2023, totaling a 42,000-ton decline. This trend is largely due to adverse weather conditions in major producing countries and a rise in local breeding programs. Trade barriers have also contributed to inefficiency in the potato industry. Despite the decline, the Netherlands maintains a strong global lead in seed potato exports with over 51% share, followed by France, Germany, and the UK. Egypt has seen significant growth in exports, largely due to increased supplies to Russia, though the sustainability of this growth is questionable.

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

Original content

According to EastFruit analysts, international trade in seed potatoes has been declining in the world over the past five years. The four largest exporting countries, which account for 74% of global exports, also demonstrated negative dynamics in seed potato exports. “The global decline in international trade in seed potatoes is due to the fact that the main producing countries experienced extremely unfavorable weather conditions in 2022 and 2023, which negatively affected production volumes. It is also worth noting the intensification of local breeding programs in some countries. However, recently, the factor of “deglobalization” or the increase in trade barriers, both tariff and non-tariff, by various countries of the world has been added, which leads to a decrease in the efficiency of the potato business as a whole,” notes Andriy Yarmak, economist at the Investment Department of the Food and Agriculture Organization of the United Nations (FAO). Global seed potato sales declined ...

Source: Eastfruit