Tridge summary
Australia produces approximately 1.3 million tons of potatoes per year, with over 60% being processed into frozen potato products and chips. The Australian agricultural and horticultural organization, AUSVEG, is considering the possibility of market intervention, such as customs tariffs, due to the corona crisis and the import of cheap potato products, particularly from Tasmania. However, New Zealand and Australia are not significant customers of European fries, with Belgium ranking them as the 27th and 71st export destinations respectively.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
According to data from PotatoPro, Australia produces an average of 1.3 million tons of potatoes per year, of which more than 60% is processed into frozen potato products and chips. Especially in Tasmania, the import of dirt cheap potato products can have major consequences for the local industry. Free trade is of paramount importance Australia is not used to pursuing a protectionist market and price policy, on the contrary. Worldwide unimpeded free trade is of paramount importance in Australia and New Zealand. However, the corona crisis is an exceptional situation that may justify market intervention in the form of, for example, customs tariffs, says Tyson Cattle, spokesperson for the Australian agricultural and horticultural organization AUSVEG. Not large customersNew Zealand and Australia are ...
Source: Boerenbusiness.nl
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