Germany: By Christmas, the price of potatoes and onions may reach the tolerance limit

Published 2023년 12월 18일

Tridge summary

The distribution of German table potatoes is currently smooth, but there have been recent price increases causing farmers to release their stocks in anticipation of further price increases. The export of table potatoes from Eastern Germany and Lower Saxony to Hungary and Romania has resulted in lower supply in the German market, impacting prices. German onion prices are also high, leading to increased demand for special products like French shallots or Cypriot Annabelle potatoes at Christmas. Additionally, the sales volume of sweet potatoes is increasing, with the market dominated by American and Egyptian varieties, while fresh garlic is sourced from the Netherlands and dried garlic from China or Spain.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The distribution of German table potatoes is currently very smooth. There have been several price increases recently, so farmers have started to release their stocks. "Personally, I expect further price increases, which may reach consumers' pain threshold at Christmas," says Slave Spaseski, managing director of Poland's Openica Logistics. Among other things, the company delivers potatoes to the wholesale market in Berlin. He sees that a lot of table potatoes are exported from Eastern Germany and Lower Saxony to Hungary and Romania, as a result of which the local, German markets have a lower supply, which affects the prices as well. According to Spaseski, the situation for red onions is even worse. "German onion prices are catastrophic, in some categories they are 50 percent higher than last year. Onions are available wholesale at an average price of 0.70-0.80 euros/kg. So far, I don't see a quality problem in it, but I don't know how many selections it has gone through before it ...
Source: MezoHir

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