Netherlands: Higher potato prices for consumers and growers

Published 2021년 11월 5일

Tridge summary

The article provides an overview of the dynamic nature of the potato market in the Netherlands, focusing on the significant price fluctuations experienced throughout the 2019/2020 and 2020/2021 seasons. It highlights the impact of the COVID-19 pandemic on potato prices and demand, with particular emphasis on the challenges faced by the industry during the crisis, such as plummeting prices, reduced production, and increased storage issues. Despite these setbacks, the market has shown signs of recovery, with prices starting to rise and production levels returning to pre-pandemic figures. The article also touches on the role of the Compensation Scheme for French fries, the impact of lockdowns on the potato processing industry, and the future outlook for the market, noting the potential for shifts in chip potato production in Northwest Europe. Furthermore, it discusses the differences between ex-farm and consumer prices, the role of distribution channels, and the various uses of Dutch ware potatoes in value-added products, emphasizing the resilience and adaptability of the sector amidst adversity.

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

Original content

The consumer price index of potatoes in July 2021 reached 134 points (2015=100). That is 13% higher than in May, but still 6% lower than in July last year. The ex-farm price fell very sharply last year, but reached 108 points in July, 36% higher than in the same month last year. Price developmentFrom the start of the 2019 harvest season, consumer prices showed a downward trend until March 2020. Due to the Covid-19 crisis, the demand for fresh potatoes and potato products in the store increased, leading to higher prices until the new harvest season in 2020 After that, consumer prices fell, but they will rise from May this year. The potato price ex-farm was considerably lower in the 2019/2020 season than in the 2018/2019 dry season. In September 2019, the index was 116 points. Combined with continued good demand, potato prices rose to 123 points in February 2020. However, from March to May, the price dropped to a low of 56 points due to the corona crisis. Catering and fast food ...

Source: AGF