Hungarian potatoes have run out, but will imports be enough during the price freeze?

Published 2023년 2월 24일

Tridge summary

Hungary has run out of domestically grown potatoes and will only be able to sell imported potatoes in shops until the end of April, despite the price cap on food items. The National Potato Product Council predicted that domestic stocks would last until the end of January or beginning of February, after which only imported potatoes would be available. These imports are expected to be smooth, despite potential obstacles from European frosts. The potato harvest in Western Europe was also down by 8-12% compared to an average year, and Hungary's preference for red potatoes, which are less popular in the West, may affect the quantity and availability of imports.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By the beginning of February, domestically grown potatoes ran out in Hungary. For quite a few months, only foreign, imported items will be found in the shops. However, the traders have a loss on these, as the actors of the sector cannot enforce the increased purchase prices and transport costs, since the table potatoes are still among the official price foods until the end of April. Will there be enough potatoes to meet domestic demand? What will happen to this product when the price cap ends? The Agricultural Sector asked the National Potato Product Council about the subject, and we examined this material. Since November 9, 2022, table potatoes (and fresh eggs) are also among the foods affected by the price cap. According to the regulations at the time, the food price freeze would have been in effect only until December 31, but at the end of the year it was extended until April 30, 2023. In the case of table potatoes, it was questionable how long domestic stocks would be ...
Source: Magro

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