North Western European Potato Growers face a multitude of risks, disruptions in the industry expected in the near future

Published 2023년 1월 27일

Tridge summary

The North Western European Potato Growers (NEPG) has announced a decrease in potato production by 5.3% or 1.2 million tonnes, despite a 2.9% increase in harvested area, due to lower yields per hectare. This comes amidst rising demand from processing factories, which are operating at full capacity and offering higher contract prices, up to 45%. However, potato farmers are grappling with increased risks due to climate change, geopolitical and health events, access to water, and new EU regulations on fertilizer and pesticide use. The higher contract prices could encourage more potato cultivation, but the sector faces potential imbalances and seed shortages, which could result in higher prices for consumption growers in spring 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In a press release issued today, the North Western European Potato Growers (NEPG) organization says lower yields per hectare (-6,3%) resulted in an overall production decline for its member countries (-5,3% or 1,2 million tonnes) this year, despite a rise of 2,9% in harvested area. Demand for potatoes is currently good, with processing factories throughout north-western Europe eager to buy potatoes while processing facilities are working at full capacity. New or modernized processing lines and new factories (recently opened or to open during 4th quarter of this year) have contributed to historic high processing contract prices which have gone up by 30 to even 45 per cent in some cases. Processors in Belgium, France, Germany and the Netherlands are said to be keen to acquire more raw material for the rest of the ongoing season and the 2023 – 2024 campaign. NEPG underscores the fact that potato growers in its member countries face multiple risks and these risks seem to increase each ...

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