Turkey could face a record potato crop in 2023, but risks a price collapse

Published 2023년 6월 18일

Tridge summary

Turkey is set to see a significant increase in potato production in 2023 due to record seed potato imports, with the Netherlands being the primary supplier. This comes as a result of high local potato prices, which led to a government export ban in early 2023. The ban, also covering onions, has resulted in a substantial drop in potato exports. The high potato production is anticipated to lower prices and possibly expand export markets, potentially impacting Georgian growers and offering Uzbekistan a chance to diversify its imports. The devaluation of the Turkish lira is expected to further boost potato export prospects.

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

Original content

In 2023, a sharp increase in potato production is expected in Turkey, which is among the top 15 world's largest exporters of the crop, according to Eastfruit Analysts. Statistics for seed potato imports confirm these expectations. In the first four months of 2023, Turkey imported 28.5 thousand tons of seed potatoes, which is a new historical import record. This is also 91% more than the volume of seed imports for the same period of 2022. The main volumes of seed potatoes, namely 79%, were supplied from the Netherlands. Another 7% of seed tubers were imported from the UK, 6% from France, 4% from Germany and 2% from Belgium. The sharp increase in potato production in Turkey is a reaction to high table potato prices in the region and on the local market. In particular, under the influence of the rapid growth of domestic potato prices, the Turkish government banned its exports in early 2023. The export ban also included onions, which were also extremely expensive. As a result, in ...

Source: Potatopro