The potato market in Eastern Europe and Central Asia has stabilized after massive imports in the first half of the season. Harvesting of early varieties of potatoes will start in the southern regions of the countries of Central Asia in the coming months.
Poland became the leader in terms of the relative increase in the price of potatoes. However, the situation with potatoes in Poland was very difficult last year – lockdowns and the closure of restaurants and hotels led to the shutdown of factories for processing potatoes into French fries. This led to a drop in prices to a critically low level.
In Ukraine, where the quality of potatoes is low and temporarily they cannot be exported even to Belarus, prices are now 36% lower than last year. This is despite the fact that prices have increased quite significantly over the year in all neighboring countries. Belarus is the leader in terms of price growth in the region – potatoes are now on average 60% more expensive there than last year.