Falling imports pushed potato prices up by 50%
Over the past 12 months, prices per potato kilo have risen by
50% on average in the wake of falling supplies amid shrinking
imports, bad weather conditions lower number of growers.
Valeriu Tab`r`, Agriculture and Rural Development Minister, stated
the advance is due to some "technical problems".
In the first 11 months of last year, Romania imported 53,000 tonnes
of potatoes, worth 9.5m euros. Exports in the same period reached
19,000 tonnes, worth 1.8m euros, according to the National
Statistics Institute (INS).
Ioan Benea, chairman of the Federation of Romanian Potato Growers
(FCCR), estimates Romania's 2010 potato production covers just one
third of quantities needed domestically.
Benea specifies Romania does not have industrial potato producers
and that the number of large plantations is low.
Prices will rise further by mid-2011, with significant price drops
as highly unlikely due to the downbeat outlooks for this year's
production, believes Benea.