The Egyptian potato season is rapidly approaching, and it appears likely that last season's scenario will be replicated, with demand outstripping supply and rising prices, according to Mohamed Hassan, Export Manager of Al Gamal.
Mohamed told FreshPlaza: "The season starts in a few days, after a successful production phase. The weather conditions have been very good and, combined with the good quality of the sandy desert soil, we have good quality potatoes, free from disease and pests. The only problem we've encountered in terms of production has been the sharp rise in the price of fertilizers and agricultural inputs."
While an increase in potato acreage was expected, following strong demand for potatoes last year, Mohamed assures that acreage and therefore volumes have fallen in Egypt this season. He explains, "Despite the demand, rising production costs in the potato sector more than others has deterred many growers."
This season's harvests are very diverse in terms of variety and size, adds Mohamed. "In table potatoes, we have Spunta and Mondial, in particular, for French fries we have Diamont, and Hermes and Lady Rosetta dominate chip potatoes. All sizes are available, with an abundance of large sizes from 25 to 90."
The exporter expects strong demand from the European market. He explains: "European buyers have come to sign contracts for thousands of tons. Large volumes are in demand in Spain and the Netherlands, despite strong production there, Croatia and Slovenia, among others. In second place are Gulf markets such as Saudi Arabia and Kuwait, followed by African markets. Egyptian potatoes are highly prized because they are grown in sandy soil, which improves quality and reduces washing costs."
"In a configuration similar to last year, with volumes below market needs, we therefore expect prices to rise," warns Mohamed. "The increase will be at least 30%, and is dictated by production costs and the global imbalance between supply and demand."
For more information:
Mohamed Hassan
Algamal
Tel +201062839734
Email: [email protected]