The Prague Post - Record potato harvest is no boon in fries-mad Belgium

EUR -
AED 4.262403
AFN 76.025626
ALL 96.706321
AMD 441.328845
ANG 2.077613
AOA 1063.133711
ARS 1659.11928
AUD 1.728665
AWG 2.089127
AZN 1.977672
BAM 1.955928
BBD 2.340453
BDT 142.129289
BGN 1.94912
BHD 0.438129
BIF 3440.324855
BMD 1.160626
BND 1.495898
BOB 8.029525
BRL 6.231637
BSD 1.162076
BTN 105.42589
BWP 15.520014
BYN 3.351319
BYR 22748.266796
BZD 2.337153
CAD 1.615248
CDF 2524.361659
CHF 0.931831
CLF 0.026233
CLP 1029.1158
CNY 8.088228
CNH 8.086597
COP 4282.97993
CRC 567.93712
CUC 1.160626
CUP 30.756585
CVE 110.272207
CZK 24.275825
DJF 206.933525
DKK 7.476176
DOP 74.034839
DZD 150.783855
EGP 54.665573
ERN 17.409388
ETB 181.326851
FJD 2.645651
FKP 0.867382
GBP 0.867304
GEL 3.122537
GGP 0.867382
GHS 12.590823
GIP 0.867382
GMD 85.886726
GNF 10173.664937
GTQ 8.909582
GYD 243.075887
HKD 9.049807
HNL 30.646003
HRK 7.539314
HTG 152.219949
HUF 385.448293
IDR 19625.138678
ILS 3.650289
IMP 0.867382
INR 105.279796
IQD 1522.299495
IRR 48891.364407
ISK 146.216093
JEP 0.867382
JMD 183.381986
JOD 0.82293
JPY 183.605253
KES 149.899797
KGS 101.497177
KHR 4678.305768
KMF 493.266396
KPW 1044.582112
KRW 1710.275495
KWD 0.35745
KYD 0.968363
KZT 594.218837
LAK 25126.642244
LBP 104062.001353
LKR 359.983528
LRD 209.753709
LSL 19.027344
LTL 3.427027
LVL 0.702051
LYD 6.314413
MAD 10.698799
MDL 19.923302
MGA 5400.35296
MKD 61.559023
MMK 2437.404995
MNT 4137.384764
MOP 9.33591
MRU 46.529041
MUR 53.741319
MVR 17.943715
MWK 2015.0317
MXN 20.45708
MYR 4.709244
MZN 74.168321
NAD 19.027344
NGN 1646.731222
NIO 42.762795
NOK 11.716755
NPR 168.681025
NZD 2.017778
OMR 0.446265
PAB 1.162076
PEN 3.904755
PGK 4.964324
PHP 68.976429
PKR 325.215056
PLN 4.222531
PYG 7942.519112
QAR 4.225176
RON 5.093643
RSD 117.34767
RUB 90.267
RWF 1694.310738
SAR 4.351867
SBD 9.428473
SCR 17.764584
SDG 698.120719
SEK 10.70318
SGD 1.495587
SHP 0.87077
SLE 28.029545
SLL 24337.743057
SOS 662.943329
SRD 44.519871
STD 24022.611945
STN 24.501601
SVC 10.167665
SYP 12836.02859
SZL 19.032244
THB 36.455686
TJS 10.801306
TMT 4.073797
TND 3.408323
TOP 2.794508
TRY 50.22899
TTD 7.890516
TWD 36.702515
TZS 2928.391396
UAH 50.390893
UGX 4131.270014
USD 1.160626
UYU 44.972939
UZS 13908.909068
VES 396.139367
VND 30495.444391
VUV 140.624109
WST 3.23838
XAF 655.999875
XAG 0.012922
XAU 0.000253
XCD 3.13665
XCG 2.094337
XDR 0.815853
XOF 655.999875
XPF 119.331742
YER 276.780295
ZAR 19.042575
ZMK 10447.029624
ZMW 23.328525
ZWL 373.721052
  • SCS

    0.0200

    16.14

    +0.12%

  • JRI

    0.1600

    13.7

    +1.17%

  • BCE

    -0.1000

    24.14

    -0.41%

  • NGG

    1.5300

    80.89

    +1.89%

  • RBGPF

    0.0000

    84.04

    0%

  • CMSC

    -0.0700

    23.48

    -0.3%

  • RYCEF

    0.0500

    17.08

    +0.29%

  • GSK

    -0.9000

    48.22

    -1.87%

  • BCC

    -0.7600

    85.51

    -0.89%

  • RIO

    -1.2200

    85.13

    -1.43%

  • VOD

    0.0200

    13.47

    +0.15%

  • BTI

    0.1400

    58.22

    +0.24%

  • RELX

    -0.2200

    41.63

    -0.53%

  • CMSD

    -0.0600

    23.92

    -0.25%

  • AZN

    0.4000

    94.39

    +0.42%

  • BP

    0.2300

    35.38

    +0.65%

Record potato harvest is no boon in fries-mad Belgium
Record potato harvest is no boon in fries-mad Belgium / Photo: Nicolas TUCAT - AFP

Record potato harvest is no boon in fries-mad Belgium

Fries powerhouse Belgium is in for a record potato harvest this year -- but that's hardly cause for celebration for farmers who face a slump in prices partially driven by a crunch in exports.

Text size:

With almost all potatoes plucked from the ground, the European nation is set to produce about five million tonnes of the tubers, up 11 percent on 2024 and just short of half a tonne per inhabitant, according to farming group Belpotato.

The milestone comes on the back of a steady rise in potato-farmed land fuelled by the country's world-beating frozen fries industry, which is now feeling the pinch of US tariffs and growing competition from Asia.

"We are at a tipping point," Belpotato's secretary Pierre Lebrun told AFP. "Global markets have been buying fewer European fries".

Fried potatoes are a national dish and symbol of pride in Belgium.

Dotted by "friteries" or "frituren" -- diners specialising in the stuff with names like Fritapapa and Frit'city -- the country has turned its taste for fried sticks into a huge commercial success.

The industry has expanded rapidly over the past decade, and Belgium is currently Europe's biggest producer and the world's largest peddler of what the British call chips.

In 2024 the country exported more than three billion euros ($3.5 billion) worth of cooked and frozen potato products, a three-fold increase on 2015, according to European Union data agency Eurostat.

A steady global appetite and a fast-food boom in Asia and the Middle East have spurred investments, said Christophe Vermeulen, the head of trade group CEO Belgapom.

"As a commodity, fries are always very popular. When the population grows and the middle class grows, the demand for fries grows as well," said Vermeulen.

"And obviously every time something fast food-ish opens in the world, they need fries."

- 'Reset mode' -

As factories sought to churn out more and more fries, potato prices reached a historic high over the past couple of years -- spurring a farming craze.

Farmers bought more land or rented it out from neighbours to plant potatoes, said Lebrun.

Producers in Belgium, France, the Netherlands and Germany, which also supply Belgian fries manufacturers, added 40,000 hectares to their plots this year, a seven-percent increase on 2024, according to industry figures.

A similar hike was recorded the previous year.

It seemed "the sky was the limit", Lebrun said.

But the situation has now come to a head.

Frozen fries-makers -- who eat up the lion's share of Belgian potatoes -- have been hit by a triple whammy of import tariffs in key market the United States, a strong euro hurting exports and the emergence of rivals in India, China and Egypt, said Vermeulen.

Frozen fries exports were down 6.1 percent in the year ending June 30, industry figures show.

Most potatoes are sold through seasonal contracts agreed before the harvest. On the the so-called free market however -- where the remainder are sold -- record production has sent prices crashing to about 15 euros a tonne.

That is down from the peak they hit last year of about 600 euros.

"It's going to be a difficult year," Baudouin Dewulf, a grizzled farmer in Geer, eastern Belgium, said. He lamented the "saturated market" as a harvester loaded an avalanche of potatoes onto a truck in a field behind him.

While seasonal contracts with fries manufacturers are protecting the income of many farmers, some will have to rethink their investments and brace for tough negotiations next year.

"The Belgian potato industry is in a reset mode," said Vermeulen.

U.Ptacek--TPP