Seed, Trade/Markets/Prices, Trends

A new spud in town: Seed potato trade in a post-Brexit world

After Brexit, EU seed potato producers are set to increase their market share against UK producers. But how much EU producers will benefit depends on how quickly the UK can establish new trade deals. North-western Europe is an important region for providing seed potatoes to Middle-Eastern and African markets. EU members benefit from free-trade agreements that give preferential access to European seed potatoes entering countries such as Egypt and Morocco. Since the UK will no longer be part of the EU post-Brexit, it’s highly likely that the UK will not be able to trade under current EU trade agreements. If no new trade agreements have been agreed on before the UK leaves the EU, UK trade flows will fall under WTO rules. The standard WTO import tariff for seed potatoes is 4.5%, but import tariffs can be as high as Morocco’s 40% tariff on seed potato imports. More

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