News May 2020, North America, Organizations in the News, Pressreleases, Promotion/Marketing, Trade/Markets/Prices, Trends

US potato exports begin to slow

The world-wide coronavirus pandemic is impacting U.S. potato exports, as seen in the figures for March, according to Potatoes USA. In a press release issued today, the organization says U.S. exports of frozen potato products were off 12% in March 2020 compared to 2019. Exports of dehydrated potatoes were off 16%, and fresh were off 13% from the previous year.

However, due to a strong first eight months of the July 2019 – June 2020 marketing year, the July 2019 – March 2020 figures are still positive. Frozen exports at 803,162 metric tons are up 8%; dehydrated exports at 134,814 MT are up 4%, while fresh exports for direct consumption as well as processing, are up 5% to 377,408 MT.

The growth in year-to-date frozen exports was led by a 26% increase to the second-largest market, Mexico. Much of this growth has to do with the removal of the 20% retaliatory tariff imposed in 2018 and removed in June 2019. The continued growth of 2% in exports to Japan, the largest market, is very important to the overall figures.

There has also been very strong growth to the Philippines at 22%, Thailand at 20%, and Central America at 8%.

The ratification of the EU – Vietnam free trade agreement, which exempts the EU from the 13% tariff applied to the U.S. product, has switched that market from one of positive growth for the U.S. through December to a decline of 8% through March.

All markets in Asia, with the exceptions of Thailand and Indonesia, were down 10% or more for March.

U.S. exports of dehydrated potatoes for the July 2019 – March 2020 period were bolstered by gains to Mexico, Canada, Europe, and the United Arab Emirates. Exports are down to most markets in Asia, except the Philippines and Indonesia, with significant declines in March.

Fresh potato exports to Mexico and Canada are very different from exports to Mexico down 7% year to date but up 10% in March. The opposite is true with Canada, where exports are still up 17% year to date despite a 29% decline in March. It is expected that exports to Canada will continue to decline as the excess of potatoes there for processing into fries will prevent any imports from the U.S. The only caveat is a possible influx for chipping potatoes to make up for shortfalls in that sector.

Fresh exports to Asia are off 2% for the marketing year but were down 15% in March.

Source: Potatoes USA
Photo: WSU Foundation

Stockosorb 660 from Eco+

Lukie Pieterse, Editor and Publisher

[email protected]
[email protected]
Connect with me on LinkedIn
Follow me on Twitter
Visit Potato News Today on Facebook
Find us on Tumblr
About us
You are most welcome to send me potato news about your company, project, organization, country and more, folks! I’d be happy to spread the word.

SoilEssentials – TuberZone

Tolsma

Tomra Food

Parkland

Haith

Volm Companies

Greentronics

Receive breaking potato news in your inbox

Folks, you are most welcome to share your email address with us - and follow us - if you want to receive an email as soon as we publish a breaking news item on Potato News Today. Please be assured: We will NOT misuse or share your email address with third parties at all.

Most read stories the past 24 hours

Influencing potato tuber numbers
Aussie potato growers spitting chips over European fries dumping threat
Lamb Weston returns part of 2019 crop to growers
The future of drones in farming
World Potato Markets: Assessing a season like no other
Belgapom explains why early potatoes from the Mediterranean are in supermarkets now
COVID-19: Major impact on Idaho seed potato grower
Tips on effective use of maleic hydrazide in potatoes
Potatoes NZ reacts to reported 'record high prices' for spuds
Frost causes severe damage to early potato crops in Ireland

Archive of monthly posts

Loyal readers from around the world – thank you for visiting Potato News Today! Stats below…

  • 602,341