Dubai Telegraph - Record potato harvest is no boon in fries-mad Belgium

EUR -
AED 4.18819
AFN 72.986681
ALL 94.093169
AMD 419.336766
ANG 2.041812
AOA 1046.33874
ARS 1689.237159
AUD 1.659493
AWG 2.052756
AZN 1.94463
BAM 1.95365
BBD 2.294415
BDT 140.405512
BGN 1.928314
BHD 0.429516
BIF 3389.081848
BMD 1.14042
BND 1.47354
BOB 7.889319
BRL 5.917526
BSD 1.139217
BTN 107.645086
BWP 15.481423
BYN 3.303807
BYR 22352.23589
BZD 2.291119
CAD 1.622653
CDF 2594.455617
CHF 0.922304
CLF 0.026717
CLP 1051.512997
CNY 7.747957
CNH 7.749845
COP 3928.462479
CRC 516.717864
CUC 1.14042
CUP 30.221135
CVE 110.143809
CZK 24.253544
DJF 202.861456
DKK 7.474285
DOP 67.74368
DZD 152.01573
EGP 56.112895
ERN 17.106303
ETB 183.659588
FJD 2.566291
FKP 0.864276
GBP 0.861456
GEL 3.01051
GGP 0.864276
GHS 12.884823
GIP 0.864276
GMD 83.816709
GNF 9987.098794
GTQ 8.691399
GYD 238.297802
HKD 8.944589
HNL 30.487722
HRK 7.533841
HTG 148.893562
HUF 354.549819
IDR 20408.959872
ILS 3.407063
IMP 0.864276
INR 107.959005
IQD 1492.351426
IRR 1569218.193112
ISK 143.989507
JEP 0.864276
JMD 179.376341
JOD 0.808589
JPY 184.93172
KES 147.661924
KGS 99.729769
KHR 4580.879333
KMF 492.661826
KPW 1026.378578
KRW 1765.353362
KWD 0.353142
KYD 0.949347
KZT 553.126546
LAK 25550.215035
LBP 102013.471253
LKR 383.048456
LRD 207.330965
LSL 18.717313
LTL 3.367364
LVL 0.689829
LYD 7.318755
MAD 10.675554
MDL 20.135315
MGA 4847.708586
MKD 61.633119
MMK 2394.482869
MNT 4082.621573
MOP 9.202834
MRU 45.464779
MUR 53.87344
MVR 17.631033
MWK 1975.443746
MXN 19.951315
MYR 4.635352
MZN 72.815319
NAD 18.717313
NGN 1574.15682
NIO 41.924238
NOK 11.340258
NPR 172.227967
NZD 2.019211
OMR 0.438486
PAB 1.139246
PEN 3.890319
PGK 5.001563
PHP 69.920269
PKR 316.774443
PLN 4.289009
PYG 6937.184543
QAR 4.152613
RON 5.24217
RSD 117.382277
RUB 87.817385
RWF 1672.301315
SAR 4.279379
SBD 9.197535
SCR 15.304587
SDG 684.834289
SEK 11.091419
SGD 1.475214
SHP 0.851439
SLE 28.279206
SLL 23914.045531
SOS 651.060804
SRD 42.759486
STD 23604.395609
STN 24.473394
SVC 9.967945
SYP 126.053037
SZL 18.712754
THB 37.921829
TJS 10.560434
TMT 4.002875
TND 3.374372
TOP 2.745859
TRY 53.204252
TTD 7.744275
TWD 36.363447
TZS 2993.60643
UAH 51.128392
UGX 4175.405811
USD 1.14042
UYU 45.839764
UZS 13729.832902
VES 709.619078
VND 30002.744791
VUV 135.91446
WST 3.171375
XAF 655.241785
XAG 0.019835
XAU 0.000287
XCD 3.082043
XCG 2.053123
XDR 0.814911
XOF 655.218828
XPF 119.331742
YER 272.101636
ZAR 18.764075
ZMK 10265.153548
ZMW 20.624764
ZWL 367.214839
  • CMSC

    0.1300

    22.06

    +0.59%

  • GSK

    0.3100

    52.81

    +0.59%

  • BCC

    -1.7600

    79.26

    -2.22%

  • BCE

    -0.6600

    22.26

    -2.96%

  • RIO

    0.5500

    94.29

    +0.58%

  • CMSD

    0.1300

    21.9

    +0.59%

  • NGG

    0.7500

    83.76

    +0.9%

  • RBGPF

    0.6100

    65.61

    +0.93%

  • BTI

    -0.0200

    62.74

    -0.03%

  • AZN

    2.5400

    190.95

    +1.33%

  • RYCEF

    0.2900

    18.68

    +1.55%

  • JRI

    0.0700

    12.86

    +0.54%

  • VOD

    -0.2000

    13.69

    -1.46%

  • RELX

    -0.0500

    31.29

    -0.16%

  • BP

    0.2200

    37.35

    +0.59%

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.

K.Al-Zaabi--DT