The Japan Times - Record potato harvest is no boon in fries-mad Belgium

EUR -
AED 4.244563
AFN 73.954261
ALL 96.19808
AMD 435.820975
ANG 2.068501
AOA 1059.624051
ARS 1597.518135
AUD 1.674929
AWG 2.081405
AZN 1.963518
BAM 1.97127
BBD 2.326266
BDT 141.712131
BGN 1.975164
BHD 0.436231
BIF 3425.001048
BMD 1.155533
BND 1.491102
BOB 7.980631
BRL 6.001952
BSD 1.154969
BTN 109.904511
BWP 15.93304
BYN 3.434655
BYR 22648.454971
BZD 2.322829
CAD 1.607659
CDF 2640.393566
CHF 0.92385
CLF 0.027117
CLP 1070.729218
CNY 7.967059
CNH 7.958734
COP 4257.25088
CRC 537.016734
CUC 1.155533
CUP 30.621636
CVE 110.786755
CZK 24.550483
DJF 205.361016
DKK 7.472812
DOP 69.446814
DZD 153.961114
EGP 63.004535
ERN 17.333001
ETB 181.476507
FJD 2.584581
FKP 0.875939
GBP 0.873683
GEL 3.107907
GGP 0.875939
GHS 12.71075
GIP 0.875939
GMD 85.509227
GNF 10139.80616
GTQ 8.837392
GYD 241.707926
HKD 9.059439
HNL 30.734875
HRK 7.535582
HTG 151.589648
HUF 384.064673
IDR 19585.482543
ILS 3.647499
IMP 0.875939
INR 108.024521
IQD 1513.748776
IRR 1520537.534597
ISK 143.405264
JEP 0.875939
JMD 182.723985
JOD 0.819303
JPY 183.482554
KES 150.21911
KGS 101.051469
KHR 4633.689537
KMF 495.149978
KPW 1039.950807
KRW 1740.164148
KWD 0.357672
KYD 0.962453
KZT 550.278486
LAK 25363.958791
LBP 103430.761926
LKR 364.361016
LRD 212.242573
LSL 19.725255
LTL 3.41199
LVL 0.69897
LYD 7.401192
MAD 10.79557
MDL 20.454523
MGA 4827.819041
MKD 61.63945
MMK 2426.040195
MNT 4126.420078
MOP 9.326128
MRU 46.348211
MUR 54.449049
MVR 17.876734
MWK 2007.161566
MXN 20.726229
MYR 4.678801
MZN 73.896662
NAD 19.725052
NGN 1601.257711
NIO 42.443197
NOK 11.194779
NPR 175.847016
NZD 2.011898
OMR 0.444272
PAB 1.154964
PEN 4.039717
PGK 5.073108
PHP 69.786128
PKR 322.629123
PLN 4.2909
PYG 7481.715145
QAR 4.210766
RON 5.099253
RSD 117.436879
RUB 93.945797
RWF 1687.078789
SAR 4.336691
SBD 9.292843
SCR 16.243316
SDG 694.475647
SEK 10.942555
SGD 1.486131
SHP 0.866949
SLE 28.368569
SLL 24230.970494
SOS 660.389749
SRD 43.186939
STD 23917.208717
STN 25.103963
SVC 10.106357
SYP 127.750061
SZL 19.725097
THB 37.68172
TJS 11.070378
TMT 4.055922
TND 3.385265
TOP 2.782247
TRY 51.368949
TTD 7.846613
TWD 36.921606
TZS 2990.879841
UAH 50.741328
UGX 4348.142247
USD 1.155533
UYU 46.857731
UZS 14092.232731
VES 546.888371
VND 30436.750201
VUV 139.060756
WST 3.199988
XAF 661.14555
XAG 0.015378
XAU 0.000247
XCD 3.122887
XCG 2.081536
XDR 0.821529
XOF 659.23284
XPF 119.331742
YER 275.768001
ZAR 19.54588
ZMK 10401.190063
ZMW 22.077258
ZWL 372.081289
  • RBGPF

    -13.5000

    69

    -19.57%

  • CMSC

    -0.4028

    21.9

    -1.84%

  • CMSD

    -0.4000

    22.1

    -1.81%

  • BCC

    0.9000

    75.85

    +1.19%

  • BCE

    0.0100

    25.24

    +0.04%

  • JRI

    0.3800

    12.3

    +3.09%

  • RIO

    4.4700

    93.29

    +4.79%

  • BTI

    0.2100

    58.47

    +0.36%

  • NGG

    0.9100

    84.6

    +1.08%

  • GSK

    0.9600

    55.19

    +1.74%

  • RYCEF

    0.7600

    15.05

    +5.05%

  • RELX

    0.4000

    33.15

    +1.21%

  • VOD

    0.3200

    15.02

    +2.13%

  • AZN

    3.3400

    197.22

    +1.69%

  • BP

    -0.3500

    47

    -0.74%

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.

H.Takahashi--JT