The month of March was also a record month for French fries export. In recent months, the market has been fed with rumors of an increase in the stock of French fries in the EU. But how much truth is there in these rumours?
The greater processing capacity and lower demand outside Europe would ensure full cold stores. However, the figures give a different picture. This shows that the chip export train is still running at full steam and full speed ahead.
Records broken again
The month of March once again set records in the sales of fries. Exports amounted to just under 140.000 tons, an increase of 13,6 percent compared to last year. Moreover, it is the largest export ever. The large volumes in March also set a new record for the 12-month period. It now stands at over 1,4 million tons. The figures also show that there has even been a price increase in the pre-baked product.
This price increase ensured that another record was broken. This time by breaking the 100 million euro barrier for the first time.
Impossible task?
Staggering figures that do not show any slackening of chip sales and therefore raise the question of how the processing industry in Europe will reach the end of the season. The solution to build up the stock of pre-baked product is a proven method. However, this seems almost impossible given the demand for fries.
The brake is missing
The processing figures and export figures send a clear signal, namely that (despite the lower potato yield in Europe) there is no brake on the processing and sales of fries. The higher potato prices also do not slow down sales.