Potato Journal

  • Year: 2010
  • Volume: 37
  • Issue: 1and2

Past, present and future of world potato markets: an overview*

  • Author:
  • J.F. Guenthner
  • Total Page Count: 8
  • DOI:
  • Page Number: 1 to 8

University of Idaho, Moscow, Idaho 83844-2334. E-mail: jguenthner@uidaho.edu.

Abstract

Based on a literature review and analysis of trends the author makes some predictions. First, the global potato industry will expand until at least 2020. Second, growth will be most rapid in less developed countries (LDC). Third, fresh and processed potato usage will increase while seed use declines. Fourth, the inelastic demand for fresh potatoes will continue to cause price volatility. Fifth, new technology including GM potatoes will ultimately be accepted in global markets.