Skip to main content

Potato price forecast - Sell potato immediately upon harvest

Sell potato immediately upon harvest

Potato is the third most important food crop in the world which is consumed by more than a billion people. The demand for potato is much higher worldwide and will increase in the future especially from developing nations. Food and Agriculture Organization of UN has declared potato as 'Food for future'. India is the second largest producer and has one of the largest consumers of potato with more than 10 per cent share in the world potato production after China, which was share of 22 per cent.

India produced 447 lakh tonnes of potato from an area of 19.65 lakh hectares in 2012-13. Uttar Pradesh, West Bengal, Bihar, Assam, Madhya Pradesh, Punjab and Gujarat accounted for 85 per cent share in total area and production in 2012-13. The area and production of potato were 47.5 thousand hectares and 504.1thousand tonnes, respectively in Karnataka during 2012-13. Most of the potato produced in the country is consumed within the country witha little export mainly to neighbouring countries such as Pakistan, Nepal and Bangladesh.

The top five producers in the world are China (74.8 mMT), India (41.565 mMT), Russia (21.1 mMT), Ukraine (18.7 mMT) and US (18.3 mMT). India has exported about 11.14 lakh tonnes of potato in 2012-2013, which is 13 per cent more than that of 2011-12. The major potato growing districts in Karnataka are Hassan (more than 41%), Chikkaballapura, Chikmagalore, Belgaum, Dharwad, Bangalore Rural and Kolar.

Potato is sown in India in Kharif and Rabi seasons. Kharif produce is available in the market from August to October, which accounts for 15 to 20%. From mid-December to mid-April Rabi produce is available in the market which accounts for 80 to 85%. Only, the rabi potato is stored till November and is made available steadily for domestic as well as export markets.

The demand for potato increased due to its substitution for other costly vegetables, while pointing out disruption in the supply of vegetables because of delayed summer and late rainfall during September-October 2013.At the same time, the high temperature during these months adversely affected the yield of new pre-mature harvested potato crop. High potato prices during November have prompted the farmers to harvest pre-mature potato from larger area. Therefore, the supply of main crop during February 2014 onwards may be tightened which will put upward pressure on potato prices.

            Keeping in view of the above factors, Agricultural Market Intelligence Centre, UAS Bangalore collected data on potato prices that prevailed in Chikkaballapur market for the last eleven years & econometric analysis was carried out to predict the prices of potato for the next three months. The results of the analysis revealed that the farm prices are expected to be Rs. 1500-1600 per quintal in the month of January 2014, Rs. 1450-1550 in the month of February 2014 and Rs. 1300-1400 in March 2014. Hence, farmers are recommended to sell the produce upon harvest.  


Dr.C.P.Gracy, Jyoti Naik, Nagashree,N.

Department of Agricultural marketing co-operation and business Management

    UAS, GKVK, Bangalore-65

Your rating: None

Please note that this is the opinion of the author and is Not Certified by ICAR or any of its authorised agents.