potato cultivation

Serbia’s potato processing sector struggles amid high costs and import competition

Over the past four years, Serbia’s potato processing and canning industry has seen profits collapse from 32.8 million dinars in 2021 to a loss of 419,000 dinars. Analysts cite several key reasons for the decline. High production costs are a major factor, with cultivation expenses reaching up to €5,000 per hectare. Rising prices for fuel, fertilizers, and energy further strain farmers and processors. Storage losses are also significant, with 70,000–80,000 tons of potatoes spoiling annually due to inadequate warehouses. Import…