Potato Price: Growth Factors and Ways to Reduce

Denis S. Ternovskiy – Leading Researcher of the Russian Presidential Academy of National Economy and Public Administration, Doctor of Economic Sciences, Associate Professor (Moscow, Russia). E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Natalia I. Shagaida – Director of Center for Agro-Food Policy of the Russian Presidential Academy of National Economy and Public Administration; Head of Agricultural Policy Department of the Gaidar Institute for Economic Policy, Doctor of Economic Sciences, Associate Professor (Moscow, Russia). Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Since the end of 2020, the price of potatoes has sharply increased in Russia. The growth is associated with structural changes in production and a high level of world prices for crop products competing with potatoes for acreage. The increase in the cost in late winter and early summer is associated with the import of new potatoes, the price of which always differs from the prices of the last harvest and depends, among other things, on the ruble exchange rate.

Key words: potatoes, price for potatoes, potatoes output, potato acreage, profitability of potato production.

JEL-сodes: Q18, Q11, D12, D13.