Flakes; of Potatoes Price in India - 2023
Contents:
- Flakes; of Potatoes Price in India (FOB) - 2023
- Flakes; of Potatoes Price in India (CIF) - 2023
- Flakes; of Potatoes Exports in India
- Flakes; of Potatoes Imports in India
Flakes; of Potatoes Price in India (FOB) - 2023
In July 2023, the average flakes; of potatoes export price amounted to $1,900 per ton, which is down by -4.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.3%. The most prominent rate of growth was recorded in January 2023 an increase of 19% m-o-m. Over the period under review, the average export prices attained the maximum at $1,981 per ton in June 2023, and then fell slightly in the following month.
Average prices varied somewhat for the major export markets. In July 2023, the countries with the highest prices were the United States ($2,091 per ton) and Japan ($2,050 per ton), while the average price for exports to Lebanon ($1,571 per ton) and the Philippines ($1,709 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Flakes; of Potatoes Price in India (CIF) - 2023
The average flakes; of potatoes import price stood at $1,602 per ton in July 2023, picking up by 16% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 37% month-to-month. Over the period under review, average import prices attained the maximum at $1,768 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($2,752 per ton), while the price for Bangladesh stood at $1,169 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Flakes; of Potatoes Exports in India
In 2022, the amount of flakes; of potatoeses exported from India surged to 15K tons, with an increase of 110% on 2021. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 129%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, flakes; of potatoes exports soared to $22M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Flakes; of Potatoes in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 2.4 | 1.4 | 4.0 | 9.1 | 55.9% |
| Japan | 0.3 | 0.4 | 1.0 | 3.5 | 126.8% |
| Indonesia | 1.2 | 0.6 | 0.4 | 2.0 | 18.6% |
| Philippines | N/A | N/A | 0.9 | 1.9 | 111.1% |
| Israel | 0.5 | 0.1 | 0.7 | 1.5 | 44.2% |
| Thailand | 0.9 | 0.6 | 0.7 | 1.1 | 6.9% |
| United States | 0.1 | N/A | N/A | 0.5 | 71.0% |
| Oman | 0.4 | 0.3 | 0.3 | 0.1 | -37.0% |
| Pakistan | 0.7 | N/A | N/A | N/A | 0% |
| Others | 1.0 | 0.6 | 0.8 | 2.3 | 32.0% |
| Total | 7.5 | 4.2 | 8.7 | 21.8 | 42.7% |
Top Export Markets for Flakes; of Potatoes from India in 2022:
- Oman (undefinedK tons)
- Malaysia (6.5K tons)
- Japan (2.2K tons)
- Philippines (1.4K tons)
- Indonesia (1.3K tons)
- Israel (1.1K tons)
- Thailand (0.8K tons)
- United States (0.3K tons)
Flakes; of Potatoes Imports in India
In 2022, approx. 925 tons of flakes; of potatoeses were imported into India; with an increase of 106% compared with 2021. In general, imports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 112%. As a result, imports reached the peak of 1.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, flakes; of potatoes imports skyrocketed to $1.1M in 2022. Over the period under review, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 149%. As a result, imports reached the peak of $1.9M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Flakes; of Potatoes in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 618 | 236 | 408 | 927 | 14.5% |
| Poland | N/A | 65.2 | N/A | 65.2 | 0.0% |
| Germany | 1.5 | 28.8 | 29.6 | 51.6 | 225.2% |
| Netherlands | 16.7 | 103 | 1.1 | 29.5 | 20.9% |
| Turkey | N/A | N/A | N/A | 29.3 | 0% |
| Belgium | 11.5 | 863 | N/A | N/A | 7404.3% |
| Malaysia | 31.6 | 522 | 19.9 | N/A | -20.6% |
| Iran | 61.6 | N/A | N/A | N/A | 0% |
| Others | 10.3 | 50.3 | 1.4 | 0.1 | -78.7% |
| Total | 751 | 1,869 | 460 | 1,102 | 13.6% |
Top Suppliers of Flakes; of Potatoes to India in 2022:
- Bangladesh (825.8 tons)
- Germany (35.0 tons)
- Turkey (22.0 tons)
- Poland (22.0 tons)
- Netherlands (20.0 tons)
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