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World - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Frozen Potato Market
The global market for frozen potatoes prepared or preserved is forecasted to continue growing with an anticipated CAGR for both consumption volume and market value from 2022 to 2030. The article analyzes trends in consumption, production, imports, and exports, highlighting key countries' performance in the market. In 2022, the market saw fluctuations in consumption, production, imports, and exports, with notable growth rates in certain countries. The article provides detailed insights into trends and growth patterns in the global market for frozen potatoes prepared or preserved.
Market Forecast
Driven by increasing demand for frozen potatoes prepared or preserved worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.4% for the period from 2022 to 2030, which is projected to bring the market volume to 29M tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +4.8% for the period from 2022 to 2030, which is projected to bring the market value to $39.6B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Frozen Potatoes (Prepared Or Preserved)
In 2022, approx. 24M tons of frozen potatoes prepared or preserved were consumed worldwide; with a decrease of -5.9% against 2021. The total consumption volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak volume of 25M tons, and then shrank in the following year.
The global preserved frozen potato market revenue contracted to $27.2B in 2022, reducing by -1.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the global market attained the peak level at $27.7B in 2021, and then fell modestly in the following year.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (5.5M tons), the United States (3M tons) and India (2.2M tons), with a combined 45% share of global consumption. The UK, Russia, Brazil, Germany, Turkey, France, Iran, Ethiopia, Egypt and Japan lagged somewhat behind, together accounting for a further 30%.
From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +4.3%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, China ($7B) led the market, alone. The second position in the ranking was taken by the United States ($3.5B). It was followed by India.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +2.9%. In the other countries, the average annual rates were as follows: the United States (+1.5% per year) and India (+2.0% per year).
In 2022, the highest levels of preserved frozen potato per capita consumption was registered in the UK (18 kg per person), followed by the United States (9 kg per person), Russia (8.5 kg per person) and France (7.7 kg per person), while the world average per capita consumption of preserved frozen potato was estimated at 3 kg per person.
In the UK, preserved frozen potato per capita consumption increased at an average annual rate of +1.3% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of per capita consumption growth: the United States (+0.6% per year) and Russia (+2.4% per year).
Production
World Production of Frozen Potatoes (Prepared Or Preserved)
In 2022, the amount of frozen potatoes prepared or preserved produced worldwide dropped to 24M tons, declining by -5.4% compared with the previous year's figure. The total output volume increased at an average annual rate of +2.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when the production volume increased by 16%. As a result, production attained the peak volume of 26M tons, and then shrank in the following year.
In value terms, preserved frozen potato production shrank slightly to $25.1B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 18% against the previous year. Global production peaked at $26.1B in 2021, and then fell slightly in the following year.
Production By Country
The countries with the highest volumes of production in 2022 were China (5.6M tons), Belgium (3M tons) and the United States (2.6M tons), with a combined 46% share of global production.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Belgium (with a CAGR of +7.4%), while production for the other global leaders experienced more modest paces of growth.
Imports
World Imports of Frozen Potatoes (Prepared Or Preserved)
Global preserved frozen potato imports rose rapidly to 8.6M tons in 2022, surging by 8% on 2021. The total import volume increased at an average annual rate of +4.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 12%. Over the period under review, global imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, preserved frozen potato imports skyrocketed to $10B in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports By Country
In 2022, the United States (1.4M tons), followed by the UK (833K tons), France (609K tons) and Japan (396K tons) were the major importers of frozen potatoes prepared or preserved, together mixing up 37% of total imports. Brazil (364K tons), the Netherlands (364K tons), Germany (357K tons), Italy (305K tons), Mexico (222K tons), Spain (221K tons), Belgium (213K tons), the Philippines (160K tons) and South Korea (151K tons) held a relatively small share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by the Philippines (with a CAGR of +10.4%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest preserved frozen potato importing markets worldwide were the United States ($1.6B), the UK ($944M) and Japan ($644M), together accounting for 32% of global imports. France, Germany, Italy, Brazil, the Netherlands, Mexico, Spain, the Philippines, South Korea and Belgium lagged somewhat behind, together accounting for a further 33%.
Among the main importing countries, the Philippines, with a CAGR of +15.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average preserved frozen potato import price amounted to $1,164 per ton, rising by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($1,626 per ton), while the Netherlands ($889 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+4.7%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Frozen Potatoes (Prepared Or Preserved)
In 2022, global exports of frozen potatoes prepared or preserved expanded rapidly to 9.2M tons, increasing by 8.6% against the year before. The total export volume increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. The global exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, preserved frozen potato exports surged to $10.1B in 2022. In general, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +46.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports By Country
In 2022, Belgium (3.1M tons), distantly followed by the Netherlands (2M tons), Canada (1.3M tons) and the United States (1M tons) were the main exporters of frozen potatoes prepared or preserved, together constituting 80% of total exports. France (411K tons), Germany (334K tons) and Argentina (232K tons) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +7.1%), while the other global leaders experienced more modest paces of growth.
In value terms, the largest preserved frozen potato supplying countries worldwide were Belgium ($3B), the Netherlands ($2.1B) and Canada ($1.6B), together comprising 67% of global exports.
Among the main exporting countries, Belgium, with a CAGR of +9.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average preserved frozen potato export price stood at $1,096 per ton in 2022, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major exporting countries. In 2022, major exporting countries recorded the following prices: in the United States ($1,343 per ton) and Canada ($1,196 per ton), while Belgium ($967 per ton) and Argentina ($1,050 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global preserved frozen potato market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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Explore the top import markets for preserved frozen potato worldwide. Discover key statistics and numbers from IndexBox market intelligence platform.
In value terms, preserved and frozen vegetables imports amounted to $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, vegetable preparations imports amounted to $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remai...
In value terms, vegetable materials and vegetable waste imports amounted to $X in 2016. Overall, it indicated a temperate growth from 2007 to 2016: the total imports value increased at an average a...
In value terms, preserved and frozen vegetables exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the tren...
In value terms, vegetable preparations exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable...
In value terms, vegetable materials and vegetable waste exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicat...
Belgium continued its dominance in the global trade of preserved and frozen vegetable. In 2014, Belgium exported X thousand tons of preserved and frozen vegetables totaling X million USD, X% under the previous year. Its primary trading partne
In 2013, global production of frozen vegetables was estimated at X thousand tons, which was X thousand tons more than in 2012. There was an annual increase of X% in physical terms and X% in value terms over the period 2007-2013.
Explore the top import markets for frozen potato and their key statistics. Learn about the leading countries and their import values in the global frozen potato industry.