Canada - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCanada's October 2023 Potato Exports Increase Modestly, Reaching $159M
Canada Frozen Potato Exports
In October 2023, shipments abroad of frozen potatoes increased by 12% to 117K tons, rising for the second consecutive month after two months of decline. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 when exports increased by 14% m-o-m.
In value terms, frozen potato exports rose notably to $159M (IndexBox estimates) in October 2023. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in March 2023 with an increase of 15% m-o-m.
| COUNTRY | Export Value of Frozen Potato in Canada (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | |
| United States | 135 | 130 | 121 | 139 | 128 | 144 | 143 | 145 | 150 | 138 | 122 | 135 | 142 |
| Mexico | 3.7 | 4.1 | 3.7 | 3.9 | 1.1 | 4.1 | 3.9 | 4.1 | 3.6 | 3.0 | 3.3 | 1.7 | 4.5 |
| Others | 11.6 | 13.5 | 10.1 | 9.5 | 8.9 | 10.2 | 10.8 | 10.7 | 10.7 | 9.5 | 9.6 | 8.7 | 11.8 |
| Total | 151 | 148 | 135 | 152 | 138 | 158 | 158 | 160 | 165 | 151 | 135 | 146 | 159 |
Exports by Country
The United States (101K tons) was the main destination for frozen potato exports from Canada, accounting for a 87% share of total exports. Moreover, frozen potato exports to the United States exceeded the volume sent to the second major destination, Mexico (4.3K tons), more than tenfold.
From October 2022 to October 2023, the average monthly growth rate of volume to the United States was relatively modest.
In value terms, the United States ($142M) remains the key foreign market for frozen potato exports from Canada, comprising 90% of total exports. The second position in the ranking was taken by Mexico ($4.5M), with a 2.8% share of total exports.
From October 2022 to October 2023, the average monthly rate of growth in terms of value to the United States was relatively modest.
Exports by Type
Frozen potatoes prepared or preserved (117K tons) was the largest type of frozen potato exported from Canada, accounting for a 99.9% share of total exports. It was followed by frozen boiled potatoes (36 tons), with less than 0.1% share of total exports.
From October 2022 to October 2023, the average monthly growth rate of the volume of export of frozen potatoes prepared or preserved was relatively modest.
In value terms, frozen potatoes prepared or preserved ($159M) remains the largest type of frozen potato exported from Canada, comprising 99.9% of total exports. The second position in the ranking was held by frozen boiled potatoes ($55K), with less than 0.1% share of total exports.
From October 2022 to October 2023, the average monthly growth rate of the export volume of frozen potatoes prepared or preserved was relatively modest.
Export Prices by Country
In October 2023, the frozen potato price stood at $1,356 per ton (FOB, Canada), shrinking by -2.9% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 5.1% against the previous month. As a result, the export price attained the peak level of $1,396 per ton, and then shrank slightly in the following month.
Average prices varied somewhat for the major external markets. In October 2023, the country with the highest price was the United States ($1,408 per ton), while the average price for exports to Mexico ($1,041 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+0.8%), while the prices for the other major destinations experienced more modest paces of growth.
This report provides an in-depth analysis of the frozen potato market in Canada. 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 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
- 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- 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 -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
