U.S. - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Chips Prices in the United States
U.S. Potato Chips Export Price per Ton in August 2022
In August 2022, the potato chips price per ton stood at $3.3K (FOB, US), approximately mirroring the previous month. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 3% month-to-month. The export price peaked at $3.4K per ton in April 2022; however, from May 2022 to August 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2022, the country with the highest price was Qatar ($5.5K per ton), while the average price for exports to Malaysia ($2.0K per ton) was amongst the lowest.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
U.S. Potato Chips Exports
In August 2022, potato chips exports from the United States amounted to 9.7K tons, growing by 3% compared with July 2022. Overall, total exports indicated a buoyant increase from January 2022 to August 2022: its volume increased at an average monthly rate of +8.3% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports increased by +75.2% against January 2022 indices. The most prominent rate of growth was recorded in March 2022 when exports increased by 28% m-o-m. The exports peaked in August 2022.
In value terms, potato chips exports expanded slightly to $32M (IndexBox estimates) in August 2022. In general, total exports indicated resilient growth from January 2022 to August 2022: its value increased at an average monthly rate of +8.6% over the last seven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, exports increased by +77.8% against January 2022 indices. The most prominent rate of growth was recorded in March 2022 when exports increased by 27% month-to-month. Over the period under review, the exports hit record highs in August 2022.
U.S. Potato Chips Exports by Country
Canada (5.1K tons) was the main destination for potato chips exports from the United States, accounting for a 53% share of total exports. Moreover, potato chips exports to Canada exceeded the volume sent to the second major destination, Mexico (1.5K tons), fourfold. The United Arab Emirates (526 tons) ranked third in terms of total exports with a 5.4% share.
From January 2022 to August 2022, the average monthly growth rate of volume to Canada stood at +10.5%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+3.6% per month) and the United Arab Emirates (+25.1% per month).
In value terms, Canada ($16M) remains the key foreign market for potato chips exports from the United States, comprising 49% of total exports. The second position in the ranking was taken by Mexico ($3.4M), with a 10% share of total exports. It was followed by the United Arab Emirates, with an 8.5% share.
From January 2022 to August 2022, the average monthly growth rate of value to Canada amounted to +9.9%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Mexico (+3.7% per month) and the United Arab Emirates (+22.0% per month).
This report provides an in-depth analysis of the potato chips market in the U.S.. 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 10311430 - Potatoes prepared or preserved in the form of flour, meal or flakes (excluding frozen, crisps, by vinegar or acetic acid)
- Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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The U.S. recorded growth in overseas purchases of potato chips, which increased by 54% to 88K tons in 2020. Total imports indicated a remarkable increase from 2010 to 2020: its volume increased at an average annual rate of +8.0% per year. In value terms, supplies amounted to $227M in 2020.
618
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