Austria: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Austria

For the third year in a row, the Austrian preserved frozen potato market recorded decline in sales value, which decreased by -14.1% to $X in 2021. In general, consumption continues to indicate a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Preserved Frozen Potato Production in Austria

In value terms, preserved frozen potato production rose modestly to $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. The growth pace was the most rapid in 2014 when the production volume increased by 51% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Preserved Frozen Potato Exports

Exports from Austria

In 2021, overseas shipments of frozen potatoes prepared or preserved were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total exports indicated a noticeable increase from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when exports increased by 57%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, preserved frozen potato exports skyrocketed to $X in 2021. Overall, total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 57%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in years to come.

Exports by Country

Italy (X tons), Romania (X tons) and the Netherlands (X tons) were the main destinations of preserved frozen potato exports from Austria, together comprising 71% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +29.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved frozen potato exported from Austria were Italy ($X), the Netherlands ($X) and Romania ($X), together comprising 72% of total exports.

In terms of the main countries of destination, the Netherlands, with a CAGR of +32.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average preserved frozen potato export price amounted to $X per ton, rising by 5.3% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 9.8% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to the Netherlands ($X per ton) and Germany ($X per ton), while the average price for exports to Hungary ($X per ton) and Slovenia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+2.2%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports into Austria

In 2021, overseas purchases of frozen potatoes prepared or preserved decreased by -4.9% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 with an increase of 19% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved frozen potato imports declined modestly to $X in 2021. Over the period under review, total imports indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.5% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 26%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of preserved frozen potato imports to Austria, with a combined 97% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +11.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest preserved frozen potato suppliers to Austria were the Netherlands ($X), Germany ($X) and Belgium ($X), together comprising 97% of total imports.

Germany, with a CAGR of +12.0%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved frozen potato import price stood at $X per ton in 2021, flattening at the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 12% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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