Bangladesh: Preserved Frozen Potato Market 2025

Preserved Frozen Potato Market Size in Bangladesh

After two years of decline, the Bangladeshi preserved frozen potato market increased by 29% to $X in 2021. Over the period under review, consumption recorded a buoyant expansion. Preserved frozen potato consumption peaked at $X in 2018; afterwards, it flattened through to 2021.

Preserved Frozen Potato Exports

Exports from Bangladesh

In 2021, overseas shipments of frozen potatoes prepared or preserved increased by 266% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 363% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved frozen potato exports soared to $X in 2021. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by 527% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Italy (X tons), Brunei Darussalam (X tons) and India (X tons) were the main destinations of preserved frozen potato exports from Bangladesh, with a combined 58% share of total exports. These countries were followed by Saudi Arabia, the UK, Sweden, Malaysia, Kuwait and the United Arab Emirates, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +38.5%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), India ($X) and Italy ($X) were the largest markets for preserved frozen potato exported from Bangladesh worldwide, with a combined 62% share of total exports.

The UK, with a CAGR of +26.9%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination 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, stabilizing at the previous year. Over the period under review, the export price showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 an increase of 36% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Kuwait ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports into Bangladesh

In 2021, overseas purchases of frozen potatoes prepared or preserved were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of 69%. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, preserved frozen potato imports soared to $X in 2021. Over the period under review, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Belgium (X tons), the Netherlands (X tons) and the United States (X tons) were the main suppliers of preserved frozen potato imports to Bangladesh, together accounting for 91% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +36.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved frozen potato suppliers to Bangladesh were Belgium ($X), the Netherlands ($X) and the United States ($X), with a combined 90% share of total imports.

Belgium, with a CAGR of +33.4%, saw the highest growth rate of the value of imports, in terms of 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, shrinking by -4.1% against the previous year. In general, the import price recorded a pronounced contraction. The pace of growth appeared the most rapid in 2019 an increase of 56% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were the United States ($X per ton) and India ($X per ton), while the price for Egypt ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :