Brazil: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Brazil

The Brazilian preserved frozen potato market stood at $X in 2021, surging by 4.3% 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 +5.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Preserved frozen potato consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Preserved Frozen Potato Exports

Exports from Brazil

In 2021, shipments abroad of frozen potatoes prepared or preserved increased by 536% to X tons, rising for the fifth year in a row after two years of decline. Overall, exports recorded a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 4,066%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, preserved frozen potato exports skyrocketed to $X in 2021. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 2,768%. The exports peaked in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Uruguay (X tons) was the main destination for preserved frozen potato exports from Brazil, accounting for a 81% share of total exports. Moreover, preserved frozen potato exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X tons), sixfold. Paraguay (X tons) ranked third in terms of total exports with a 1.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay totaled +70,830.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+160.8% per year) and Paraguay (+4.8% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for frozen potatoes prepared or preserved exports from Brazil, comprising 76% of total exports. The second position in the ranking was held by Bolivia ($X), with a 16% share of total exports. It was followed by Argentina, with a 1.8% share.

From 2012 to 2021, the average annual growth rate of value to Uruguay totaled +41,473.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+133.7% per year) and Argentina (+34.5% per year).

Export Prices by Country

In 2021, the average preserved frozen potato export price amounted to $X per ton, shrinking by -32.9% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Argentina ($X per ton), while the average price for exports to Uruguay ($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 Paraguay (-8.5%), while the prices for the other major destinations experienced a decline.

Preserved Frozen Potato Imports

Imports into Brazil

Preserved frozen potato imports into Brazil expanded markedly to X tons in 2021, increasing by 5.6% on 2020 figures. The total import volume increased at an average annual rate of +6.0% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 21%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, preserved frozen potato imports rose modestly to $X in 2021. The total import value increased at an average annual rate of +5.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 65%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

Argentina (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of preserved frozen potato imports to Brazil, together comprising 92% of total imports. These countries were followed by Turkey, Germany and France, which together accounted for a further 6.1%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +27.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Argentina ($X), Belgium ($X) and the Netherlands ($X) constituted the largest preserved frozen potato suppliers to Brazil, together comprising 93% of total imports. Turkey, Germany and France lagged somewhat behind, together accounting for a further 5.3%.

In terms of the main suppliers, Turkey, with a CAGR of +23.6%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average preserved frozen potato import price amounted to $X per ton, approximately mirroring the previous year. In general, the import price recorded a slight contraction. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :