Report China - Frozen Potatoes (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

China - Frozen Potatoes (Prepared or Preserved) - Market Analysis, Forecast, Size, Trends and Insights

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China: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in China

In 2021, after two years of decline, there was growth in the Chinese preserved frozen potato market, when its value increased by 2.6% to $X. In general, the total consumption indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -8.9% against 2018 indices. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Preserved Frozen Potato Production in China

In value terms, preserved frozen potato production expanded markedly to $X in 2021 estimated in export price. Over the period under review, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.5% against 2018 indices. The growth pace was the most rapid in 2017 when the production volume increased by 54%. Preserved frozen potato production peaked at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Preserved Frozen Potato Exports

Exports from China

In 2021, shipments abroad of frozen potatoes prepared or preserved increased by 56% to X tons, rising for the third year in a row after two years of decline. Overall, exports saw a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 196% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, preserved frozen potato exports soared to $X in 2021. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 133%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Philippines (X tons) was the main destination for preserved frozen potato exports from China, with a 46% share of total exports. Moreover, preserved frozen potato exports to the Philippines exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), threefold. The third position in this ranking was held by Japan (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Philippines stood at +514.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+31.7% per year) and Japan (-5.1% per year).

In value terms, the largest markets for preserved frozen potato exported from China were the Philippines ($X), Japan ($X) and Hong Kong SAR ($X), together comprising 76% of total exports.

The Philippines, with a CAGR of +452.8%, saw the highest rates of growth with regard to the value of exports, among 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, with a decrease of -4.1% against the previous year. In general, the export price saw a pronounced reduction. The pace of growth was the most pronounced in 2017 when the average export price increased by 85%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Japan ($X per ton), while the average price for exports to the Philippines ($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 Japan (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Preserved Frozen Potato Imports

Imports into China

In 2021, preserved frozen potato imports into China dropped remarkably to X tons, waning by -26.6% compared with 2020 figures. Over the period under review, imports recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when imports increased by 54%. As a result, imports reached the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, preserved frozen potato imports dropped rapidly to $X in 2021. Overall, imports showed a abrupt setback. The most prominent rate of growth was recorded in 2018 with an increase of 41% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, the United States (X tons) constituted the largest supplier of preserved frozen potato to China, with a 50% share of total imports. Moreover, preserved frozen potato imports from the United States exceeded the figures recorded by the second-largest supplier, Argentina (X tons), threefold. The third position in this ranking was taken by Turkey (X tons), with a 14% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at -10.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Argentina (+8,554.5% per year) and Turkey (+188.7% per year).

In value terms, the United States ($X) constituted the largest supplier of frozen potatoes prepared or preserved to China, comprising 54% of total imports. The second position in the ranking was taken by Turkey ($X), with a 15% share of total imports. It was followed by Argentina, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from the United States amounted to -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+193.9% per year) and Argentina (+7,360.4% per year).

Import Prices by Country

In 2021, the average preserved frozen potato import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 50% of global consumption. These countries were followed by Russia, the UK, Turkey, Ethiopia, Germany, Iran, France, Brazil, Thailand and Egypt, which together accounted for a further 25%.
China remains the largest preserved frozen potato producing country worldwide, comprising approx. 25% of total volume. Moreover, preserved frozen potato production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by Belgium, with a 12% share.
In value terms, the United States constituted the largest supplier of preserved frozen potato to China, comprising 54% of total imports. The second position in the ranking was occupied by Turkey, with a 15% share of total imports. It was followed by Argentina, with a 14% share.
In value terms, the largest markets for preserved frozen potato exported from China were the Philippines, Japan and Hong Kong SAR, together comprising 76% of total exports.
In 2021, the average preserved frozen potato export price amounted to $1,174 per ton, reducing by -4.1% against the previous year.
In 2021, the average preserved frozen potato import price amounted to $1,144 per ton, remaining stable against the previous year.

This report provides an in-depth analysis of the preserved frozen potato market in China. 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 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:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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