China: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in China

The Chinese frozen boiled potatoes market totaled $X in 2020, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Over the period under review, the market attained the peak level in 2020 and is expected to retain growth in years to come.

Frozen Boiled Potatoes Production in China

In value terms, frozen boiled potatoes production amounted to $X in 2020 estimated in export prices. In general, the total production indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2011 when the production volume increased by X% year-to-year. Frozen boiled potatoes production peaked in 2020 and is likely to see gradual growth in the immediate term.

Frozen Boiled Potatoes Exports

Exports from China

In 2020, overseas shipments of frozen boiled potatoes were finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports saw a strong increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked in 2020 and are expected to retain growth in years to come.

In value terms, frozen boiled potatoes exports rose significantly to $X in 2020. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the immediate term.

Exports by Country

Japan (X tons) was the main destination for frozen boiled potatoes exports from China, accounting for a X% share of total exports. Moreover, frozen boiled potatoes exports to Japan exceeded the volume sent to the second major destination, Singapore (X tons), threefold. The third position in this ranking was occupied by South Korea (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Japan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and South Korea (+X% per year).

In value terms, Japan ($X) remains the key foreign market for frozen boiled potatoes exports from China, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Japan totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, remaining relatively unchanged against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Average prices varied somewhat for the major export markets. In 2020, the highest prices were recorded for prices to Japan ($X per ton) and Thailand ($X per ton), while the average price for exports to South Korea ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Thailand, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into China

In 2020, overseas purchases of frozen boiled potatoes decreased by -X% to X kg, falling for the seventh year in a row after three years of growth. In general, imports saw a dramatic curtailment. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2020, imports remained at a lower figure.

In value terms, frozen boiled potatoes imports fell sharply to $X in 2020. Overall, imports faced a sharp curtailment. The pace of growth was the most pronounced in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Belgium (X kg) constituted the largest supplier of frozen boiled potatoes to China, with a X% share of total imports. Moreover, frozen boiled potatoes imports from Belgium exceeded the figures recorded by the second-largest supplier, the U.S. (X kg), ninefold.

From 2007 to 2020, the average annual growth rate of volume from Belgium stood at -X%.

In value terms, Belgium ($X) constituted the largest supplier of frozen boiled potatoes to China, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Belgium amounted to -X%.

Import Prices by Country

The average frozen boiled potatoes import price stood at $X per ton in 2020, with an increase of X% against the previous year. Overall, the import price continues to indicate significant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was the U.S. ($X per ton), while the price for Belgium stood at $X per ton.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Belgium (+X% per year).

Source: IndexBox Platform

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