Colombia: Preserved Frozen Potato Market 2025

Preserved Frozen Potato Market Size in Colombia

The Colombian preserved frozen potato market surged to $X in 2021, growing by 65% 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). Over the period under review, consumption continues to indicate a strong expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Preserved Frozen Potato Exports

Exports from Colombia

Preserved frozen potato exports from Colombia soared to X tons in 2021, rising by 47% compared with the previous year. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of 342%. 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. Over the period under review, exports enjoyed notable growth. The most prominent rate of growth was recorded in 2017 with an increase of 190% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

The United States (X tons) was the main destination for preserved frozen potato exports from Colombia, accounting for a approx. 97% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States stood at +6.6%.

In value terms, the United States ($X) also remains the key foreign market for frozen potatoes prepared or preserved exports from Colombia.

From 2012 to 2021, the average annual growth rate of value to the United States amounted to +4.0%.

Export Prices by Country

In 2021, the average preserved frozen potato export price amounted to $X per ton, reducing by -19.5% against the previous year. In general, the export price showed a pronounced curtailment. The growth pace was the most rapid in 2014 when the average export price increased by 28% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Ecuador amounted to +5.9% per year.

Preserved Frozen Potato Imports

Imports into Colombia

In 2021, imports of frozen potatoes prepared or preserved into Colombia surged to X tons, with an increase of 64% compared with the previous year's figure. In general, imports posted a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports soared to $X in 2021. Overall, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of preserved frozen potato to Colombia, accounting for a 68% share of total imports. Moreover, preserved frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium amounted to +42.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+8.1% per year) and the United States (-1.5% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen potatoes prepared or preserved to Colombia, comprising 61% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 21% share of total imports. It was followed by the United States, with an 8.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium stood at +43.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+9.2% per year) and the United States (+1.3% per year).

Import Prices by Country

The average preserved frozen potato import price stood at $X per ton in 2021, approximately equating the previous year. Over the period under review, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in 2013 when the average import price increased by 12% against the previous year. The import price peaked 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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