Eastern Europe: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Eastern Europe

The East European preserved frozen potato market was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +1.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Preserved Frozen Potato Production in Eastern Europe

In value terms, preserved frozen potato production rose modestly to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Preserved Frozen Potato Exports

Exports in Eastern Europe

In 2021, overseas shipments of frozen potatoes prepared or preserved were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +3.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, preserved frozen potato exports soared to $X in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Poland dominates exports structure, reaching X tons, which was approx. 88% of total exports in 2021. It was distantly followed by Russia (X tons), committing a 4.6% share of total exports. The Czech Republic (X tons) held a little share of total exports.

Exports from Poland increased at an average annual rate of +3.2% from 2012 to 2021. At the same time, Russia (+71.8%) and the Czech Republic (+5.0%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +71.8% from 2012-2021. Russia (+4.6 p.p.) significantly strengthened its position in terms of the total exports, while Poland saw its share reduced by -5.7% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Poland ($X) remains the largest preserved frozen potato supplier in Eastern Europe, comprising 86% of total exports. The second position in the ranking was held by Russia ($X), with a 5% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Poland amounted to +4.3%. In the other countries, the average annual rates were as follows: Russia (+65.5% per year) and the Czech Republic (+7.9% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, with an increase of 3.4% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2013 an increase of 7.5% against the previous year. Over the period under review, the export prices attained the maximum in 2021 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+2.8%), while the other leaders experienced mixed trends in the export price figures.

Preserved Frozen Potato Imports

Imports in Eastern Europe

In 2021, imports of frozen potatoes prepared or preserved in Eastern Europe skyrocketed to X tons, picking up by 29% compared with the year before. Total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports surged to $X in 2021. Total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), distantly followed by Russia (X tons), Romania (X tons), Hungary (X tons), the Czech Republic (X tons) and Ukraine (X tons) represented the major importers of frozen potatoes prepared or preserved, together comprising 85% of total imports. Slovakia (X tons) took a little share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +18.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved frozen potato importing markets in Eastern Europe were Poland ($X), Russia ($X) and Romania ($X), with a combined 58% share of total imports.

In terms of the main importing countries, Poland, with a CAGR of +19.5%, saw the highest growth rate of 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 import price in Eastern Europe amounted to $X per ton, growing by 2.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 7.3% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Slovakia ($X per ton) and the Czech Republic ($X per ton), while Poland ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+2.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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