EU: Frozen Potato Market 2024

Frozen Potato Market Size in the EU

In 2021, the EU frozen potato market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. The market value increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Frozen Potato Production in the EU

In value terms, frozen potato production rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 15% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in years to come.

Frozen Potato Exports

Exports in the EU

In 2021, approx. X tons of frozen potatoes were exported in the European Union; increasing by 12% compared with 2020. The total export volume increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato exports soared to $X in 2021. The total export value increased at an average annual rate of +4.6% 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 with an increase of 19% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.

Exports by Country

Belgium represented the main exporting country with an export of around X tons, which finished at 49% of total exports. The Netherlands (X tons) held the second position in the ranking, distantly followed by Germany (X tons) and France (X tons). All these countries together held near 45% share of total exports. Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +6.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato supplying countries in the European Union were Belgium ($X), the Netherlands ($X) and France ($X), with a combined 86% share of total exports.

Belgium, with a CAGR of +6.6%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per ton in 2021, surging by 3.1% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 14%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in France ($X per ton) and the Netherlands ($X per ton), while Belgium ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+1.7%), while the other leaders experienced more modest paces of growth.

Frozen Potato Imports

Imports in the EU

Frozen potato imports rose rapidly to X tons in 2021, surging by 12% on the year before. The total import volume increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained consistent, with somewhat 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.

In value terms, frozen potato imports totaled $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 when imports increased by 15%. The level of import peaked at $X in 2019; afterwards, it flattened through to 2021.

Imports by Country

In 2021, France (X tons), distantly followed by Germany (X tons), the Netherlands (X tons), Italy (X tons), Spain (X tons), Belgium (X tons) and Poland (X tons) represented the major importers of frozen potatoes, together mixing up 73% of total imports. Romania (X tons), Greece (X tons), Ireland (X tons), Sweden (X tons), Portugal (X tons) and Denmark (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +17.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 44% of total imports. These countries were followed by the Netherlands, Spain, Belgium, Poland, Ireland, Sweden, Romania, Greece, Denmark and Portugal, which together accounted for a further 45%.

Among the main importing countries, Poland, with a CAGR of +18.8%, recorded 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

The import price in the European Union stood at $X per ton in 2021, remaining constant against the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by 14% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Denmark ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+2.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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