Europe: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Europe

The Europe 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 +2.0% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is likely to see gradual growth in the near future.

Preserved Frozen Potato Production in Europe

In value terms, preserved frozen potato production expanded sharply to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of 12%. The level of production peaked in 2021 and is likely to see steady growth in years to come.

Preserved Frozen Potato Exports

Exports in Europe

In 2021, approx. X tons of frozen potatoes prepared or preserved were exported in Europe; with an increase of 12% compared with the year before. The total export volume increased at an average annual rate of +4.3% 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, preserved frozen potato exports surged to $X in 2021. The total export value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by 19%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

In 2021, Belgium (X tons) was the largest exporter of frozen potatoes prepared or preserved, committing 49% of total exports. It was distantly followed by the Netherlands (X tons), France (X tons) and Germany (X tons), together comprising a 45% share of total exports. Poland (X tons) held a little share of total exports.

From 2012 to 2021, the biggest increases were recorded for Belgium (with a CAGR of +6.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and France ($X) were the countries with the highest levels of exports in 2021, with a combined 86% share of total exports.

In terms of the main exporting countries, Belgium, with a CAGR of +6.7%, recorded the highest rates of growth with regard to the value of exports, 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 Europe stood at $X per ton in 2021, picking up by 2.4% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the export price increased by 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 Germany (+1.8%), while the other leaders experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports in Europe

In 2021, approx. X tons of frozen potatoes prepared or preserved were imported in Europe; with an increase of 8.6% compared with the previous year. The total import volume increased at an average annual rate of +3.0% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 9.3%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, preserved frozen potato imports expanded significantly to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period 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 with an increase of 18% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

France (X tons), the UK (X tons), the Netherlands (X tons), Germany (X tons), Italy (X tons), Belgium (X tons), Spain (X tons) and Poland (X tons) represented roughly 74% of total imports in 2021. The following importers - Russia (X tons), Ireland (X tons), Sweden (X tons), Greece (X tons) and Romania (X tons) - together made up 12% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading 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 Europe were France ($X), the UK ($X) and Germany ($X), with a combined 43% share of total imports. Italy, the Netherlands, Belgium, Spain, Poland, Ireland, Russia, Sweden, Greece and Romania lagged somewhat behind, together comprising a further 42%.

Among the main importing countries, Poland, with a CAGR of +19.5%, 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 Europe stood at $X per ton in 2021, picking up by 1.5% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 11%. Over the period under review, import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Italy ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform