India: Potato Market 2025

Potato Market Size in India

In 2021, after three years of growth, there was significant decline in the Indian potato market, when its value decreased by -6.8% to $X. The market value increased at an average annual rate of +3.5% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Potato Production in India

In value terms, potato production declined to $X in 2021 estimated in export price. Overall, production, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 81%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

In 2021, the average potato yield in India shrank to X tons per ha, remaining stable against 2020 figures. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by 8.8%. The potato yield peaked at X tons per ha in 2018; however, from 2019 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the potato harvested area in India reached X ha, leveling off at the previous year. The harvested area increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 4.5%. The potato harvested area peaked at X ha in 2017; afterwards, it flattened through to 2021.

Potato Exports

Exports from India

In 2021, exports of potatoes from India skyrocketed to X tons, increasing by 18% against 2020 figures. Overall, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2014 with an increase of 140% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, potato exports declined modestly to $X in 2021. Over the period under review, exports saw a resilient increase. The pace of growth appeared the most rapid in 2014 when exports increased by 219% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Nepal (X tons) was the main destination for potato exports from India, with a 64% share of total exports. Moreover, potato exports to Nepal exceeded the volume sent to the second major destination, Oman (X tons), more than tenfold. Indonesia (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume to Nepal stood at +11.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+56.9% per year) and Indonesia (+117.0% per year).

In value terms, Nepal ($X) remains the key foreign market for potato exports from India, comprising 44% of total exports. The second position in the ranking was taken by Oman ($X), with a 16% share of total exports. It was followed by Indonesia, with a 7.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Nepal totaled +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (+60.2% per year) and Indonesia (+107.1% per year).

Export Prices by Country

The average potato export price stood at $X per ton in 2021, waning by -15.8% against the previous year. In general, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, potato export price increased by +19.1% against 2018 indices. The growth pace was the most rapid in 2014 when the average export price increased by 33%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Oman ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Oman (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into India

In 2021, purchases abroad of potatoes increased by 3,580% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, potato imports surged to $X in 2021. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Bhutan (X tons) was the main potato supplier to India, with a approx. 99.9% share of total imports.

From 2015 to 2021, the average annual rate of growth in terms of volume from Bhutan totaled +4,138.2%.

In value terms, Bhutan ($X) constituted the largest supplier of potato to India.

From 2015 to 2021, the average annual growth rate of value from Bhutan totaled +3,712.0%.

Import Prices by Country

In 2021, the average potato import price amounted to $X per ton, waning by -38% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 714%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bhutan.

From 2015 to 2021, the rate of growth in terms of prices for Bhutan amounted to -10.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :