Portugal: Frozen Boiled Potatoes Market 2022

Frozen Boiled Potatoes Market Size in Portugal

In 2020, after four years of growth, there was significant decline in the Portuguese frozen boiled potatoes market, when its value decreased by -X% to $X. In general, consumption, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Frozen boiled potatoes consumption peaked at $X in 2019, and then contracted notably in the following year.

Frozen Boiled Potatoes Exports

Exports from Portugal

In 2020, approx. X tons of frozen boiled potatoes were exported from Portugal; shrinking by -X% against the year before. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2015 when exports increased by X% y-o-y. Exports peaked at X tons in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, frozen boiled potatoes exports declined notably to $X in 2020. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of X% y-o-y. Over the period under review, exports attained the peak figure at $X in 2015; however, from 2016 to 2020, exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for frozen boiled potatoes exports from Portugal, with a X% share of total exports. Moreover, frozen boiled potatoes exports to Spain exceeded the volume sent to the second major destination, Angola (X tons), sevenfold. Switzerland (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Spain amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-X% per year) and Switzerland (+X% per year).

In value terms, Spain ($X) remains the key foreign market for frozen boiled potatoes exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Angola ($X), with a X% share of total exports. It was followed by Switzerland, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (-X% per year) and Switzerland (+X% per year).

Export Prices by Country

The average frozen boiled potatoes export price stood at $X per ton in 2020, with a decrease of -X% against the previous year. In general, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Angola ($X per ton), while the average price for exports to Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Cabo Verde, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Boiled Potatoes Imports

Imports into Portugal

In 2020, overseas purchases of frozen boiled potatoes decreased by -X% to X tons for the first time since 2016, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked at X tons in 2019, and then shrank notably in the following year.

In value terms, frozen boiled potatoes imports declined dramatically to $X in 2020. In general, imports, however, enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2019, and then shrank sharply in the following year.

Imports by Country

Spain (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of frozen boiled potatoes imports to Portugal, together accounting for X% of total imports. These countries were followed by France, which accounted for a further X 2007 to 2020, the biggest increases were in France, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X), the Netherlands ($X) and France ($X) appeared to be the largest frozen boiled potatoes suppliers to Portugal, together accounting for X% of total imports.

The Netherlands recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average frozen boiled potatoes import price amounted to $X per ton, growing by X% against the previous year. In general, import price indicated a remarkable increase from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, frozen boiled potatoes import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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