Sweden: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Sweden

The Swedish preserved frozen potato market reached $X in 2021, surging by 15% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market failed to regain momentum.

Preserved Frozen Potato Exports

Exports from Sweden

In 2021, approx. X tons of frozen potatoes prepared or preserved were exported from Sweden; rising by 23% compared with the year before. Overall, exports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2019 when exports increased by 38% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, preserved frozen potato exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a abrupt downturn. The growth pace was the most rapid in 2019 when exports increased by 32% against the previous year. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Denmark (X tons) and France (X tons) were the main destinations of preserved frozen potato exports from Sweden, together comprising 53% of total exports. These countries were followed by Finland, Poland, Norway, Switzerland, Hungary, Japan, Ireland, Spain, Mexico and Kuwait, which together accounted for a further 35%.

From 2012 to 2021, the biggest increases were recorded for Mexico (with a CAGR of +154.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and Finland ($X) constituted the largest markets for preserved frozen potato exported from Sweden worldwide, with a combined 47% share of total exports. These countries were followed by Poland, France, Japan, Norway, Switzerland, Hungary, Ireland, Mexico, Spain and Kuwait, which together accounted for a further 38%.

Among the main countries of destination, Mexico, with a CAGR of +202.8%, recorded the highest growth rate of 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

In 2021, the average preserved frozen potato export price amounted to $X per ton, picking up by 4.3% against the previous year. In general, the export price, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 14% against the previous year. 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.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Japan ($X per ton), while the average price for exports to France ($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 Mexico (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports into Sweden

Preserved frozen potato imports into Sweden expanded sharply to X tons in 2021, growing by 11% against the year before. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports soared to $X in 2021. The total import value increased at an average annual rate of +3.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of preserved frozen potato imports to Sweden, with a combined 98% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +9.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved frozen potato suppliers to Sweden were the Netherlands ($X), Belgium ($X) and Germany ($X), with a combined 98% share of total imports.

Germany, with a CAGR of +10.7%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2021, the average preserved frozen potato import price amounted to $X per ton, increasing by 4.2% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 13%. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Belgium ($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 Netherlands (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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