Flakes; of Potatoes Price in Ireland - 2023

Contents:

1. Flakes; of Potatoes Price in Ireland (CIF) - 2022
2. Flakes; of Potatoes Price in Ireland (FOB) - 2022
3. Flakes; of Potatoes Imports in Ireland
4. Flakes; of Potatoes Exports in Ireland

Flakes; of Potatoes Price in Ireland (CIF) - 2022

In 2022, the average flakes; of potatoes import price amounted to $2,787 per ton, stabilizing at the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. Over the period under review, average import prices reached the maximum in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($20,054 per ton), while the price for the Netherlands ($1,596 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Ireland (FOB) - 2022

The average flakes; of potatoes export price stood at $1,224 per ton in 2022, which is down by -4.1% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 6.9%. As a result, the export price attained the peak level of $1,965 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2016 to 2022, the rate of growth in terms of prices for the UK amounted to -1.0% per year.

Flakes; of Potatoes Imports in Ireland

In 2022, supplies from abroad of flakes; of potatoeses decreased by 0% to 817 tons, falling for the second consecutive year after two years of growth. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flakes; of potatoes imports stood at $2.3M in 2022. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of $2.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Flakes; of Potatoes to Ireland in 2022:

1. Germany (306.0 tons)
2. Netherlands (259.1 tons)
3. Spain (145.9 tons)
4. United Kingdom (42.2 tons)
5. Slovenia (32.4 tons)
6. Belgium (30.9 tons)

Flakes; of Potatoes Exports in Ireland

In 2022, overseas shipments of flakes; of potatoeses increased by 325% to 28 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a dramatic setback.

In value terms, flakes; of potatoes exports surged to $34K in 2022. Overall, exports, however, recorded a precipitous contraction.

Top Export Markets for Flakes; of Potatoes from Ireland in 2022:

1. United Kingdom (27.5 tons)

Source: IndexBox Market Intelligence Platform