Australia - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in Australia - 2023
Contents:
- Frozen Potato Price in Australia (CIF) - 2023
- Frozen Potato Price in Australia (FOB) - 2023
- Frozen Potato Imports in Australia
- Frozen Potato Exports in Australia
Frozen Potato Price in Australia (CIF) - 2023
In July 2023, the average frozen potato import price amounted to $1,646 per ton, rising by 3.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.6%. The pace of growth appeared the most rapid in January 2023 an increase of 16% month-to-month. Over the period under review, average import prices hit record highs in July 2023.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($2,681 per ton), while the price for New Zealand ($1,305 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Potato Price in Australia (FOB) - 2023
The average frozen potato export price stood at $1,522 per ton in July 2023, rising by 8.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.2%. The growth pace was the most rapid in January 2023 when the average export price increased by 25% month-to-month. As a result, the export price reached the peak level of $1,849 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In July 2023, the country with the highest price was Vanuatu ($1,849 per ton), while the average price for exports to New Zealand totaled $1,464 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Vanuatu (+4.0%).
Frozen Potato Imports in Australia
In 2022, the amount of frozen potatoes imported into Australia expanded sharply to 125K tons, with an increase of 11% on the previous year. The total import volume increased at an average annual rate of +3.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen potato imports soared to $160M in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 18%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
| Import of Frozen Potato in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 25.8 | 26.1 | 34.2 | 51.3 | 25.7% |
| Netherlands | 18.9 | 28.1 | 35.2 | 46.7 | 35.2% |
| New Zealand | 39.8 | 35.1 | 30.7 | 29.5 | -9.5% |
| United States | 25.3 | 14.0 | 21.7 | 13.1 | -19.7% |
| Argentina | N/A | 0.3 | 3.7 | 4.0 | 265.1% |
| Canada | 0.1 | N/A | 0.8 | 3.7 | 233.2% |
| South Africa | 6.1 | 3.7 | 5.5 | 3.2 | -19.3% |
| Others | 5.3 | 8.8 | 5.8 | 8.8 | 18.4% |
| Total | 121 | 116 | 138 | 160 | 9.8% |
Top Suppliers of Frozen Potato to Australia in 2022:
- Netherlands (42.3K tons)
- Belgium (32.2K tons)
- New Zealand (31.6K tons)
- United States (8.1K tons)
- Argentina (3.3K tons)
- Canada (2.5K tons)
- South Africa (1.3K tons)
Frozen Potato Exports in Australia
After three years of growth, shipments abroad of frozen potatoes decreased by -17% to 11K tons in 2022. The total export volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. As a result, the exports reached the peak of 13K tons, and then shrank remarkably in the following year.
In value terms, frozen potato exports fell remarkably to $15M in 2022. Overall, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +24.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $19M, and then contracted markedly in the following year.
| Export of Frozen Potato in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 10.2 | 11.2 | 16.7 | 12.3 | 6.4% |
| Papua New Guinea | 0.4 | 0.4 | 0.3 | 0.7 | 20.5% |
| Vietnam | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Vanuatu | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Singapore | 0.1 | 0.4 | 0.2 | 0.3 | 44.2% |
| Others | 1.2 | 0.6 | 1.2 | 0.9 | -9.1% |
| Total | 12.2 | 12.9 | 18.9 | 15.1 | 7.4% |
Top Export Markets for Frozen Potato from Australia in 2022:
- New Zealand (8.9K tons)
- Papua New Guinea (0.5K tons)
- Vietnam (0.5K tons)
- Vanuatu (0.3K tons)
- Singapore (0.2K tons)
This report provides an in-depth analysis of the frozen potato market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
- Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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