China - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in China - 2023
Contents:
- Frozen Potato Price in China (CIF) - 2023
- Frozen Potato Price in China (FOB) - 2023
- Frozen Potato Imports in China
- Frozen Potato Exports in China
Frozen Potato Price in China (CIF) - 2023
The average frozen potato import price stood at $1,403 per ton in June 2023, almost unchanged from the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in July 2022 an increase of 14% month-to-month. As a result, import price attained the peak level of $1,493 per ton. From August 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the countries with the highest prices were the Netherlands ($1,664 per ton) and France ($1,453 per ton), while the price for Belgium ($1,334 per ton) and the United States ($1,437 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
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Frozen Potato Price in China (FOB) - 2023
In June 2023, the average frozen potato export price amounted to $1,371 per ton, flattening at the previous month. Over the last twelve months, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in January 2023 an increase of 6.8% month-to-month. The export price peaked at $1,379 per ton in May 2023, and then declined slightly in the following month.
Average prices varied somewhat for the major external markets. In June 2023, the highest price was recorded for prices to Japan ($1,529 per ton) and the Philippines ($1,366 per ton), while the average price for exports to South Korea ($1,161 per ton) and Indonesia ($1,243 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Potato Imports in China
For the third year in a row, China recorded decline in supplies from abroad of frozen potatoes, which decreased by -48.9% to 38K tons in 2022. Overall, imports recorded a dramatic contraction. The smallest decline of -21.7% was in 2020.
In value terms, frozen potato imports reduced sharply to $49M in 2022. Over the period under review, imports faced a dramatic descent. The smallest decline of -23.7% was in 2020.
Import of Frozen Potato in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 93.9 | 51.3 | 45.6 | 26.4 | -34.5% |
Turkey | 24.2 | 19.6 | 12.5 | 8.7 | -28.9% |
Belgium | 16.0 | 14.5 | 7.9 | 5.5 | -29.9% |
Canada | 4.5 | 9.1 | 1.9 | 3.1 | -11.7% |
Netherlands | 6.2 | 14.3 | 3.8 | 2.9 | -22.4% |
Argentina | N/A | 1.9 | 12.2 | 1.6 | -8.2% |
Germany | 4.7 | 4.0 | 0.1 | N/A | -85.4% |
Others | 2.5 | 1.4 | 1.0 | 0.4 | -45.7% |
Total | 152 | 116 | 85.0 | 48.6 | -31.6% |
Top Suppliers of Frozen Potato to China in 2022:
- Germany (undefinedK tons)
- United States (20.4K tons)
- Turkey (6.4K tons)
- Belgium (4.9K tons)
- Netherlands (2.5K tons)
- Argentina (1.9K tons)
- Canada (1.5K tons)
Frozen Potato Exports in China
For the fourth year in a row, China recorded growth in overseas shipments of frozen potatoes, which increased by 73% to 118K tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 89% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, frozen potato exports skyrocketed to $140M in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Frozen Potato in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 23.0 | 31.1 | 27.1 | 49.5 | 29.1% |
Philippines | 0.9 | 11.0 | 21.8 | 32.7 | 231.2% |
Thailand | 1.8 | 5.5 | 5.6 | 15.0 | 102.7% |
South Korea | 2.9 | 2.6 | 5.6 | 14.1 | 69.4% |
Indonesia | N/A | N/A | 0.5 | 12.5 | 2400.0% |
Malaysia | 0.7 | 0.4 | 1.4 | 4.2 | 81.7% |
Singapore | 0.2 | 4.1 | 2.8 | 2.3 | 125.7% |
Others | 3.9 | 4.0 | 12.2 | 9.7 | 35.5% |
Total | 33.3 | 58.6 | 77.0 | 140 | 61.4% |
Top Export Markets for Frozen Potato from China in 2022:
- Japan (35.2K tons)
- Philippines (30.9K tons)
- Thailand (13.7K tons)
- Indonesia (12.1K tons)
- South Korea (12.1K tons)
- Malaysia (3.9K tons)
- Singapore (2.0K tons)
This report provides an in-depth analysis of the frozen potato market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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
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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
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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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During the review period, Sawnwood imports peaked at 49M cubic meters in 2019. Despite this, imports did not show significant growth from 2020 to 2023. The value of Sawnwood imports notably decreased to $6.6B in 2023.
The rate of expansion was highest in November 2022 with a 76% month-to-month increase in exports. In terms of value, exports of Shaving Preparations significantly grew to $1.3M in September 2023.
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Explore the top import markets for frozen potato and their key statistics. Learn about the leading countries and their import values in the global frozen potato industry.
Global frozen potato consumption stood at $X in 2017, an increase of X% against the previous year. This figure reflec...