India - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

India - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Potato Price in India - 2023

Contents:

  1. Frozen Potato Price in India (FOB) - 2023
  2. Frozen Potato Price in India (CIF) - 2022
  3. Frozen Potato Exports in India
  4. Frozen Potato Imports in India

Frozen Potato Price in India (FOB) - 2023

In July 2023, the average frozen potato export price amounted to $1,256 per ton, dropping by -9.7% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 an increase of 49% against the previous month. As a result, the export price attained the peak level of $1,456 per ton. From February 2023 to July 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Indonesia ($1,411 per ton), while the average price for exports to Nepal ($398 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Price in India (CIF) - 2022

The average frozen potato import price stood at $145 per ton in 2022, shrinking by -89.1% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2020 when the average import price increased by 295% against the previous year. As a result, import price attained the peak level of $1,714 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

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 the Netherlands ($3,050 per ton), while the price for Bangladesh stood at $126 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Potato Exports in India

In 2022, overseas shipments of frozen potatoes decreased by -0.6% to 103K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 111%.

In value terms, frozen potato exports soared to $101M in 2022. Over the period under review, exports, however, enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Potato in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Philippines2.86.917.238.0138.5%
Thailand18.523.820.726.512.7%
Indonesia0.10.52.46.1293.6%
VietnamN/A0.10.45.4634.8%
Malaysia0.11.74.44.9265.9%
Nepal1.11.63.83.445.7%
United States0.51.01.13.489.5%
Others6.87.98.213.425.4%
Total29.843.558.310150.2%

Top Export Markets for Frozen Potato from India in 2022:

  1. Philippines (34.9K tons)
  2. Thailand (26.0K tons)
  3. Nepal (11.2K tons)
  4. Indonesia (6.1K tons)
  5. Malaysia (4.8K tons)
  6. Vietnam (4.8K tons)
  7. United States (2.8K tons)

Frozen Potato Imports in India

Frozen potato imports into India surged to 2.6K tons in 2022, jumping by 1,634% on 2021 figures. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato imports skyrocketed to $381K in 2022. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 929% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Frozen Potato in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/A3240%
Netherlands39.4N/A21.92.9-58.1%
South Korea72.2N/AN/AN/A0%
Others28.219.517954.124.3%
Total14019.520138139.6%

Top Suppliers of Frozen Potato to India in 2022:

  1. Bangladesh (2562.0 tons)
  2. Netherlands (1.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen potato market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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