Report Update: Apr 1, 2024

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

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Frozen Potato Price in Turkey - 2023

Frozen Potato Price in Turkey (FOB) - 2023

The average frozen potato export price stood at $1,437 per ton in July 2023, reducing by -2.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The most prominent rate of growth was recorded in August 2022 an increase of 10% month-to-month. The export price peaked at $1,611 per ton in February 2023; however, from March 2023 to July 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In July 2023, the countries with the highest prices were Iraq ($1,479 per ton) and China ($1,475 per ton), while the average price for exports to Cyprus ($1,149 per ton) and Russia ($1,419 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Price in Turkey (CIF) - 2023

The average frozen potato import price stood at $1,080 per ton in July 2023, increasing by 50% against the previous month. Over the period under review, the import price posted strong growth. The pace of growth was the most pronounced in August 2022 an increase of 462% month-to-month. The import price peaked 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 Netherlands ($2,424 per ton), while the price for Iran ($174 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 France (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Potato Exports in Turkey

In 2022, the amount of frozen potatoes exported from Turkey soared to 92K tons, surging by 74% on 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato exports skyrocketed to $121M in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Frozen Potato in Turkey (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	N/A	N/A	N/A	80.8	0%
Iraq	11.3	7.1	10.1	19.3	19.5%
China	23.1	13.9	11.4	9.0	-27.0%
Cyprus	1.6	0.7	0.9	2.6	17.6%
Syrian Arab Republic	0.1	N/A	0.4	0.7	91.3%
Brazil	2.2	7.2	8.5	0.5	-39.0%
Greece	2.0	0.9	0.8	N/A	-36.8%
Others	2.1	2.9	3.9	8.5	59.4%
Total	42.4	32.8	35.9	121	41.8%

Top Export Markets for Frozen Potato from Turkey in 2022:

Greece (undefinedK tons)
Russia (51.7K tons)
Iraq (20.4K tons)
China (7.5K tons)
Cyprus (2.1K tons)
Syrian Arab Republic (2.0K tons)
Brazil (0.5K tons)

Frozen Potato Imports in Turkey

In 2022, the amount of frozen potatoes imported into Turkey plummeted to 1.6K tons, which is down by -26.7% against 2021 figures. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 65%.

In value terms, frozen potato imports expanded slightly to $949K in 2022. Over the period under review, imports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2021 with an increase of 105%.

Import of Frozen Potato in Turkey (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	420	158	375	516	7.1%
Iran	394	166	276	187	-22.0%
Belgium	6.1	77.4	82.0	171	203.8%
Iraq	119	9.7	105	N/A	-6.1%
Others	38.9	36.7	78.2	74.9	24.4%
Total	978	448	917	949	-1.0%

Top Suppliers of Frozen Potato to Turkey in 2022:

Iran (1114.0 tons)
Netherlands (264.0 tons)
Belgium (158.9 tons)

Source: IndexBox Market Intelligence Platform

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

Turkey

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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