Potato Market
Potato market: get access to new facts and figures enhanced by an Ai-driven market research platform. Datasets cover market prices, market size, consumption, exports, companies, imports, trade, and production. There is a split by country, including the U.K., the U.S., Africa, Latin America, the Middle East, China, Russia, and EU. Market dynamics and outlook to 2030 are also provided in the snapshots.
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Potato - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | India |
3 | United States |
4 | Ukraine |
5 | Peru |
In value terms, China led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.
In China, the potato market expanded at an average annual rate of +14.0% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (+10.0% per year) and the United States (-4.7% per year).
Potato Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Kazakhstan | 116 | 86 | 85 | -14.4% |
Russia | 122 | 111 | 119 | -1.2% |
Germany | 202 | 236 | 191 | -2.8% |
Belgium | 319 | 301 | 206 | -19.6% |
India | 171 | 184 | 242 | 19.0% |
France | 302 | 297 | 291 | -1.8% |
Egypt | 363 | 389 | 395 | 4.3% |
Spain | 408 | 565 | 401 | -0.9% |
Netherlands | 442 | 437 | 403 | -4.5% |
United States | 490 | 465 | 483 | -0.7% |
United Kingdom | 540 | 527 | 489 | -4.8% |
Canada | 478 | 517 | 558 | 8.0% |
China | 368 | 791 | 791 | 46.6% |
Average | 324 | 349 | 326 | 0.3% |
Prices varied noticeably by the country of origin; the country with the highest price was China ($791 per ton), while Kazakhstan ($85 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United Kingdom | 520 | 557 | 605 | 7.9% |
United States | 501 | 534 | 570 | 6.7% |
Canada | 440 | 387 | 406 | -3.9% |
Russia | 380 | 441 | 397 | 2.2% |
Germany | 397 | 470 | 375 | -2.8% |
Spain | 425 | 397 | 344 | -10.0% |
Italy | 294 | 391 | 339 | 7.4% |
France | 444 | 452 | 310 | -16.4% |
Portugal | 273 | 321 | 257 | -3.0% |
Netherlands | 206 | 198 | 211 | 1.2% |
Belgium | 209 | 239 | 202 | -1.7% |
Ukraine | 522 | 189 | 181 | -41.1% |
Average | 315 | 341 | 315 | -0.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the UK ($605 per ton), while Ukraine ($181 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the UK, while the other global leaders experienced more modest paces of growth.
Potato - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Belgium | 0.5 | 0.7 | 0.6 | 6.5% |
Netherlands | 0.4 | 0.3 | 0.4 | -3.2% |
Spain | 0.2 | 0.3 | 0.3 | 13.4% |
United States | 0.2 | 0.2 | 0.3 | 8.3% |
Germany | 0.2 | 0.4 | 0.3 | 3.1% |
In value terms, the largest potato importing markets worldwide were Belgium ($605M), the Netherlands ($351M) and Spain ($318M), with a combined 28% share of global imports. The United States, Germany, Italy, the UK, Russia, France, Portugal, Canada and Ukraine lagged somewhat behind, together accounting for a further 30%.
In terms of the main importing countries, Ukraine (+270.2% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Potato - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
billion USD | ||||
Netherlands | 0.8 | 1 | 0.8 | 2.4% |
France | 0.8 | 0.9 | 0.7 | -8.2% |
China | 0.1 | 0.4 | 0.4 | 81.3% |
Germany | 0.4 | 0.4 | 0.4 | -0.6% |
Canada | 0.3 | 0.2 | 0.3 | 8.4% |
In value terms, the largest potato supplying countries worldwide were the Netherlands ($829M), France ($685M) and China ($400M), together comprising 42% of global exports.
China (+81.3% per year) saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Potato - Market Forecast
Driven by increasing demand for potato worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Potato - Top Companies
Changyang Dongshan Yam Plantation Specialty Cooperative, Yancheng District Peicheng Town Tielu Village Kunde Family Farm, Black Gold Farms, Gansu Yasheng Industrial (Group) Co., Ltd., R.D. Offutt Company, Jinping County Tuodu Potato Seed Tuber Kuofan Base, Europlant Pflanzenzucht GmbH, Black Gold Potato Sales, Inc., EGO GROWERS LTD, TOUR VACATION HOTELES AZUL S A S, Blanická s.r.o., Wild Kartoffel- und Zwiebelmarkt GmbH, Kartoffel Centrum Bayern GmbH, Quail H Farms LLC, Fazenda Progresso Ltda, GROOTKLOOF BOERDERY CC, DOGA TOHUMCULUK GIDA SANAYI VE TICARET ANONIM SIRKETI, FEDERACION COLOMBIANA DE FUTBOL, Inner Mongolia Linkage Potato Co., Ltd., Walther Farms LLC
Potato - Product Coverage
- HS 0701 - Potatoes; fresh or chilled
This report provides an in-depth analysis of the global potato market.
This report provides an in-depth analysis of the potato market in Africa.
This report provides an in-depth analysis of the potato market in Latin America and the Caribbean.
This report provides an in-depth analysis of the potato market in South-Eastern Asia.
This report provides an in-depth analysis of the potato market in Eastern Asia.
This report provides an in-depth analysis of the potato market in Southern Asia.
This report provides an in-depth analysis of the potato market in Northern America.
This report provides an in-depth analysis of the potato market in the Middle East.
This report provides an in-depth analysis of the potato market in Central Asia.
This report provides an in-depth analysis of the potato market in Australia and Oceania.
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