Canada - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPreserved Frozen Potato Price in Canada - 2023
Contents:
- Preserved Frozen Potato Price in Canada (FOB) - 2023
- Preserved Frozen Potato Price in Canada (CIF) - 2023
- Preserved Frozen Potato Exports in Canada
- Preserved Frozen Potato Imports in Canada
Preserved Frozen Potato Price in Canada (FOB) - 2023
In June 2023, the average preserved frozen potato export price amounted to $1,355 per ton, stabilizing at the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 4.4% m-o-m. Over the period under review, the average export prices reached the maximum at $1,360 per ton in May 2023, and then dropped in the following month.
Average prices varied somewhat for the major external markets. In June 2023, the country with the highest price was the United States ($1,397 per ton), while the average price for exports to Mexico ($1,004 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+1.3%), while the prices for the other major destinations experienced mixed trend patterns.
Preserved Frozen Potato Price in Canada (CIF) - 2023
In June 2023, the average preserved frozen potato import price amounted to $1,782 per ton, with an increase of 12% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in July 2022 when the average import price increased by 13% against the previous month. Over the period under review, average import prices attained the maximum in June 2023.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($1,786 per ton), while the price for Belgium stood at $1,662 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.5%).
Preserved Frozen Potato Exports in Canada
Preserved frozen potato exports from Canada rose sharply to 1.3M tons in 2022, increasing by 12% on 2021. The total export volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 17% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, preserved frozen potato exports surged to $1.6B in 2022. Overall, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.5% 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 +53.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Preserved Frozen Potato in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 900 | 939 | 1,157 | 1,426 | 16.6% |
| Mexico | 42.3 | 23.6 | 24.8 | 37.7 | -3.8% |
| Japan | 21.2 | 14.2 | 46.3 | 35.1 | 18.3% |
| Others | 100 | 67.8 | 71.0 | 100 | 0.0% |
| Total | 1,064 | 1,044 | 1,299 | 1,599 | 14.5% |
Top Export Markets for Preserved Frozen Potato from Canada in 2022:
- United States (1168.7K tons)
- Mexico (37.5K tons)
- Japan (33.9K tons)
Preserved Frozen Potato Imports in Canada
In 2022, the amount of frozen potatoes prepared or preserved imported into Canada rose sharply to 56K tons, picking up by 12% on the year before. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved frozen potato imports rose remarkably to $79M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Preserved Frozen Potato in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 71.6 | 55.7 | 62.9 | 70.2 | -0.7% |
| Belgium | 3.9 | 4.6 | 6.5 | 5.9 | 14.8% |
| Others | 1.4 | 1.1 | 2.5 | 3.2 | 31.7% |
| Total | 76.8 | 61.4 | 71.9 | 79.4 | 1.1% |
Top Suppliers of Preserved Frozen Potato to Canada in 2022:
- United States (49.2K tons)
- Belgium (5.3K tons)
This report provides an in-depth analysis of the preserved frozen potato market in Canada. 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 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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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