Africa: Frozen Potato Market 2023

Frozen Potato Market Size in Africa

The African frozen potato market declined modestly to $X in 2021, approximately equating the previous year. The market value increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The level of consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Frozen Potato Production in Africa

In value terms, frozen potato production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 25%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Frozen Potato Exports

Exports in Africa

In 2021, exports of frozen potatoes in Africa soared to X tons, with an increase of 21% compared with 2020. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 34%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, frozen potato exports skyrocketed to $X in 2021. Overall, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Egypt represented the main exporter of frozen potatoes in Africa, with the volume of exports recording X tons, which was approx. 77% of total exports in 2021. It was distantly followed by South Africa (X tons), committing a 17% share of total exports.

Egypt was also the fastest-growing in terms of the frozen potatoes exports, with a CAGR of +1.8% from 2012 to 2021. South Africa experienced a relatively flat trend pattern. From 2012 to 2021, the share of Egypt increased by +12 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) remains the largest frozen potato supplier in Africa, comprising 75% of total exports. The second position in the ranking was taken by South Africa ($X), with a 22% share of total exports.

In Egypt, frozen potato exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

The export price in Africa stood at $X per ton in 2021, growing by 1.6% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 18%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was South Africa ($X per ton), while Egypt amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+1.8%).

Frozen Potato Imports

Imports in Africa

Frozen potato imports surged to X tons in 2021, jumping by 34% on the previous year. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato imports surged to $X in 2021. Total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, South Africa (X tons) and Morocco (X tons) represented the key importers of frozen potatoes in Africa, together finishing at near 39% of total imports. Senegal (X tons) ranks next in terms of the total imports with a 6% share, followed by Libya (5.4%), Nigeria (5%) and Botswana (4.7%). Zambia (X tons), Mauritius (X tons), Cabo Verde (X tons), Angola (X tons), Namibia (X tons), Egypt (X tons) and Tunisia (X tons) took a little share of total imports.

From 2012 to 2021, the biggest increases were recorded for Nigeria (with a CAGR of +15.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Morocco ($X), South Africa ($X) and Botswana ($X) were the countries with the highest levels of imports in 2021, together comprising 46% of total imports. Mauritius, Nigeria, Libya, Zambia, Senegal, Namibia, Angola, Cabo Verde, Egypt and Tunisia lagged somewhat behind, together comprising a further 33%.

In terms of the main importing countries, Senegal, with a CAGR of +13.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per ton in 2021, increasing by 2.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 10% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Mauritius ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Morocco (+1.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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