Argentina: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in Argentina

In 2021, the Argentinian preserved frozen potato market decreased by -0.8% to $X, falling for the third consecutive year after two years of growth. Overall, consumption continues to indicate a relatively flat trend pattern. Preserved frozen potato consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Preserved Frozen Potato Production in Argentina

In value terms, preserved frozen potato production expanded markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 27%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Preserved Frozen Potato Exports

Exports from Argentina

Preserved frozen potato exports from Argentina rose sharply to X tons in 2021, picking up by 12% compared with the previous year's figure. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -3.6% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 42%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, preserved frozen potato exports expanded remarkably to $X in 2021. The total export value increased at an average annual rate of +2.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 45%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Brazil (X tons) was the main destination for preserved frozen potato exports from Argentina, with a 87% share of total exports. Moreover, preserved frozen potato exports to Brazil exceeded the volume sent to the second major destination, Uruguay (X tons), more than tenfold. Chile (X tons) ranked third in terms of total exports with a 3.2% share.

From 2012 to 2021, the average annual growth rate of volume to Brazil totaled +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+9.9% per year) and Chile (-3.2% per year).

In value terms, Brazil ($X) remains the key foreign market for frozen potatoes prepared or preserved exports from Argentina, comprising 86% of total exports. The second position in the ranking was held by Uruguay ($X), with a 5.8% share of total exports. It was followed by Chile, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Brazil totaled +5.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uruguay (+7.0% per year) and Chile (-5.2% per year).

Export Prices by Country

The average preserved frozen potato export price stood at $X per ton in 2021, stabilizing at the previous year. Over the period under review, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 8.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2021, the highest price was recorded for prices to Paraguay ($X per ton) and Bolivia ($X per ton), while the average price for exports to Uruguay ($X per ton) and Brazil ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (-1.1%), while the prices for the other major destinations experienced a decline.

Preserved Frozen Potato Imports

Imports into Argentina

In 2021, purchases abroad of frozen potatoes prepared or preserved decreased by -19.7% to X tons, falling for the third consecutive year after five years of growth. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2017 with an increase of 531% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, preserved frozen potato imports reduced to $X in 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of 414%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest preserved frozen potato supplier to Argentina, accounting for a 77% share of total imports. Moreover, preserved frozen potato imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Belgium (X tons), fourfold. The third position in this ranking was held by Brazil (X tons), with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at -7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.0% per year) and Brazil (-78.2% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of frozen potatoes prepared or preserved to Argentina, comprising 72% of total imports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total imports. It was followed by Brazil, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.7% per year) and Brazil (-71.9% per year).

Import Prices by Country

In 2021, the average preserved frozen potato import price amounted to $X per ton, picking up by 9.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 23% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Brazil (+28.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :