Australia and Oceania: Frozen Potato Market 2024

Frozen Potato Market Size in Australia and Oceania

The frozen potato market in Australia and Oceania contracted to $X in 2022, stabilizing at the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Frozen Potato Production in Australia and Oceania

In value terms, frozen potato production contracted to $X in 2022 estimated in export price. In general, production continues to indicate a slight decrease. The growth pace was the most rapid in 2017 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Frozen Potato Exports

Exports in Australia and Oceania

In 2022, shipments abroad of frozen potatoes was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The volume of export peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, frozen potato exports shrank to $X in 2022. Overall, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, New Zealand (X tons) represented the major exporter of frozen potatoes, achieving X% of total exports. It was distantly followed by Australia (X tons), constituting a X% share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of frozen potatoes. Australia experienced a relatively flat trend pattern. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, New Zealand ($X) remains the largest frozen potato supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was held by Australia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in New Zealand stood at X%.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price showed a slight descent. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Frozen Potato Imports

Imports in Australia and Oceania

In 2022, overseas purchases of frozen potatoes increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, frozen potato imports surged to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Australia represented the largest importing country with an import of about X tons, which accounted for X% of total imports. New Zealand (X tons) held the second position in the ranking, followed by Papua New Guinea (X tons). All these countries together took approx. X% share of total imports. The following importers - Fiji (X tons), French Polynesia (X tons), New Caledonia (X tons) and Samoa (X tons) - together made up X% of total imports.

Australia experienced a relatively flat trend pattern with regard to volume of imports of frozen potatoes. At the same time, Samoa (X%), Fiji (X%), Papua New Guinea (X%), New Caledonia (X%), French Polynesia (X%) and New Zealand (X%) displayed positive paces of growth. Moreover, Samoa emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Fiji, Papua New Guinea and Samoa increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported frozen potatoes in Australia and Oceania, comprising X% of total imports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total imports. It was followed by French Polynesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: New Zealand (X% per year) and French Polynesia (X% per year).

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was French Polynesia ($X per ton), while Samoa ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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