Austria: Frozen Potato Market 2022

Frozen Potato Market Size in Austria

In 2021, the Austrian frozen potato market decreased by -X% to $X, falling for the third consecutive year after two years of growth. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. Frozen potato consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Frozen Potato Production in Austria

In value terms, frozen potato production expanded to $X in 2021 estimated in export price. In general, the total production indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Frozen Potato Exports

Exports from Austria

In 2021, shipments abroad of frozen potatoes was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, total exports indicated a measured expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, frozen potato exports surged to $X in 2021. Overall, total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Romania (X tons) and the Netherlands (X tons) were the main destinations of frozen potato exports from Austria, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the Netherlands ($X) and Romania ($X) appeared to be the largest markets for frozen potato exported from Austria worldwide, together comprising X% of total exports.

The Netherlands, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen potato export price stood at $X per ton in 2021, rising by X% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, the countries with the highest prices were the Netherlands ($X per ton) and Germany ($X per ton), while the average price for exports to Hungary ($X per ton) and Slovenia ($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 the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into Austria

In 2021, purchases abroad of frozen potatoes decreased by -X% to X tons, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports reached the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen potato imports shrank slightly to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of frozen potato imports to Austria, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Germany ($X) and Belgium ($X) constituted the largest frozen potato suppliers to Austria, with a combined X% share of total imports.

Germany, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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