Brazil: Frozen Potato Market 2022

Frozen Potato Market Size in Brazil

The Brazilian frozen potato market expanded slightly to $X in 2021, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Frozen potato consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Frozen Potato Exports

Exports from Brazil

In 2021, shipments abroad of frozen potatoes increased by X% to X tons, rising for the fourth consecutive year after two years of decline. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, frozen potato exports soared to $X in 2021. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Uruguay (X tons) was the main destination for frozen potato exports from Brazil, accounting for a X% share of total exports. Moreover, frozen potato exports to Uruguay exceeded the volume sent to the second major destination, Bolivia (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uruguay amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and Paraguay (+X% per year).

In value terms, Uruguay ($X) emerged as the key foreign market for frozen potato exports from Brazil, comprising X% of total exports. The second position in the ranking was held by Bolivia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Uruguay amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bolivia (+X% per year) and Paraguay (+X% per year).

Export Prices by Country

In 2021, the average frozen potato export price amounted to $X per ton, dropping by -X% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Bolivia ($X per ton), while the average price for exports to Paraguay ($X per ton) was amongst the lowest.

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

Frozen Potato Imports

Imports into Brazil

For the third consecutive year, Brazil recorded growth in overseas purchases of frozen potatoes, which increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, frozen potato imports reached $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Argentina (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of frozen potato imports to Brazil, together comprising X% of total imports. These countries were followed by Turkey, which accounted for a further X 2012 to 2021, the biggest increases were in Turkey (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato suppliers to Brazil were Argentina ($X), Belgium ($X) and the Netherlands ($X), together comprising X% of total imports. Turkey lagged somewhat behind, comprising a further X the main suppliers, Turkey, with a CAGR of +X%, 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 average frozen potato import price stood at $X per ton in 2021, leveling off at the previous year. In general, the import price saw a mild slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Argentina ($X per ton) and the Netherlands ($X per ton), while the price for Turkey ($X per ton) and Belgium ($X per ton) were 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 a decline.

Source: IndexBox Market Intelligence Platform

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