Czech Republic: Frozen Potato Market 2022

Frozen Potato Market Size in the Czech Republic

The Czech frozen potato market rose sharply to $X in 2021, picking up by X% against the previous year. The market 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. Frozen potato consumption peaked in 2021 and is expected to retain growth in the immediate term.

Frozen Potato Production in the Czech Republic

In value terms, frozen potato production reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a strong increase from 2012 to 2021: its value 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. Based on 2021 figures, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Frozen potato production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Frozen Potato Exports

Exports from the Czech Republic

In 2021, overseas shipments of frozen potatoes decreased by -X% to X tons, falling for the fourth consecutive year after six years of growth. Over the period under review, total exports indicated resilient growth from 2012 to 2021: its volume 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, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, frozen potato exports fell to $X in 2021. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2020, and then shrank in the following year.

Exports by Country

Hungary (X tons), Slovakia (X tons) and Romania (X tons) were the main destinations of frozen potato exports from the Czech Republic, 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 Romania (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X), Hungary ($X) and Romania ($X) were the largest markets for frozen potato exported from the Czech Republic worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Romania, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, 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, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Romania ($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 Slovakia (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into the Czech Republic

In 2021, imports of frozen potatoes into the Czech Republic amounted to X tons, increasing by X% on 2020 figures. 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 appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen potato imports surged to $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 remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Poland (X tons), Belgium (X tons) and the Netherlands (X tons) were the main suppliers of frozen potato imports to the Czech Republic, together accounting for X% of total imports. These countries were followed by Germany and Slovakia, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Belgium ($X) and the Netherlands ($X) constituted the largest frozen potato suppliers to the Czech Republic, with a combined X% share of total imports. These countries were followed by Germany and Slovakia, which together accounted for a further X terms of the main suppliers, Slovakia, 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

In 2021, the average frozen potato import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Slovakia ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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