EU: Preserved Frozen Potato Market 2024

Preserved Frozen Potato Market Size in the EU

The EU preserved frozen potato market surged to $X in 2021, jumping by 20% against the previous year. The market value increased at an average annual rate of +3.7% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Preserved Frozen Potato Production in the EU

In value terms, preserved frozen potato production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Preserved Frozen Potato Exports

Exports in the EU

In 2021, exports of frozen potatoes prepared or preserved in the European Union was estimated at X tons, increasing by 13% compared with the previous year. The total export volume increased at an average annual rate of +4.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 19%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Belgium represented the largest exporter of frozen potatoes prepared or preserved in the European Union, with the volume of exports finishing at X tons, which was approx. 50% of total exports in 2021. The Netherlands (X tons) held a 32% share (based on physical terms) of total exports, which put it in second place, followed by France (6.2%) and Germany (6.2%). Poland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Belgium (with a CAGR of +6.8%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and France ($X) constituted the countries with the highest levels of exports in 2021, together comprising 87% of total exports.

Belgium, with a CAGR of +6.7%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per ton, growing by 2.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 15% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in France ($X per ton) and the Netherlands ($X per ton), while Belgium ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.8%), while the other leaders experienced more modest paces of growth.

Preserved Frozen Potato Imports

Imports in the EU

In 2021, preserved frozen potato imports in the European Union rose rapidly to X tons, increasing by 12% on the previous year's figure. The total import volume increased at an average annual rate of +3.2% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato imports rose notably to $X in 2021. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by 16%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, France (X tons), distantly followed by the Netherlands (X tons), Germany (X tons), Italy (X tons), Belgium (X tons), Spain (X tons) and Poland (X tons) represented the key importers of frozen potatoes prepared or preserved, together creating 74% of total imports. Ireland (X tons), Sweden (X tons), Greece (X tons), Romania (X tons), Portugal (X tons) and Hungary (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Poland (with a CAGR of +18.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Germany ($X) and Italy ($X) constituted the countries with the highest levels of imports in 2021, together comprising 46% of total imports. These countries were followed by the Netherlands, Belgium, Spain, Poland, Ireland, Sweden, Greece, Romania, Portugal and Hungary, which together accounted for a further 43%.

Poland, with a CAGR of +19.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in the European Union amounted to $X per ton, flattening at the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 15% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+2.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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