Latest Report Update: Apr 14, 2021

Latin America and the Caribbean - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Latin America and the Caribbean: Preserved Frozen Potato Market Overview 2021

Preserved Frozen Potato Market Size in Latin America and the Caribbean

In 2019, the Latin American preserved frozen potato market decreased by -X% to $X, falling for the second consecutive year after two years of growth. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2018 to 2019, the growth of the market failed to regain the momentum.

Preserved Frozen Potato Production in Latin America and the Caribbean

In value terms, preserved frozen potato production amounted to $X in 2019 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. As a result, production reached the peak level of $X. From 2018 to 2019, production growth remained at a lower figure.

Production By Country in Latin America and the Caribbean

The countries with the highest volumes of preserved frozen potato production in 2019 were Brazil (X tonnes), Mexico (X tonnes) and Argentina (X tonnes), together accounting for X% of total production. These countries were followed by Venezuela, Colombia, Peru, Cuba, Ecuador, Bolivia, the Dominican Republic, Guatemala and Haiti, which together accounted for a further X 2007 to 2019, the biggest increases were in Venezuela, while preserved frozen potato production for the other leaders experienced more modest paces of growth.

Preserved Frozen Potato Exports

Exports in Latin America and the Caribbean

In 2019, shipments abroad of frozen potatoes (prepared or preserved) increased by X% to X tonnes for the first time since 2016, thus ending a two-year declining trend. Total exports indicated moderate growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato exports soared to $X in 2019. Total exports indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, exports attained the peak of $X. From 2014 to 2019, the growth exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of frozen potatoes (prepared or preserved), namely Argentina, represented more than two-thirds of total export.

Argentina was also the fastest-growing in terms of the frozen potatoes (prepared or preserved) exports, with a CAGR of +X% from 2007 to 2019. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) also remains the largest preserved frozen potato supplier in Latin America and the Caribbean.

In Argentina, preserved frozen potato exports expanded at an average annual rate of +X% over the period from 2007-2019.

Export Prices by Country

The preserved frozen potato export price in Latin America and the Caribbean stood at $X per tonne in 2019, remaining relatively unchanged against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% against the previous year. The level of export peaked at $X per tonne in 2014; however, from 2015 to 2019, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2007 to 2019, the rate of growth in terms of prices for Argentina amounted to +X% per year.

Preserved Frozen Potato Imports

Imports in Latin America and the Caribbean

In 2019, approx. X tonnes of frozen potatoes (prepared or preserved) were imported in Latin America and the Caribbean; with an increase of X% on 2018 figures. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. The volume of import peaked in 2019 and is expected to retain growth in the immediate term.

In value terms, preserved frozen potato imports rose sharply to $X in 2019. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in the near future.

Imports by Country

In 2019, Brazil (X tonnes), distantly followed by Mexico (X tonnes), Chile (X tonnes) and Colombia (X tonnes) were the major importers of frozen potatoes (prepared or preserved), together mixing up X% of total imports. Peru (X tonnes), Uruguay (X tonnes), the Dominican Republic (X tonnes), Costa Rica (X tonnes), Panama (X tonnes), Guatemala (X tonnes), Honduras (X tonnes), Trinidad and Tobago (X tonnes) and Jamaica (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Colombia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest preserved frozen potato importing markets in Latin America and the Caribbean were Brazil ($X), Mexico ($X) and Chile ($X), together accounting for X% of total imports. These countries were followed by Colombia, Guatemala, Peru, Costa Rica, Panama, Uruguay, the Dominican Republic, Honduras, Jamaica and Trinidad and Tobago, which together accounted for a further X saw the highest rates of growth with regard to the value of imports, in terms of 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 2019, the preserved frozen potato import price in Latin America and the Caribbean amounted to $X per tonne, surging by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2014 to 2019, the growth in terms of the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2019, major importing countries recorded the following prices: in Guatemala ($X per tonne) and Mexico ($X per tonne), while Peru ($X per tonne) and the Dominican Republic ($X per tonne) were amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of preserved frozen potato consumption in 2019 were Brazil (1.2M tonnes), Mexico (803K tonnes) and Argentina (346K tonnes), with a combined 58% share of total consumption. These countries were followed by Colombia, Venezuela, Peru, Chile, Cuba, Ecuador, the Dominican Republic, Guatemala and Bolivia, which together accounted for a further 31%.
What are the largest producers of frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
The countries with the highest volumes of preserved frozen potato production in 2019 were Brazil (843K tonnes), Mexico (612K tonnes) and Argentina (573K tonnes), with a combined 63% share of total production. These countries were followed by Venezuela, Colombia, Peru, Cuba, Ecuador, Bolivia, the Dominican Republic, Guatemala and Haiti, which together accounted for a further 31%.
What are the leading suppliers of frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, Argentina ($210M) remains the largest preserved frozen potato supplier in Latin America and the Caribbean.
What are the leading importers of frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
In value terms, the largest preserved frozen potato importing markets in Latin America and the Caribbean were Brazil ($321M), Mexico ($221M) and Chile ($101M), together accounting for 65% of total imports. Colombia, Guatemala, Peru, Costa Rica, Panama, Uruguay, the Dominican Republic, Honduras, Jamaica and Trinidad and Tobago lagged somewhat behind, together comprising a further 27%.
What is the average export price for frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
In 2019, the preserved frozen potato export price in Latin America and the Caribbean amounted to $921 per tonne, approximately reflecting the previous year.
What is the average import price for frozen potatoes (prepared or preserved) in LatAmerica and the Caribbean?
+
In 2019, the preserved frozen potato import price in Latin America and the Caribbean amounted to $984 per tonne, picking up by 3.3% against the previous year.

Product coverage:
• Prodcom 10311130 - Frozen potatoes, prepared or preserved (including potatoes cooked or partly cooked in oil and then frozen, excluding by vinegar or acetic acid)

This report provides an in-depth analysis of the preserved frozen potato market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• Dominica
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bermuda
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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