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Latest Report Update: May 5, 2021

Philippines - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Philippines: Frozen Potato Market Overview 2021

Frozen Potato Market Size in the Philippines

After four years of growth, the Philippine frozen potato market decreased by -X% to $X in 2020. In general, consumption, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Frozen potato consumption peaked at $X in 2019, and then dropped markedly in the following year.

Frozen Potato Exports

Exports from the Philippines

In 2020, exports of frozen potatoes from the Philippines plummeted to X kg, with a decrease of -X% against 2019. Overall, exports recorded a abrupt descent. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, exports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, exports remained at a lower figure.

In value terms, frozen potato exports contracted notably to $X in 2020. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2019 when exports increased by X% against the previous year. Exports peaked at $X in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Kuwait (X kg) was the main destination for frozen potato exports from the Philippines, accounting for a X% share of total exports. Moreover, frozen potato exports to Kuwait exceeded the volume sent to the second major destination, Poland (X kg), more than tenfold. The third position in this ranking was occupied by the UK (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Kuwait amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and the UK (-X% per year).

In value terms, the UK ($X), Kuwait ($X) and Poland ($X) were the largest markets for frozen potato exported from the Philippines worldwide, with a combined X% share of total exports.

The UK 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 mixed trend patterns.

Export Prices by Country

The average frozen potato export price stood at $X per tonne in 2020, rising by X% against the previous year. Over the period under review, the export price continues to indicate a tangible expansion. The growth pace was the most rapid in 2017 when the average export price increased by X% y-o-y. Over the period under review, average export prices attained the maximum at $X per tonne in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per tonne), while the average price for exports to Kuwait ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into the Philippines

In 2020, the amount of frozen potatoes imported into the Philippines fell sharply to X tonnes, declining by -X% against 2019 figures. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2019, and then shrank dramatically in the following year.

In value terms, frozen potato imports fell dramatically to $X in 2020. Over the period under review, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2019, and then declined rapidly in the following year.

Imports by Country

The U.S. (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes) were the main suppliers of frozen potato imports to the Philippines, together comprising X% of total imports. These countries were followed by Canada, New Zealand, China and India, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato suppliers to the Philippines were the U.S. ($X), Belgium ($X) and the Netherlands ($X), with a combined X% share of total imports. Canada, New Zealand, India and China lagged somewhat behind, together comprising a further X (+X% per year) 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

In 2020, the average frozen potato import price amounted to $X per tonne, which is down by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. The import price peaked at $X per tonne in 2019, and then dropped in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen potatoes in the world?
+
China (5.5M tonnes) remains the largest frozen potato consuming country worldwide, comprising approx. 23% of total volume. Moreover, frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.4M tonnes), twofold. India (2.1M tonnes) ranked third in terms of total consumption with a 8.9% share.
What are the largest producers of frozen potatoes in the world?
+
The country with the largest volume of frozen potato production was China (5.4M tonnes), comprising approx. 22% of total volume. Moreover, frozen potato production in China exceeded the figures recorded by the second-largest producer, Belgium (2.5M tonnes), twofold. The U.S. (2.2M tonnes) ranked third in terms of total production with a 9.1% share.
What are the leading suppliers of frozen potatoes to the Philippines?
+
In value terms, the largest frozen potato suppliers to the Philippines were the U.S. ($44M), Belgium ($24M) and the Netherlands ($17M), with a combined 78% share of total imports. Canada, New Zealand, India and China lagged somewhat behind, together accounting for a further 20%.
What are the leading importers of frozen potatoes from the Philippines?
+
In value terms, the UK ($715), Kuwait ($660) and Poland ($470) appeared to be the largest markets for frozen potato exported from the Philippines worldwide, together comprising 85% of total exports.
What is the average export price for frozen potatoes in the Philippines?
+
In 2020, the average frozen potato export price amounted to $2,801 per tonne, picking up by 51% against the previous year.
What is the average import price for frozen potatoes in the Philippines?
+
The average frozen potato import price stood at $917 per tonne in 2020, dropping by -14.2% against the previous year.

Product coverage:
• Prodcom 10311110 - Frozen potatoes, uncooked or cooked by steaming or boiling in water
• 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 frozen potato market in the Philippines. 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:
• Philippines

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Philippines
• 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
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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
8. IMPORTS

The Largest Import Supplying Countries

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

The Largest Destinations for Exports

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

This Chapter is Available Only for the Professional Edition PRO
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 In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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