Latest Report Update: Apr 14, 2021

Philippines - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Philippines: Preserved Frozen Potato Market Overview 2021

Preserved Frozen Potato Market Size in the Philippines

In 2019, the Philippine preserved frozen potato market increased by X% to $X for the first time since 2016, thus ending a two-year declining trend. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the market value increased by X% y-o-y. As a result, consumption attained the peak level of $X. From 2017 to 2019, the growth of the market failed to regain the momentum.

Preserved Frozen Potato Production in the Philippines

In value terms, preserved frozen potato production declined modestly to $X in 2019 estimated in export prices. Overall, production recorded a perceptible decrease. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Preserved frozen potato production peaked at $X in 2010; however, from 2011 to 2019, production remained at a lower figure.

Preserved Frozen Potato Exports

Exports from the Philippines

In 2019, exports of frozen potatoes (prepared or preserved) from the Philippines surged to X tonnes, increasing by X% on the previous year's figure. Over the period under review, exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2015 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2019, exports failed to regain the momentum.

In value terms, preserved frozen potato exports surged to $X in 2019. In general, exports continue to indicate prominent growth. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Finland (X tonnes) was the main destination for preserved frozen potato exports from the Philippines, with a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Finland stood at +X%.

From 2007 to 2019, the average annual rate of growth in terms of value to Finland totaled +X%.

Export Prices by Country

The average preserved frozen potato export price stood at $X per tonne in 2019, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible descent. The pace of growth was the most pronounced in 2014 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

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

Preserved Frozen Potato Imports

Imports into the Philippines

In 2019, approx. X tonnes of frozen potatoes (prepared or preserved) were imported into the Philippines; with an increase of X% compared with 2018. Overall, imports saw a buoyant increase. The growth pace was the most rapid in 2016 when imports increased by X% y-o-y. Over the period under review, imports hit record highs in 2019 and are likely to see steady growth in years to come.

In value terms, preserved frozen potato imports expanded rapidly to $X in 2019. Over the period under review, imports recorded strong growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Over the period under review, imports attained the maximum in 2019 and are likely to see steady growth in the near future.

Imports by Country

In 2019, the U.S. (X tonnes) constituted the largest supplier of preserved frozen potato to the Philippines, with a X% share of total imports. Moreover, preserved frozen potato imports from the U.S. exceeded the figures recorded by the second-largest supplier, the Netherlands (X tonnes), threefold. Belgium (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from the U.S. stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of preserved frozen potato to the Philippines, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Belgium (+X% per year).

Import Prices by Country

In 2019, the average preserved frozen potato import price amounted to $X per tonne, rising by X% against the previous year. Over the last twelve years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2012 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2019, the countries with the highest prices were New Zealand ($X per tonne) and Canada ($X per tonne), while the price for Belgium ($X per tonne) and the Netherlands ($X per tonne) were amongst the lowest.

From 2007 to 2019, 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 (prepared or preserved) in the world?
+
The country with the largest volume of preserved frozen potato consumption was China (6.6M tonnes), comprising approx. 17% of total volume. Moreover, preserved frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.8M tonnes), twofold. The third position in this ranking was occupied by India (2.6M tonnes), with a 6.8% share.
What are the largest producers of frozen potatoes (prepared or preserved) in the world?
+
China (6.4M tonnes) constituted the country with the largest volume of preserved frozen potato production, accounting for 16% of total volume. Moreover, preserved frozen potato production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. Belgium (2.7M tonnes) ranked third in terms of total production with a 6.8% share.
What are the leading suppliers of frozen potatoes (prepared or preserved) to the Philippines?
+
In value terms, the U.S. ($83M) constituted the largest supplier of preserved frozen potato to the Philippines, comprising 51% of total imports. The second position in the ranking was occupied by the Netherlands ($28M), with a 17% share of total imports. It was followed by Belgium, with a 15% share.
What is the average export price for frozen potatoes (prepared or preserved) in the Philippines?
+
The average preserved frozen potato export price stood at $1,861 per tonne in 2019, growing by 1.9% against the previous year.
What is the average import price for frozen potatoes (prepared or preserved) in the Philippines?
+
The average preserved frozen potato import price stood at $1,069 per tonne in 2019, surging by 2.7% 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 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

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
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

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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