Russian Federation: Frozen Potato Market Overview 2020

Frozen Potato Market Size in the Russian Federation

The revenue of the frozen potato market in Russia amounted to $X in 2018, going up by X% against the previous year. Over the period under review, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen potato consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Frozen potato consumption peaked in 2018 and is expected to retain its growth in the near future.

Frozen Potato Production in the Russian Federation

In value terms, frozen potato production stood at $X in 2018 estimated in export prices. Overall, frozen potato production continues to indicate a moderate downturn. The pace of growth was the most pronounced in 2012 with an increase of X% against the previous year. In that year, frozen potato production reached its peak level of $X. From 2013 to 2018, frozen potato production growth remained at a lower figure.

Frozen Potato Exports

Exports from the Russian Federation

In 2018, the amount of frozen potatoes exported from Russia totaled X tonnes, surging by X% against the previous year. Over the period under review, frozen potato exports continue to indicate extraordinary growth. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Over the period under review, frozen potato exports attained their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, frozen potato exports amounted to $X in 2018. Overall, frozen potato exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Exports peaked in 2018 and are likely to see steady growth in the near future.

Exports by Country

Kazakhstan (X tonnes) was the main destination for frozen potato exports from Russia, with a X% share of total exports. Moreover, frozen potato exports to Kazakhstan exceeded the volume sent to the second major destination, Belarus (X tonnes), twofold. Georgia (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to Kazakhstan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+X% per year) and Georgia (+X% per year).

In value terms, Kazakhstan ($X) remains the key foreign market for frozen potato exports from Russia, comprising X% of total frozen potato exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of total exports. It was followed by Armenia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Kazakhstan amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (+X% per year) and Armenia (+X% per year).

Export Prices by Country

The average frozen potato export price stood at $X per tonne in 2018, reducing by -X% against the previous year. Overall, the frozen potato export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. In that year, the average export prices for frozen potatoes reached their peak level of $X per tonne. From 2013 to 2018, the growth in terms of the average export prices for frozen potatoes remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan, while the prices for the other major destinations experienced more modest paces of growth.

Frozen Potato Imports

Imports into the Russian Federation

In 2018, approx. X tonnes of frozen potatoes were imported into Russia; stabilizing at the previous year. Over the period under review, the total imports indicated a resilient expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen potato imports increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2017 with an increase of X% year-to-year. In that year, frozen potato imports reached their peak of X tonnes, leveling off in the following year.

In value terms, frozen potato imports stood at $X in 2018. Overall, the total imports indicated a resilient increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, frozen potato imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, frozen potato imports attained their peak figure in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

The Netherlands (X tonnes), Poland (X tonnes) and India (X tonnes) were the main suppliers of frozen potato imports to Russia, together comprising X% of total imports. France, Belgium, Lithuania and Saudi Arabia lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Lithuania (+X% per year), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest frozen potato suppliers to Russia were the Netherlands ($X), Poland ($X) and France ($X), together accounting for X% of total imports. These countries were followed by Belgium, Lithuania, India and Saudi Arabia, which together accounted for a further X terms of the main suppliers, Lithuania (+X% per year) recorded the highest rates of growth with regard to market size, over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average frozen potato import price amounted to $X per tonne, jumping by X% against the previous year. Overall, the frozen potato import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009 an increase of X% y-o-y. The import price peaked at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform