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Latest Report Update: Jul 23, 2022

South Africa - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Frozen Potato Market 2022

Frozen Potato Market Size in South Africa

The South African frozen potato market declined to $X in 2021, reducing by -X% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Over the period under review, the market attained the maximum level at $X in 2020, and then declined modestly in the following year.

Frozen Potato Production in South Africa

In value terms, frozen potato production shrank to $X in 2021 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2020, and then fell in the following year.

Frozen Potato Exports

Exports from South Africa

In 2021, shipments abroad of frozen potatoes decreased by -X% to X tons, falling for the second year in a row after three years of growth. Overall, exports recorded a noticeable reduction. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, frozen potato exports reduced sharply to $X in 2021. Over the period under review, exports showed a perceptible contraction. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Botswana (X tons), Zambia (X tons) and Namibia (X tons) were the main destinations of frozen potato exports from South Africa, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Zambia (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for frozen potato exported from South Africa were Botswana ($X), Zambia ($X) and Namibia ($X), with a combined X% share of total exports.

Among the main countries of destination, Namibia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average frozen potato export price stood at $X per ton in 2021, shrinking by -X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Mozambique ($X per ton), while the average price for exports to Zambia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Potato Imports

Imports into South Africa

In 2021, after two years of decline, there was significant growth in purchases abroad of frozen potatoes, when their volume increased by X% to X tons. Overall, imports, however, saw a perceptible curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, frozen potato imports totaled $X in 2021. Over the period under review, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of frozen potato to South Africa, with a X% share of total imports. Moreover, frozen potato imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and India (+X% per year).

In value terms, Belgium ($X) constituted the largest supplier of frozen potato to South Africa, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Belgium totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and India (+X% per year).

Import Prices by Country

The average frozen potato import price stood at $X per ton in 2021, shrinking by -X% against the previous year. Over the period under review, the import price saw a noticeable reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2022	2012-2022	2023-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen potatoes in the world?

China constituted the country with the largest volume of frozen potato consumption, accounting for 27% of total volume. Moreover, frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 10% share.

What are the largest producers of frozen potatoes in the world?

China constituted the country with the largest volume of frozen potato production, accounting for 26% of total volume. Moreover, frozen potato production in China exceeded the figures recorded by the second-largest producer, Belgium, threefold. India ranked third in terms of total production with a 10% share.

What are the leading suppliers of frozen potatoes to South Africa?

In value terms, Belgium constituted the largest supplier of frozen potato to South Africa, comprising 71% of total imports. The second position in the ranking was taken by Germany, with a 13% share of total imports. It was followed by India, with a 7.6% share.

What are the leading importers of frozen potatoes from South Africa?

In value terms, the largest markets for frozen potato exported from South Africa were Botswana, Zambia and Namibia, with a combined 76% share of total exports.

What is the average export price for frozen potatoes in South Africa?

In 2021, the average frozen potato export price amounted to $1,014 per ton, reducing by -3.5% against the previous year.

What is the average import price for frozen potatoes in South Africa?

In 2021, the average frozen potato import price amounted to $561 per ton, reducing by -18.9% against the previous year.

This report provides an in-depth analysis of the frozen potato market in South Africa. 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 2030.

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)

Country coverage:

• South Africa

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in South Africa

• 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

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance