
South Africa - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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 ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (-X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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