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U.S. - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Frozen Potato Market Overview 2021

Frozen Potato Market Size in the U.S.

In 2020, the U.S. frozen potato market decreased by -X% to $X for the first time since 2016, thus ending a three-year rising trend. In general, consumption, however, continues to indicate slight growth. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Frozen potato consumption peaked at $X in 2019, and then shrank slightly in the following year.

Frozen Potato Production in the U.S.

In value terms, frozen potato production contracted to $X in 2020. Overall, production, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2012 when the production volume increased by X% year-to-year. Frozen potato production peaked at $X in 2019, and then dropped in the following year.

Frozen Potato Exports

Exports from the U.S.

In 2020, exports of frozen potatoes from the U.S. contracted notably to X tonnes, waning by -X% on 2019 figures. Overall, total exports indicated a tangible expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2019, and then declined dramatically in the following year.

In value terms, frozen potato exports fell significantly to $X in 2020. In general, total exports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2019, and then plummeted in the following year.

Exports by Country

Japan (X tonnes), Mexico (X tonnes) and South Korea (X tonnes) were the main destinations of frozen potato exports from the U.S., together accounting for X% of total exports. Taiwan (Chinese), China, Canada, the Philippines, Malaysia, Saudi Arabia, Hong Kong SAR, Guatemala and Singapore lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Guatemala, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), Mexico ($X) and South Korea ($X) appeared to be the largest markets for frozen potato exported from the U.S. worldwide, together comprising X% of total exports. Canada, Taiwan (Chinese), China, the Philippines, Malaysia, Hong Kong SAR, Saudi Arabia, Singapore and Guatemala lagged somewhat behind, together accounting for a further X saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average frozen potato export price amounted to $X per tonne, falling by -X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2009; however, from 2010 to 2020, export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2020, the countries with the highest prices were Canada ($X per tonne) and Singapore ($X per tonne), while the average price for exports to Japan ($X per tonne) and Saudi Arabia ($X per tonne) were amongst the lowest.

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

Frozen Potato Imports

Imports into the U.S.

Frozen potato imports into the U.S. reached X tonnes in 2020, increasing by X% on the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Over the period under review, imports hit record highs in 2020 and are likely to continue growth in years to come.

In value terms, frozen potato imports rose remarkably to $X in 2020. In general, total imports indicated notable growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2018 when imports increased by X% year-to-year. Over the period under review, imports reached the peak figure in 2020 and are expected to retain growth in the near future.

Imports by Country

In 2020, Canada (X tonnes) constituted the largest frozen potato supplier to the U.S., accounting for a X% share of total imports. Moreover, frozen potato imports from Canada exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), ninefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Canada amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

The average frozen potato import price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. The import price peaked in 2020 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Canada ($X per tonne), while the price for the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen potatoes in the world?
+
China (5.5M tonnes) constituted the country with the largest volume of frozen potato consumption, 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?
+
China (5.4M tonnes) constituted the country with the largest volume of frozen potato production, 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 U.S.?
+
In value terms, Canada ($947M) constituted the largest supplier of frozen potato to the U.S., comprising 86% of total imports. The second position in the ranking was occupied by Belgium ($97M), with a 8.8% share of total imports.
What are the leading importers of frozen potatoes from the U.S.?
+
In value terms, Japan ($284M), Mexico ($164M) and South Korea ($109M) were the largest markets for frozen potato exported from the U.S. worldwide, with a combined 53% share of total exports. These countries were followed by Canada, Taiwan (Chinese), China, the Philippines, Malaysia, Hong Kong SAR, Saudi Arabia, Singapore and Guatemala, which together accounted for a further 36%.
What is the average export price for frozen potatoes in the U.S.?
+
In 2020, the average frozen potato export price amounted to $1,150 per tonne, dropping by -1.9% against the previous year.
What is the average import price for frozen potatoes in the U.S.?
+
The average frozen potato import price stood at $1,021 per tonne in 2020, leveling off at 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 U.S.. 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:
• USA

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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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