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Report U.S. - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Mar 18, 2023

U.S. - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Frozen Potato Market 2023

Frozen Potato Market Size in the U.S.

The U.S. frozen potato market skyrocketed to $X in 2021, jumping by 15% against the previous year. The market value increased at an average annual rate of +4.4% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. Frozen potato consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Frozen Potato Production in the U.S.

In value terms, frozen potato production rose sharply to $X in 2021. The total output value increased at an average annual rate of +1.7% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by 22% against the previous year. Frozen potato production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Frozen Potato Exports

Exports from the U.S.

Frozen potato exports from the United States skyrocketed to X tons in 2021, picking up by 16% compared with 2020 figures. The total export volume increased at an average annual rate of +1.1% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The exports peaked at X tons in 2019; afterwards, it flattened through to 2021.

In value terms, frozen potato exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Mexico (X tons), Japan (X tons) and South Korea (X tons) were the main destinations of frozen potato exports from the United States, together accounting for 58% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +12.2%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X), Japan ($X) and South Korea ($X) constituted the largest markets for frozen potato exported from the United States worldwide, together comprising 56% of total exports.

Among the main countries of destination, Mexico, with a CAGR of +12.9%, 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

In 2021, the average frozen potato export price amounted to $X per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 2.1% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, amid the top suppliers, the countries with the highest prices were Singapore ($X per ton) and South Korea ($X per ton), while the average price for exports to China ($X per ton) and Mexico ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+2.1%), 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 United States expanded notably to X tons in 2021, with an increase of 14% compared with the previous year's figure. In general, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +63.4% against 2012 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen potato imports surged to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.5% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Canada (X tons) constituted the largest supplier of frozen potato to the United States, with a 86% share of total imports. Moreover, frozen potato imports from Canada exceeded the figures recorded by the second-largest supplier, Belgium (X tons), ninefold.

From 2012 to 2021, the average annual growth rate of volume from Canada amounted to +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+66.8% per year) and the Netherlands (+9.6% per year).

In value terms, Canada ($X) constituted the largest supplier of frozen potatoes to the United States, comprising 88% of total imports. The second position in the ranking was taken by Belgium ($X), with a 7.7% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Canada stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+62.5% per year) and the Netherlands (+10.7% per year).

Import Prices by Country

In 2021, the average frozen potato import price amounted to $X per ton, growing by 6.8% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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?
+
The country with the largest volume of frozen potato consumption was China, accounting for 25% of total volume. Moreover, frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was taken by the United States, with an 8.5% share.
What are the largest producers of frozen potatoes in the world?
+
The country with the largest volume of frozen potato production was China, comprising approx. 24% of total volume. Moreover, frozen potato production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. India ranked third in terms of total production with a 9.9% share.
What are the leading suppliers of frozen potatoes to the U.S.?
+
In value terms, Canada constituted the largest supplier of frozen potatoes to the United States, comprising 88% of total imports. The second position in the ranking was held by Belgium, with a 7.7% share of total imports.
What are the leading importers of frozen potatoes from the U.S.?
+
In value terms, the largest markets for frozen potato exported from the United States were Mexico, Japan and South Korea, together accounting for 56% of total exports.
What is the average export price for frozen potatoes in the U.S.?
+
In 2021, the average frozen potato export price amounted to $1,148 per ton, remaining relatively unchanged against the previous year.
What is the average import price for frozen potatoes in the U.S.?
+
In 2021, the average frozen potato import price amounted to $1,059 per ton, picking up by 6.8% against the previous year.

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 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:
• United States

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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS  This Chapter is Available Only for the Professional Edition PRO
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 PRODUCT

Finding New Products to Diversify Your Business

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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

This Chapter is Available Only for the Professional Edition PRO
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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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

This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
Figure 8:
Market Forecast To 2030
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, 2012–2022
Figure 21:
Production, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, 2012–2022
Figure 23:
Imports, In Value Terms, 2012–2022
Figure 24:
Imports, In Physical Terms, By Country, 2022
Figure 25:
Imports, In Physical Terms, By Country, 2012–2022
Figure 26:
Imports, In Value Terms, By Country, 2012–2022
Figure 27:
Import Prices, By Country Of Origin, 2012–2022
Figure 28:
Exports, In Physical Terms, 2012–2022
Figure 29:
Exports, In Value Terms, 2012–2022
Figure 30:
Exports, In Physical Terms, By Country, 2022
Figure 31:
Exports, In Physical Terms, By Country, 2012–2022
Figure 32:
Exports, In Value Terms, By Country, 2012–2022
Figure 33:
Export Prices, By Country Of Destination, 2012–2022
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