Latest Report Update: Apr 14, 2021

U.S. - Frozen Potatoes (Prepared Or Preserved) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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U.S.: Preserved Frozen Potato Market Overview 2021

Preserved Frozen Potato Market Size in the U.S.

The U.S. preserved frozen potato market rose modestly to $X in 2019, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Preserved frozen potato consumption peaked in 2019 and is expected to retain growth in the near future.

Preserved Frozen Potato Production in the U.S.

In value terms, preserved frozen potato production expanded rapidly to $X in 2019. The total output value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2008 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level in 2019 and is likely to see gradual growth in years to come.

Preserved Frozen Potato Exports

Exports from the U.S.

In 2019, preserved frozen potato exports from the U.S. expanded remarkably to X tonnes, growing by X% against the year before. Over the period under review, total exports indicated tangible growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-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 2010 when exports increased by X% y-o-y. Exports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, preserved frozen potato exports reached $X in 2019. In general, total exports indicated a buoyant expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2012 when exports increased by X% year-to-year. Exports peaked in 2019 and are likely to see gradual growth in years to come.

Exports by Country

Japan (X tonnes) was the main destination for preserved frozen potato exports from the U.S., accounting for a X% share of total exports. Moreover, preserved frozen potato exports to Japan exceeded the volume sent to the second major destination, Mexico (X tonnes), twofold. South Korea (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Japan stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and South Korea (+X% per year).

In value terms, Japan ($X), Mexico ($X) and South Korea ($X) were the largest markets for preserved frozen potato exported from the U.S. worldwide, with a combined X% share of total exports. These countries were followed by the Philippines, China, Canada, Taiwan (Chinese), Malaysia, Saudi Arabia, Hong Kong SAR, Singapore, Guatemala and Viet Nam, which together accounted for a further X the main countries of destination, Viet Nam recorded 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 2019, the average preserved frozen potato export price amounted to $X per tonne, approximately reflecting the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2008 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2009; afterwards, it flattened through to 2019.

Average prices varied somewhat for the major overseas markets. In 2019, the countries with the highest prices were Canada ($X per tonne) and Guatemala ($X per tonne), while the average price for exports to Viet Nam ($X per tonne) and Saudi Arabia ($X per tonne) were amongst the lowest.

From 2007 to 2019, 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.

Preserved Frozen Potato Imports

Imports into the U.S.

In 2019, supplies from abroad of frozen potatoes (prepared or preserved) decreased by -X% to X tonnes for the first time since 2014, thus ending a four-year rising trend. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; 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% year-to-year. Over the period under review, imports hit record highs at X tonnes in 2018, and then contracted modestly in the following year.

In value terms, preserved frozen potato imports totaled $X in 2019. Over the period under review, total imports indicated a tangible increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 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 attained the peak figure in 2019 and are likely to continue growth in the immediate term.

Imports by Country

In 2019, Canada (X tonnes) constituted the largest preserved frozen potato supplier to the U.S., with a X% share of total imports. Moreover, preserved frozen potato imports from Canada exceeded the figures recorded by the second-largest supplier, Belgium (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from Canada totaled +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 ($X) constituted the largest supplier of preserved frozen potato to the U.S., comprising X% of total imports. The second position in the ranking was occupied by Belgium ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms 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 preserved frozen potato import price stood at $X per tonne in 2019, growing by X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The import price peaked in 2019 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2019, the country with the highest price was the Netherlands ($X per tonne), while the price for Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 (prepared or preserved) in the world?
+
China (6.6M tonnes) remains the largest preserved frozen potato consuming country worldwide, accounting for 17% of total volume. Moreover, preserved frozen potato consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2.8M tonnes), twofold. The third position in this ranking was occupied by India (2.6M tonnes), with a 6.8% share.
What are the largest producers of frozen potatoes (prepared or preserved) in the world?
+
The country with the largest volume of preserved frozen potato production was China (6.4M tonnes), comprising approx. 16% of total volume. Moreover, preserved frozen potato production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Belgium (2.7M tonnes), with a 6.8% share.
What are the leading suppliers of frozen potatoes (prepared or preserved) to the U.S.?
+
In value terms, Canada ($906M) constituted the largest supplier of preserved frozen potato to the U.S., comprising 90% of total imports. The second position in the ranking was occupied by Belgium ($59M), with a 5.9% share of total imports.
What are the leading importers of frozen potatoes (prepared or preserved) from the U.S.?
+
In value terms, the largest markets for preserved frozen potato exported from the U.S. were Japan ($291M), Mexico ($147M) and South Korea ($105M), with a combined 44% share of total exports. These countries were followed by the Philippines, China, Canada, Taiwan (Chinese), Malaysia, Saudi Arabia, Hong Kong SAR, Singapore, Guatemala and Viet Nam, which together accounted for a further 43%.
What is the average export price for frozen potatoes (prepared or preserved) in the U.S.?
+
In 2019, the average preserved frozen potato export price amounted to $1,173 per tonne, remaining relatively unchanged against the previous year.
What is the average import price for frozen potatoes (prepared or preserved) in the U.S.?
+
The average preserved frozen potato import price stood at $1,019 per tonne in 2019, rising by 3.8% against the previous year.

Product coverage:
• 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 preserved 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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