Report U.S. - Potato - Market Analysis, Forecast, Size, Trends and Insights for 499$
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U.S. - Potato - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Potato Market 2022

Potato Market Size in the U.S.

The U.S. potato market shrank slightly to $X in 2021, leveling off at the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Potato consumption peaked at $X in 2008; however, from 2009 to 2021, consumption stood at a somewhat lower figure.

Potato Production in the U.S.

In value terms, potato production declined to $X in 2021. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Potato production peaked at $X in 2008; however, from 2009 to 2021, production remained at a lower figure.

In 2021, the average potato yield in the United States rose to X tonnes per ha, increasing by X% against the year before. The yield figure increased at an average annual rate of +X% from 2007 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2009 when the yield increased by X% against the previous year. The potato yield peaked in 2021 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the harvested area of potatoes in the United States fell to X ha, with a decrease of -X% on the previous year. Over the period under review, the harvested area showed a mild shrinkage. The growth pace was the most rapid in 2011 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to potato production reached the peak figure at X ha in 2012; however, from 2013 to 2021, the harvested area failed to regain momentum.

Potato Exports

Exports from the U.S.

In 2021, potato exports from the United States soared to X tonnes, with an increase of X% against the year before. Over the period under review, total exports indicated a prominent increase from 2007 to 2021: its volume increased at an average annual rate of +X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2016 when exports increased by X%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, potato exports amounted to $X in 2021. Overall, total exports indicated a prominent expansion from 2007 to 2021: its value increased at an average annual rate of +X% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tonnes) was the main destination for potato exports from the United States, accounting for a X% share of total exports. Moreover, potato exports to Canada exceeded the volume sent to the second major destination, Mexico (X tonnes), twofold. The third position in this ranking was occupied by Japan (X tonnes), with a X% share.

From 2007 to 2021, the average annual growth rate of volume to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+X% per year) and Japan (+X% per year).

In value terms, Canada ($X), Mexico ($X) and Japan ($X) appeared to be the largest markets for potato exported from the United States worldwide, with a combined X% share of total exports. Taiwan (Chinese), the Dominican Republic, South Korea and Honduras lagged somewhat behind, together accounting for a further X the main countries of destination, Honduras, 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 potato export price stood at $X per tonne in 2021, shrinking by -X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X%. As a result, the export price attained the peak level of $X per tonne. From 2009 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Dominican Republic ($X per tonne), while the average price for exports to Canada ($X per tonne) was amongst the lowest.

From 2007 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Imports

Imports into the U.S.

In 2021, approx. X tonnes of potatoes were imported into the United States; declining by -X% against the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports reached the peak figure at X tonnes in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, potato imports shrank modestly to $X in 2021. Overall, total imports indicated tangible growth from 2007 to 2021: its value decreased at an average annual rate of -X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2019 indices. The most prominent rate of growth was recorded in 2008 with an increase of X%. Imports peaked at $X in 2020, and then contracted in the following year.

Imports by Country

In 2021, Canada (X tonnes) was the main supplier of potato to the United States, with a approx. X% share of total imports.

From 2007 to 2021, the average annual growth rate of volume from Canada was relatively modest.

In value terms, Canada ($X) constituted the largest supplier of potato to the United States.

From 2007 to 2021, the average annual growth rate of value from Canada amounted to +X%.

Import Prices by Country

The average potato import price stood at $X per tonne in 2021, picking up by X% against the previous year. Over the period under review, import price indicated prominent growth from 2007 to 2021: its price increased at an average annual rate of +X% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, potato import price increased by +X% against 2013 indices. The growth pace was the most rapid in 2008 an increase of X%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2007 to 2021, the rate of growth in terms of prices for Canada amounted to +X% per year.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for potatoes in the world?
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The countries with the highest volumes of in 2021 were China, India and Russia, together accounting for 41% of global consumption. Ukraine, the United States, Germany, Bangladesh, Poland, France, the Netherlands, Belgium, the UK and Belarus lagged somewhat behind, together accounting for a further 27%.
What are the largest producers of potatoes in the world?
+
The countries with the highest volumes of in 2021 were China, India and Russia, together accounting for 42% of global production. These countries were followed by Ukraine, the United States, Germany, Bangladesh, France, Poland, the Netherlands, Belarus, Peru and the UK, which together accounted for a further 28%.
What are the leading suppliers of potatoes to the U.S.?
+
In value terms, Canada constituted the largest supplier of potato to the United States.
What are the leading importers of potatoes from the U.S.?
+
In value terms, Canada, Mexico and Japan constituted the largest markets for potato exported from the United States worldwide, with a combined 71% share of total exports. These countries were followed by Taiwan Chinese), the Dominican Republic, South Korea and Honduras, which together accounted for a further 16%.
What is the average export price for potatoes in the U.S.?
+
The average potato export price stood at $463 per tonne in 2021, shrinking by -4.2% against the previous year.
What is the average import price for potatoes in the U.S.?
+
In 2021, the average potato import price amounted to $573 per tonne, growing by 5.8% against the previous year.

This report provides an in-depth analysis of the 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:
• FCL 116 - Potatoes
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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

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
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
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, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2012–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2021
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 2021
Table 2:
Market Volume, In Physical Terms, 2012–2021
Table 3:
Market Value, 2012–2021
Table 4:
Per Capita Consumption In 2012–2021
Table 5:
Imports, In Physical Terms, By Country, 2012–2021
Table 6:
Imports, In Value Terms, By Country, 2012–2021
Table 7:
Import Prices, By Country Of Origin, 2012–2021
Table 8:
Exports, In Physical Terms, By Country, 2012–2021
Table 9:
Exports, In Value Terms, By Country, 2012–2021
Table 10:
Export Prices, By Country Of Destination, 2012–2021
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2021
Figure 2:
Market Value, 2012–2021
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012–2021
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012–2021
Figure 5:
Trade Balance, In Physical Terms, 2012–2021
Figure 6:
Trade Balance, In Value Terms, 2012–2021
Figure 7:
Per Capita Consumption, 2012–2021
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:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2012–2021
Figure 22:
Production, In Value Terms, 2012–2021
Figure 23:
Area Harvested, 2012–2021
Figure 24:
Yield, 2012–2021
Figure 25:
Imports, In Physical Terms, 2012–2021
Figure 26:
Imports, In Value Terms, 2012–2021
Figure 27:
Imports, In Physical Terms, By Country, 2021
Figure 28:
Imports, In Physical Terms, By Country, 2012–2021
Figure 29:
Imports, In Value Terms, By Country, 2012–2021
Figure 30:
Import Prices, By Country Of Origin, 2012–2021
Figure 31:
Exports, In Physical Terms, 2012–2021
Figure 32:
Exports, In Value Terms, 2012–2021
Figure 33:
Exports, In Physical Terms, By Country, 2021
Figure 34:
Exports, In Physical Terms, By Country, 2012–2021
Figure 35:
Exports, In Value Terms, By Country, 2012–2021
Figure 36:
Export Prices, By Country Of Destination, 2012–2021
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