Global Frozen Potato Market Overview
In value terms, frozen potato production totaled $ in 2018 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of % against the previous year. Global production peaked in 2018 and is likely to see gradual growth in the near future.
The countries with the highest volumes of frozen potato production in 2018 were the U.S. ( tonnes), India ( tonnes) and Germany ( tonnes), together comprising % of global production. Bangladesh, the UK, France, Turkey, Ethiopia, Egypt and China lagged somewhat behind, together accounting for a further %.
From 2007 to 2018, the most notable rate of growth in terms of frozen potato production, amongst the leading producing countries, was attained by China, while frozen potato production for the other global leaders experienced more modest paces of growth.
The global frozen potato market revenue expanded modestly to $ in 2018, surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% over the period from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 when the market value increased by % year-to-year. Global consumption peaked in 2018 and is expected to retain growth in the immediate term.
From 2007 to 2018, the biggest increases were in Brazil, while frozen potato consumption for the other global leaders experienced more modest paces of growth.
In value terms, the U.S. ($), the UK ($) and Germany ($) constituted the countries with the highest levels of market value in 2018, together accounting for % of the global market. Bangladesh, Japan, China, France, Ethiopia, Brazil, Egypt, Turkey and India lagged somewhat behind, together accounting for a further %.
Brazil saw the highest growth rate of market size, in terms of the main consuming countries over the period under review, while frozen potato market for the other global leaders experienced more modest paces of growth.
In 2018, the highest levels of frozen potato per capita consumption was registered in the UK ( kg per person), followed by Germany ( kg per person), France ( kg per person) and the U.S. ( kg per person), while the world average per capita consumption of frozen potato was estimated at kg per person.
In the UK, frozen potato per capita consumption remained relatively stable over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (+% per year) and France (+% per year).