Belgium - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in Belgium - 2023
Contents:
- Frozen Potato Price in Belgium (FOB) - 2023
- Frozen Potato Price in Belgium (CIF) - 2023
- Frozen Potato Exports in Belgium
- Frozen Potato Imports in Belgium
Frozen Potato Price in Belgium (FOB) - 2023
The average frozen potato export price stood at $1,411 per ton in June 2023, flattening at the previous month. Over the period under review, export price indicated a pronounced increase from June 2022 to June 2023: its price increased at an average monthly rate of +3.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, frozen potato export price decreased by -0.1% against May 2023 indices. The most prominent rate of growth was recorded in November 2022 an increase of 15% m-o-m. The export price peaked at $1,413 per ton in May 2023, and then shrank modestly in the following month.
Average prices varied somewhat for the major export markets. In June 2023, the countries with the highest prices were the United States ($1,578 per ton) and Australia ($1,557 per ton), while the average price for exports to Poland ($1,069 per ton) and the Netherlands ($1,219 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Potato Price in Belgium (CIF) - 2023
In June 2023, the average frozen potato import price amounted to $1,193 per ton, stabilizing at the previous month. Over the last twelve months, it increased at an average monthly rate of +2.2%. The most prominent rate of growth was recorded in March 2023 an increase of 42% month-to-month. Over the period under review, average import prices attained the maximum at $1,210 per ton in May 2023, and then shrank slightly in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the Netherlands ($1,182 per ton), while the price for France ($867 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Potato Exports in Belgium
For the fourth year in a row, Belgium recorded growth in overseas shipments of frozen potatoes, which increased by 3.9% to 2.9M tons in 2022. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 9.7%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, frozen potato exports skyrocketed to $2.9B in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.3% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Frozen Potato in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 341 | 321 | 335 | 434 | 8.4% |
| United Kingdom | 350 | 363 | 348 | 411 | 5.5% |
| Netherlands | 174 | 141 | 135 | 166 | -1.6% |
| Spain | 106 | 86.3 | 109 | 161 | 14.9% |
| United States | 60.2 | 106 | 109 | 157 | 37.6% |
| Germany | 80.9 | 105 | 107 | 125 | 15.6% |
| Brazil | 60.3 | 85.0 | 88.9 | 124 | 27.2% |
| Saudi Arabia | 77.4 | 67.9 | 65.0 | 120 | 15.7% |
| Italy | 75.6 | 71.1 | 80.9 | 94.5 | 7.7% |
| Chile | 53.9 | 46.7 | 68.6 | 67.6 | 7.8% |
| Ireland | 47.7 | 50.2 | 53.6 | 64.0 | 10.3% |
| Japan | 28.5 | 27.5 | 33.8 | 59.6 | 27.9% |
| Poland | 28.7 | 27.8 | 33.5 | 43.1 | 14.5% |
| Others | 575 | 513 | 650 | 859 | 14.3% |
| Total | 2,058 | 2,012 | 2,218 | 2,884 | 11.9% |
Top Export Markets for Frozen Potato from Belgium in 2022:
- France (452.9K tons)
- United Kingdom (397.1K tons)
- Netherlands (186.2K tons)
- Spain (177.1K tons)
- United States (147.2K tons)
- Germany (131.5K tons)
- Brazil (130.5K tons)
- Saudi Arabia (115.2K tons)
- Italy (98.2K tons)
- Chile (73.5K tons)
- Ireland (62.7K tons)
- Poland (55.3K tons)
- Japan (52.2K tons)
Frozen Potato Imports in Belgium
After three years of growth, purchases abroad of frozen potatoes decreased by -33.8% to 155K tons in 2022. In general, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 37%.
In value terms, frozen potato imports reduced rapidly to $127M in 2022. Overall, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 24%.
| Import of Frozen Potato in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 87.6 | 117 | 147 | 101 | 4.9% |
| France | 14.6 | 19.4 | 13.8 | 17.2 | 5.6% |
| Germany | 2.3 | 5.6 | 6.0 | 4.4 | 24.1% |
| Others | 13.6 | 4.5 | 7.8 | 5.0 | -28.4% |
| Total | 118 | 147 | 175 | 127 | 2.5% |
Top Suppliers of Frozen Potato to Belgium in 2022:
- Netherlands (125.3K tons)
- France (21.8K tons)
- Germany (4.2K tons)
This report provides an in-depth analysis of the frozen potato market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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