United Kingdom - Potato Chips - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Chips Price in the UK - 2023
Contents:
- Potato Chips Price in the UK (FOB) - 2023
- Potato Chips Price in the UK (CIF) - 2023
- Potato Chips Exports in the UK
- Potato Chips Imports in the UK
Potato Chips Price in the UK (FOB) - 2023
In June 2023, the average potato chips export price amounted to $6,353 per ton, increasing by 8% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 18% month-to-month. The export price peaked in June 2023.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Nigeria ($9,317 per ton), while the average price for exports to Saudi Arabia ($2,427 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Chips Price in the UK (CIF) - 2023
The average potato chips import price stood at $2,377 per ton in June 2023, reducing by -4.5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 18% m-o-m. The import price peaked at $2,488 per ton in May 2023, and then dropped slightly in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Poland ($8,255 per ton), while the price for Belgium ($1,454 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 Poland (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Chips Exports in the UK
In 2022, potato chips exports from the UK reduced to 31K tons, waning by -13.1% on 2021. Over the period under review, exports continue to indicate a abrupt slump. The smallest decline of -8.8% was in 2020.
In value terms, potato chips exports declined to $138M in 2022. Overall, exports saw a deep setback. The pace of growth appeared the most rapid in 2020 when exports increased by 0.9%. As a result, the exports reached the peak of $212M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Potato Chips in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 33.4 | 34.8 | 48.8 | 29.4 | -4.2% |
| Ireland | 62.3 | 68.9 | 36.7 | 22.2 | -29.1% |
| United Arab Emirates | 1.8 | 2.0 | 2.3 | 10.4 | 79.4% |
| United States | 6.8 | 10.0 | 9.7 | 9.3 | 11.0% |
| Netherlands | 11.1 | 12.6 | 7.6 | 6.6 | -15.9% |
| France | 20.2 | 16.9 | 12.1 | 6.6 | -31.1% |
| Canada | 1.9 | 2.0 | 2.4 | 2.9 | 15.1% |
| Belgium | 7.8 | 8.2 | 1.4 | 1.9 | -37.5% |
| Yemen | 3.7 | 1.0 | N/A | 0.9 | -37.6% |
| Others | 61.5 | 56.0 | 39.1 | 47.6 | -8.2% |
| Total | 211 | 212 | 160 | 138 | -13.2% |
Top Export Markets for Potato Chips from the UK in 2022:
- Nigeria (8.8K tons)
- Ireland (3.5K tons)
- United Arab Emirates (2.1K tons)
- United States (1.8K tons)
- France (1.6K tons)
- Yemen (1.2K tons)
- Netherlands (1.1K tons)
- Canada (0.6K tons)
- Belgium (0.3K tons)
Potato Chips Imports in the UK
In 2022, approx. 63K tons of potato chips were imported into the UK; with an increase of 67% on the previous year. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +11.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, potato chips imports surged to $120M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Potato Chips in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 31.7 | 32.4 | 22.5 | 30.0 | -1.8% |
| Netherlands | 17.0 | 11.7 | 9.2 | 27.7 | 17.7% |
| Spain | 8.1 | 11.4 | 9.6 | 17.5 | 29.3% |
| Poland | 2.9 | 3.7 | 7.5 | 13.2 | 65.7% |
| Ireland | 6.0 | 6.0 | 8.1 | 6.4 | 2.2% |
| Germany | 7.2 | 6.9 | 2.0 | 5.2 | -10.3% |
| France | 4.2 | 3.7 | 2.4 | 1.3 | -32.4% |
| Others | 8.2 | 10.4 | 16.5 | 18.8 | 31.9% |
| Total | 85.3 | 86.2 | 78.0 | 120 | 12.0% |
Top Suppliers of Potato Chips to the UK in 2022:
- Belgium (25.9K tons)
- Netherlands (21.9K tons)
- Spain (4.3K tons)
- Ireland (2.6K tons)
- Poland (2.1K tons)
- Germany (2.1K tons)
- France (0.6K tons)
This report provides an in-depth analysis of the potato chips market in the UK. 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 10311430 - Potatoes prepared or preserved in the form of flour, meal or flakes (excluding frozen, crisps, by vinegar or acetic acid)
- Prodcom 10311460 - Potatoes prepared or preserved, including crisps (excluding frozen, dried, by vinegar or acetic acid, in the form of flour, m eal or flakes)
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
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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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