South Africa - Frozen Potatoes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Potato Price in South Africa - 2023
Contents:
- Frozen Potato Price in South Africa (CIF) - 2022
- Frozen Potato Price in South Africa (FOB) - 2023
- Frozen Potato Imports in South Africa
- Frozen Potato Exports in South Africa
Frozen Potato Price in South Africa (CIF) - 2022
In 2022, the average frozen potato import price amounted to $957 per ton, jumping by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($998 per ton) and Belgium ($979 per ton), while the price for the Netherlands ($689 per ton) and Germany ($756 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.9%), while the prices for the other major suppliers experienced a decline.
Frozen Potato Price in South Africa (FOB) - 2023
In July 2023, the average frozen potato export price amounted to $1,441 per ton, reducing by -1.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 27% month-to-month. Over the period under review, the average export prices attained the peak figure at $1,551 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Lesotho ($2,071 per ton), while the average price for exports to Swaziland ($1,196 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lesotho (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Potato Imports in South Africa
In 2022, frozen potato imports into South Africa dropped modestly to 33K tons, waning by -4.6% compared with 2021 figures. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of 34K tons, and then reduced slightly in the following year.
In value terms, frozen potato imports skyrocketed to $31M in 2022. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 86%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Frozen Potato in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 13.9 | 8.9 | 16.4 | 23.7 | 19.5% |
| Netherlands | 0.6 | 0.7 | 3.9 | 2.5 | 60.9% |
| India | 1.2 | 1.2 | 1.5 | 2.2 | 22.4% |
| Germany | 1.1 | 2.1 | 2.3 | 1.1 | 0.0% |
| Others | 0.7 | 0.3 | 0.7 | 1.8 | 37.0% |
| Total | 17.5 | 13.3 | 24.7 | 31.3 | 21.4% |
Top Suppliers of Frozen Potato to South Africa in 2022:
- Belgium (24.2K tons)
- Netherlands (3.7K tons)
- India (2.2K tons)
- Germany (1.4K tons)
Frozen Potato Exports in South Africa
In 2022, the amount of frozen potatoes exported from South Africa fell to 14K tons, shrinking by -10.1% on the previous year's figure. In general, exports recorded a deep reduction. The smallest decline of -1.5% was in 2021.
In value terms, frozen potato exports reduced to $17M in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 9.4% against the previous year.
| Export of Frozen Potato in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 8.3 | 5.7 | 6.1 | 8.5 | 0.8% |
| Namibia | 3.9 | 3.0 | 3.4 | 3.4 | -4.5% |
| Swaziland | 1.8 | 1.8 | 2.1 | 2.2 | 6.9% |
| Mozambique | 0.7 | 0.6 | 0.5 | 0.6 | -5.0% |
| Zambia | 4.6 | 3.5 | 4.0 | 0.5 | -52.3% |
| Malawi | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 1.5 | 1.3 | 1.3 | 1.1 | -9.8% |
| Total | 21.1 | 16.2 | 17.7 | 16.7 | -7.5% |
Top Export Markets for Frozen Potato from South Africa in 2022:
- Botswana (6.8K tons)
- Namibia (3.1K tons)
- Swaziland (1.8K tons)
- Zambia (0.5K tons)
- Mozambique (0.4K tons)
- Malawi (0.2K tons)
This report provides an in-depth analysis of the frozen potato market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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.
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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
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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
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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
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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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