Global Potato Market - Trends, Analysis and Forecast to 2025
This report contains a detailed survey of the global potato market. Within it, you will find out 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 outlook exhibits the market perspectives through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Potato market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global potato production, split by region and country;
• Global potato trade (exports and imports);
• Producer, export and import prices for potato;
• Potato 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.
Global potato market revenue amounted to 121,444 million USD in 2015, reducing by -10.7% against the previous year level. Overall, global potato market continues to undergo a pronounced growth: the market value increased at an average annual rate of +2.1% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the market revenue increased by +28% from the previous year level. Over the period under review, the global potato market attained its maximum revenue of 142,889 million USD in 2013. From 2014 to the end of the period under review, the total potato market revenue failed to regain its former peak level.
Over the analyzed period, an increase in global potato production was primarily driven by population growth. Furthermore, these key drivers are expected to continue promoting the potato output in the immediate term. This general positive trend was largely conditioned by a measured expansion of the harvested area and solid gains of the yield figures.
The countries with the highest levels of production in 2015 were China (97,553 thousand tonnes), India (49,319 thousand tonnes), Russia (32,380 thousand tonnes), together accounting for 46% of total output. From 2007 to 2015, the most notable growth rates in almond production among the main producing countries was attained by India (+7.0% per year), while the other global leaders experienced mixed trends in the output figures.
The world potato harvested area amounted to 19,020 thousand ha in 2015, which was almost equal to the previous year figure. The harvested area indicated a slight increase over the period under review, representing a compound annual growth rate of +0.2% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total potato harvested area peaked in 2012, falling back in the following year. From 2013 to 2015, the total potato harvested area fluctuated at lower levels.
The global average potato yield amounted to 204 thousand hg/ha in 2015, rising by 2.1% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +2.0% from 2007 to 2015. These yield figures maintained, all in all, a stable trend pattern throughout the analyzed period. The highest potato yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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