Frozen potatoes market in Asia

Earlier Report Observations

After reaching 237.8 thousand tons in 2018, the Asian frozen potato market volume dipped to 224.5 thousand tons in 2019. A period of strong and consistent growth followed from 2020 onward, with the market expanding to 385.9 thousand tons by 2023. This rise was primarily driven by the rapid proliferation of quick-service restaurants across the region and a sustained increase in consumer demand for convenient, ready-to-cook food products.

The market's development was further shaped by evolving consumer preferences, including a trend toward westernized snacks and a growing interest in healthier options such as low-fat, air-fried, and organic frozen potato variants. Significant investments in cold storage and logistics infrastructure during this period helped ensure consistent product availability and supported the overall volume expansion.

The growth of the broader foodservice industry, including restaurants and cafes, alongside emerging product innovations like plant-based coatings, contributed to the market's positive trajectory through 2023.

Production frozen potatoes in Asia

In kind, 2017-2020, K t

Top producers of frozen potatoes, 2017-2020

World map of production of frozen potatoes, 2017-2020

Asia's production of frozen potatoes has grown for the third year in a row. In 2020, the region produced 216.8 thousand tonnes, marking a 30.3% increase from the previous year. Looking at the period from 2017 to 2020, production rose by 67.9%, which translates to an average annual growth rate of 18.9%.

Annual dynamics of production in Asia in kind, 2017-2020, K t

In value, 2017-2020, M $ US

In 2020, the value of frozen potatoes produced in Asia reached 200.0 million US dollars, showing a significant 25.7% rise compared to 2019. From 2017 to 2020, production value increased by 70.2%, with a compound annual growth rate of 19.4%. The most notable decline occurred in 2019, at 8.3%, while the largest increase was in 2018, at 47.7%.

Annual dynamics of production in Asia in value, 2017-2020, M $ US

Exports frozen potatoes from Asia

Exports in kind, K t

Exports of frozen potatoes from Asia have increased for the second consecutive year. In 2020, exports totaled 65.0 thousand tonnes, up 19.5% year-over-year. Between 2017 and 2020, exports grew by 35.9%, with a compound annual growth rate of 10.8%. The lowest export volume was in 2018, at 44.6 thousand tonnes, which also saw the largest decline of 6.7%. In contrast, the biggest increase was in 2019, at 21.9%.

Annual dynamics of product's exports from Asia in kind, 2017-2020, K t

From 2017 to 2020, Russia was the leading buyer of frozen potatoes from Asia, consistently accounting for 0.7% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Asia in kind, 2017-2020

Exports in value, M $ US

Exports of frozen potatoes from Asia have risen for the third year in a row. In 2020, export value reached 60.0 million US dollars, reflecting a strong 15.2% increase compared to the previous year. Over the 2017-2020 period, export value increased by 37.7%, with a compound annual growth rate of 11.3%.

Annual dynamics of product's exports from Asia in value, 2017-2020, M $ US

Between 2017 and 2020, Free Zones and Russia were the top markets for frozen potato exports from Asia in value terms, together making up 1.3% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Asia in value, 2017-2020

Imports frozen potatoes to Asia

Imports in kind, K t

Imports of frozen potatoes into Asia have declined for the second consecutive year. In 2020, imports totaled 111.1 thousand tonnes, a slight decrease of 1.3% from the previous year. The highest import volume was recorded in 2018, at 119.4 thousand tonnes, which also saw the largest increase of 6.7%. The most significant decline occurred in 2019, at 5.7%.

Annual dynamics of product's imports to Asia in kind, 2017-2020, K t

From 2017 to 2020, the supply sources for frozen potatoes to Asia were diverse. The United States (21.3% of imports in volume), Egypt (4.1%), and the Netherlands (2.8%) together contributed 28.2% of total imports, with many other countries holding smaller but notable shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Asia in kind, 2017-2020

Imports in value, M $ US

In 2020, imports of frozen potatoes into Asia were valued at 117.8 million US dollars, representing a 6.7% increase from 2019. The lowest import value was in 2019, at 110.3 million US dollars, which also experienced the largest decline of 8.7%. The highest value was recorded in 2018, at 120.9 million US dollars.

Annual dynamics of product's imports to Asia in value, 2017-2020, M $ US

Between 2017 and 2020, imports of frozen potatoes to Asia in value terms were spread across many partner countries. The United States (37.9% of imports in value), the Netherlands (3.7%), and Egypt (3.4%) together accounted for 45.1% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Asia in value, 2017-2020