Frozen potatoes market in Spain

Earlier Report Observations

The market for frozen potatoes in Spain experienced a notable contraction between 2018 and 2021, with its value declining from $62.6 million to $45.2 million. This downward trend reversed in 2022, when the market size rebounded to $60.3 million. The recovery continued into 2024, with the market reaching $102.1 million, marking a substantial expansion over the two-year period.

The sharp market growth in 2024 was supported by a 3.9% increase in consumption volume and a 6.3% rise in average prices. This was primarily driven by higher consumer demand for quick and easy-to-prepare meals, coupled with improved quality of frozen potato products in retail. Innovation in product formats, such as steam-in-bag and air-fryer cuts, further stimulated demand by making home preparation more convenient.

Production frozen potatoes in Spain

In value, 2017-2020, K $ US

After two consecutive years of growth, frozen potato production in Spain experienced a decline. In 2019, output reached its peak at 10,096 thousand US dollars, but by 2020, it had fallen to 5,817 thousand US dollars, marking a significant year-over-year decrease of 42.4%. The largest annual increase occurred in 2018, with a 46.1% rise. Over the entire period from 2017 to 2020, production decreased by 9.2%, which translates to an average annual decline of 3.2%.

Annual dynamics of production in Spain in value, 2017-2020, K $ US

In kind, 2017-2020, t

From 2017 to 2020, Spain held the 21st position globally in terms of frozen potato production.

Top producers of frozen potatoes, 2017-2020

World map of production of frozen potatoes, 2017-2020

Following two years of growth, frozen potato production in Spain saw a downturn. In 2019, output peaked at 15,662 tonnes, but in 2020, it dropped to 10,655 tonnes, representing a 32.0% decrease compared to the previous year. The largest annual increase was recorded in 2018, at 20.8%. Overall, from 2017 to 2020, production fell by 4.6%, with a compound annual growth rate of -1.5%.

Annual dynamics of production in Spain in kind, 2017-2020, t

Exports frozen potatoes from Spain

Exports in kind, K t

In 2020, Spain's frozen potato exports amounted to 29.2 thousand tonnes, a 17.0% decrease from the previous year. The lowest point was in 2018, with 23.9 thousand tonnes, while the highest was in 2019, at 35.2 thousand tonnes. The largest decline occurred in 2018, dropping by 29.4%, whereas the largest increase was in 2019, rising by 47.4%. Over the period from 2017 to 2020, exports decreased by 13.6%, equating to an average annual decline of 4.8%.

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

From 2017 to 2020, Germany, France, and Belgium were the primary markets for Spain's frozen potato exports in volume terms. Germany accounted for 30.5% of exports, France for 20.5%, and Belgium for 15.3%, collectively making up 66.3% of total export flows.

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

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

Exports in value, K $ US

The market for frozen potato exports from Spain showed notable fluctuations during this period. In 2018, export value hit its lowest point at 14,290 thousand US dollars, but it rebounded sharply in 2019 to a peak of 25,387 thousand US dollars, marking a 77.7% increase. By 2020, exports had fallen to 18,477 thousand US dollars, a dramatic 27.2% drop from the previous year. Overall, there was a 1.8-fold variation between the minimum in 2018 and the maximum in 2019.

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

Throughout 2017 to 2020, Germany, France, and Belgium remained the top three markets for Spain's frozen potato exports in value terms, collectively accounting for 62.9% of total export flows.

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

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

Imports frozen potatoes to Spain

Imports in kind, K t

Frozen potato imports into Spain declined for the second year in a row. In 2020, imports stood at approximately 79.7 thousand tonnes, a notable 22.8% decrease compared to 2019. The highest volume was recorded in 2018, at 113.4 thousand tonnes, which also saw the largest annual increase of 9.6%. Over the period from 2017 to 2020, imports decreased by 22.9%, with a compound annual growth rate of -8.3%.

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

From 2017 to 2020, France dominated Spain's frozen potato imports in volume terms, accounting for 77.3% of total flows, while all other countries combined made up the remaining share.

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

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

Imports in value, K $ US

After two years of growth, frozen potato imports into Spain declined. In 2019, import value reached its maximum at 68,128 thousand US dollars, but by 2020, it had fallen to 60,014 thousand US dollars, representing an 11.9% decrease from the previous year. The largest annual increase occurred in 2018, rising by 13.8%.

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

Over the period from 2017 to 2020, France and the Netherlands together accounted for 84.9% of Spain's frozen potato imports in value terms, with the remainder distributed among other markets.

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

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