Table Of Contents

Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

Potato Flakes Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Potato Flakes in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Potato Flakes Price Trend for the First Half of 2023

Potato flakes are made by cooking, mashing, and dehydrating potatoes, and thus, the market trend of potatoes guides the price trend of potato flakes. In the US and European markets, the prices of potato flakes surged considerably to extreme levels. Certain manufacturers were even forced to halt their production facilities amid the soaring costs of raw materials. There was a huge incline in the energy production costs also due to the rising rates of inflation in the UK, the US, and European countries.

Potato Flakes Price Trends

The European countries, on the other hand, also struggled with the fall in production volumes and delayed harvest of potato crops, which worked in favor of the rising costs of potato flakes. The region was, therefore, forced to raise its import volumes from Israel and France. The trajectory in India was, however, different as the price trend of potato flakes declined on account of falling potato costs that depreciated the overall market sentiments of potato flakes.

Analyst Insight

According to Procurement Resource, the price of Potato Flakes is expected to fluctuate in the upcoming months as the prices of potatoes are affected by the falling production volumes and poor supply.

Potato flakes Price Trend for the Second Half of 2022

The price trend of potato flakes in the last two quarters of 2022 was determined by the production and supply of potatoes worldwide. In European countries, the area of harvest increased; however, the production and harvest rates declined significantly. The most significant cause of this poor production was the dry and hot summer conditions, which resulted in lower yields and, in turn, hampered the growth of the potato flakes market. The adverse effects of climate change were not only restricted to the European countries, but its effects were also seen in the availability of potatoes in the Asian markets as well.

In addition to this, the cost of energy production and irrigation increased by several folds as the global economy struggled to find a base. The challenges were further accelerated when storage and quality issues rose in some of the European nations, which ultimately proved to be fatal to the potato flakes price trend.

Analyst Insight

According to procurement resources, the prices of Potato Flakes are estimated to struggle due to the fall in the production of potatoes due to extreme weather conditions.

Potato Flakes Price Trend for the First Half of 2022

The cost of supermarket staples is rising worldwide as the cost-of-living crunch hits consumers. The crop prices are volatile and double-digit inflation due to the Russia-Ukraine war has rattled the global supply chains.

Declining acreage, high fertilizer prices, inflated freight charges, and labour shortages amid adverse climatic conditions have caused the production/processing costs for potato flakes to rise. The input costs for production have gone up by 18-22% in the present year. According to the US Bureau of Labour and Statistics, this year witnessed the largest food inflation levels since 1981.

The Mintec benchmark prices of processing potatoes in Belgium shot up by 264% Y-O-Y basis. In the USA, the average price of potatoes averaged 0.89/lb in June 2022, indicating a 15.86 % rise Y-O-Y basis. The price for a bag of 4kg spuds has surged to 12 USD as compared to the previous 5 USD/4kg price. Hence, the inflated prices of potatoes directly influenced the price trend for potato flakes causing them to remain strengthened globally.

Procurement Resource provides latest prices of Potato Flakes. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Please Login or Subscribe to explore our dashboard.

About

Potato Flakes are basically the flat chunks of dehydrated mashed potato. Out of all the forms of dried potatoes, Potato Flakes are the only one that can easily be reconstituted using cold water, and thus, they are widely utilised to produce numerous food products in the food and beverage industry.

Product Details

Report Features Details
Product Name Potato Flakes
Industrial Uses Potato chips, French fries, Instant mash potato, Potato crisps
Supplier Database Lutosa SA (McCain Foods Limited), Lamb Weston / Meijer (LW/M), Nestlé SA, Aviko Rixona Oostrum
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Potato Flakes via Drum Drying Process

Potatoes are first cooked and mashed, then crushed by rollers on the surface of a drum. The mashed potato is fast-dried until its humidity reaches the desired level, then the layer of dried, mashed potato is scraped from the drum, thus, leaving behind Potato Flakes.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Related News

Subscribe to Unlock Access

  • Price Across Multiple Locations
  • Market Insights
  • Download Data in Excel Format
  • Short Term Price Forecasts
  • Prices of More than 400 Commodities and Utilities

Get in Touch With Us

flag
UNITED STATES

Phone:+1 307 363 1045

flag
INDIA

Phone: +91 1203185500

flag
UNITED KINGDOM

Phone: +44 7537 132103

Email: sales@procurementresource.com

Our Clients

client-image

NEWSLETTER

Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.