Key Market Indicators
By 2026, Icelanders' consumption of potatoes is predicted to reach 10,000 metric tons annually, a drop of 1.9% from the 11,000 metric tons consumed in 2021. Since 2017, the demand for potatoes in the country has remained stable. In 2021, Iceland ranked 131st in the world for potato consumption, with Cape Verde overtaking it at 11,000 metric tons. India, the United States, and Russia took the top three spots. Icelandic production of potatoes is expected to reach 6,590 metric tons by 2026, a 1.9% drop from the 7,400 metric tons produced in 2021. Since 1966, the supply of potatoes in the country has decreased by 5.7% year on year. In 2021, Iceland ranked 132nd in the world for potato production, with Malta surpassing it at 7,400 metric tons. India, Russia, and Ukraine took the top three spots.
