In 2023, China dominated the global potatoes processing industry with the highest share of 58.51 thousand metric tons, supported by a 0.22% growth. The Netherlands and Denmark followed with shares of 12.12 and 10.57 thousand metric tons respectively, showing growth rates of 2.61% and 1.57%. France and Russia contributed marginally with slower growth rates. Notable growth was observed in South Korea (2.3%) and emerging markets like Colombia (1.31%) and Malaysia (0.98%). Conversely, Ukraine faced a significant decline of 3.85%. Overall, Asia and Europe continue to be major players in this industry.
Looking ahead, trends to watch include the impact of technological advancements in potato processing on efficiency and cost, the influence of global agricultural policies on production, and consumer demands driving the shift towards organic and processed potato products. Economic fluctuations and geopolitical issues could also impact dynamics, especially for smaller producers vulnerable to external shocks.
Top countries in Potatoes Processing Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 58.51 | 2023 | +0.38% | +0.22% | View data |
| 2 | 2 Netherlands | 12.12 | 2023 | +5.19% | +2.61% | View data |
| 3 | 3 Denmark | 10.57 | 2023 | +0.51% | +1.57% | View data |
| 4 | 4 France | 4.66 | 2023 | 0% | +0.32% | View data |
| 5 | 5 Russia | 2.55 | 2023 | +1.7% | +1.49% | View data |
| 6 | 6 Ukraine | 1.92 | 2023 | -2.7% | -3.85% | View data |
| 7 | 7 New Zealand | 1.42 | 2023 | +1.53% | +1.25% | View data |
| 8 | 8 Colombia | 1.19 | 2023 | +1.83% | +1.31% | View data |
| 9 | 9 South Korea | 0.99 | 2023 | +2.2% | +2.3% | View data |
| 10 | 10 Ireland | 0.98 | 2023 | 0% | +1.6% | View data |
