The Portuguese frozen potatoes market volume reached 76.006 million kilograms in 2023. Over the last decade, the market exhibited fluctuations with notable growth spurts, particularly between 2015 to 2018, characterized by year-on-year growth rates peaking at 12.51% in 2015. However, recent years have seen a slowing growth rate, with a year-on-year increase of just 1.01% in 2023. The compound annual growth rate (CAGR) over the past five years indicates a modest average annual growth of 0.99%.
Future trends to watch for include:
- Increased consumer preference for convenience foods, potentially boosting demand.
- Emerging sustainability concerns may impact production and packaging practices.
- Economic factors and supply chain dynamics could influence market stability.
How does Portugal rank in Frozen Potatoes Market Size Volume?
| # | 11 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 537,680,000 | 2023 | +1.04% | +1.29% | View data |
| 2 | 2 France | 275,890,000 | 2023 | +0.45% | +0.52% | View data |
| 3 | 3 Spain | 267,520,000 | 2023 | -0.2% | -1.54% | View data |
| 4 | 4 Poland | 180,340,000 | 2023 | +3.18% | +2.33% | View data |
| 5 | 5 Sweden | 79,004,000 | 2023 | +0.35% | +2% | View data |
| 6 | 6 Portugal | 76,006,000 | 2023 | +1.01% | +0.99% | |
| 7 | 7 Greece | 71,288,000 | 2023 | +0.023% | +0.7% | View data |
| 8 | 8 Hungary | 65,216,000 | 2023 | +3.15% | +3.31% | View data |
