In 2023, China led global potato processing with 5.48 million metric tons, reflecting a modest 0.22% year-on-year increase. The Netherlands showed the most significant growth at 2.61%, reaching 1.14 million metric tons, followed by South Korea's 2.3% increase. Conversely, Ukraine faced the sharpest decline at -3.85%. Austria and Armenia also saw notable reductions of -1.82% and -1.62%, respectively. Sweden experienced the largest contraction at -19.73% year-on-year. The Compound Annual Growth Rate (CAGR) over the last five years positions countries like the Netherlands and South Korea as leaders in sustainable growth, while Lithuania lags significantly.
Future trends in the global potato processing industry should focus on technological advancements in processing, shifts in consumer preferences towards more processed foods, and sustainability practices. Watch for potential expansions in countries like Kazakhstan and Nicaragua, given their high recent growth rates. Additionally, geopolitical issues could impact processing in some regions, influencing global production dynamics significantly.
Top countries in Potatoes Processing by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 5,480 | 2023 | +0.38% | +0.22% | View data |
| 2 | 2 Netherlands | 1,140 | 2023 | +5.19% | +2.61% | View data |
| 3 | 3 Denmark | 989 | 2023 | +0.51% | +1.57% | View data |
| 4 | 4 France | 436 | 2023 | 0% | +0.32% | View data |
| 5 | 5 Russia | 239 | 2023 | +1.7% | +1.49% | View data |
| 6 | 6 Ukraine | 180 | 2023 | -2.7% | -3.85% | View data |
| 7 | 7 New Zealand | 133 | 2023 | +1.53% | +1.25% | View data |
| 8 | 8 Colombia | 111 | 2023 | +1.83% | +1.31% | View data |
| 9 | 9 South Korea | 93 | 2023 | +2.2% | +2.3% | View data |
| 10 | 10 Ireland | 92 | 2023 | 0% | +1.6% | View data |
