U.S. frozen potatoes lead surge in retail sales despite overall volume decrease

Published 2023년 6월 6일

Tridge summary

Retail sales of potatoes experienced a 16.0% increase in revenue but a 4.4% decrease in volume from January to March 2023, compared to the same period in the previous year. Despite the decrease, volume sales still surpass pre-pandemic levels, according to Potatoes USA. All potato categories saw an increase in dollar sales, with frozen potatoes leading the way at 41.9%. The average price per pound for fresh potatoes rose by 18.7% to $1.01. One to less than two-pound bags were the only category to grow in both dollars and volume. The largest volume sales declines were seen in bags exceeding ten pounds and eight-pound bags.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Potato retail sales increased 16.0% in sales but decreased in volume by -4.4% from January – March 2023 compared to the same timeframe a year ago. Despite a decrease, volume sales remain above pre-pandemic levels, according to Potatoes USA. All categories of potatoes increased in dollars sales, with the most significant occurring for frozen potatoes at 41.9%, followed by instant potatoes at 16.5%, and fresh potatoes at 12.7%. Deli-prepared sides were the only category to increase volume sales (+2.1%). The most significant declines in volume during the first three months of 2023 were instant potatoes (-7.6%) and refrigerated potatoes (-5.8%). Volume sales for potatoes were down for most categories in the store, with an average decline of -4.4%. Fresh potato dollar sales were up for all types except white, fingerling, and purple potatoes. Fresh Yellow, petite, and medley potatoes grew in dollar and volume sales. The average sales price per pound for fresh potatoes was $1.01, an ...

Source: Potatonewstoday