US potato exports show a continued signs of recovery

Published 2022년 5월 25일

Tridge summary

Between July 2021 and March 2022, during the first three quarters of the marketing year, U.S. potato and potato product exports experienced a overall increase compared to the same period the previous year. This includes a nearly 3% increase in volume and 6% increase in value for frozen potato exports, with significant growth in shipments to Canada, the Philippines, and Myanmar. Fresh potato exports also saw a nearly 10% increase in volume and a 15% increase in value. However, there were also notable declines in shipments to Thailand, Malaysia, and Saudi Arabia due to supply and shipping issues. Dehydrated potato exports, on the other hand, did not recover at the same rate as other potato products, with a 10% decrease in volume in the first three quarters of the marketing year.

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

Original content

During the first three quarters of the marketing year (July 2021-March 2022), overall U.S. potato and potato product exports increased from the same period one year earlier. From July 2021 to March 2022, U.S. frozen potato exports increased by nearly 3% in volume and 6% in value. Major increases for frozen shipments occurred in Canada with a 42% growth, the Philippines with a 25% growth, and Myanmar with a 13% growth. Central America, Mexico, Japan, and Vietnam also saw increases during the nine months. These increases are a great sign of recovery in the international foodservice sector. While frozen exports were up overall, there were significant declines in shipments to Thailand by -36%, Malaysia by -15%, and Saudi Arabia by -20%. These, and other markets, are still suffering from unstable supply and shipping issues. This is particularly true for Asian markets, where shipping times are much longer. Many international restaurant chains are looking to source frozen products from ...

Source: Argenpapa