U.S. potato retail sales are on the rise, dollar sales increased 17.2% in the fourth quarter of 2022

Published 2023년 2월 7일

Tridge summary

A report by Potatoes USA for the period October – December 2022 reveals a mixed trend in potato retail sales. While dollar sales rose by 17.2%, volume sales saw a decrease of 1.3% compared to the same period in the previous year, but still surpassed pre-pandemic levels. All potato categories experienced an increase in dollar sales, with frozen potatoes leading at 33.1%. The largest volume sales decline was in instant potatoes at 7.6%. Despite a drop in volume sales for most categories, fresh potato dollar sales grew for all types except fingerling and purple. The average retail price per pound of potatoes fell to $2.15, making them more affordable despite price hikes.

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

Original content

Potato retail sales increased in dollar sales by 17.2% but decreased in volume sales by -1.3% from October – December 2022 compared to the same timeframe a year ago. Despite a slight decrease in volume sales, volume sales remain above pre-pandemic levels, according to a report by Potatoes USA. The industry body says all categories of potatoes increased in dollar sales, with the most significant occurring for frozen potatoes by 33.1%, followed by fresh potato sales at 20% and instant potatoes at 14.5%. Refrigerated potatoes were the only category to increase volume sales (3.3%). The largest decline in volume during the last quarter of 2022 was instant potatoes (-7.6%) and canned potatoes (-4.9%). Volume sales for potatoes were down for all other categories in the store, with an average decline of -1.3%. Fresh potato dollar sales were up for all types except fingerling and purple. The most significant decrease in volume sales for the last quarter of 2022 were purple, white, and red ...

Source: Potatonewstoday