Homepage > CMRC understandings > 【CMRC understanding】Market development status of frozen potato products
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With the increasing market demand for frozen potato products in China, more and more enterprises participate in potato products. However, from the perspective of the brands involved in frozen potato products, there are few domestic potato products brands. According to the characteristics of local potato products participating enterprises, most of them are small-scale enterprises with low production capacity, small sales scale and low channel penetration. At the same time, local frozen potato products participating enterprises are scattered, Low market concentration. On the contrary, foreign-funded frozen potato products enterprises, with the advantage of taking the lead in entering the Chinese market, have occupied most of the market share of the local frozen potato chip industry.
From the perspective of supply and demand of the frozen potato products market, the supply and demand of the frozen potato products market is unbalanced, and the market supply falls short of demand. In 2021, the production capacity of China's frozen potato products is about 600000 tons, which is relatively low. In 2021, China's potato demand is 850000 tons, and the supply and demand gap is 250000 tons. The main reason for the supply and demand gap is that affected by the epidemic, the output of foreign frozen potato products decreases, and the domestic disinfection and sterilization of imported products, Strict certification procedures for nucleic acid testing have led to a decline in imports, and the supply market of domestic frozen potatoes should be in short supply in 2021 due to comprehensive factors.
According to the price changes of frozen potato products, the price of frozen potato products will rise by 25-30% in 2021. There are three main reasons for the price rise:
First, affected by the epidemic, the shipping cost of imported frozen potato products has increased. The price of each container imported from the United States to China has increased by about 10 times, and the shipping cost from Europe to China has increased by about 11 times. Therefore, the price of imported frozen potato products has increased.
Second, the price of frozen potato raw materials rose. Affected by the epidemic, the output of foreign potato growers decreased, and the price of potato raw materials rose by 32.5%.
Third, the upstream market price of frozen potato products rose, for example, the price of oil rose by 100% and the price of chemical fertilizer rose by 33%.
Therefore, the comprehensive factors have led to the rise in the price of frozen potato products. From the perspective of the supply and demand of the frozen potato market and the price trend in the next three years, based on the uncertainty of the epidemic situation, the price of frozen potato products still has an upward trend.