Product
Potato Flakes Price Trend and Forecast
Potato Flakes Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Potato Flakes in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
The cost of supermarket staples is rising worldwide as the cost-of-living crunch hits consumers. The crop prices are volatile and double-digit inflation due to the Russia-Ukraine war has rattled the global supply chains.
Declining acreage, high fertilizer prices, inflated freight charges, and labour shortages amid adverse climatic conditions have caused the production/processing costs for potato flakes to rise. The input costs for production have gone up by 18-22% in the present year. According to the US Bureau of Labour and Statistics, this year witnessed the largest food inflation levels since 1981.
The Mintec benchmark prices of processing potatoes in Belgium shot up by 264% Y-O-Y basis. In the USA, the average price of potatoes averaged 0.89/lb in June 2022, indicating a 15.86 % rise Y-O-Y basis. The price for a bag of 4kg spuds has surged to 12 USD as compared to the previous 5 USD/4kg price. Hence, the inflated prices of potatoes directly influenced the price trends for potato flakes causing them to remain strengthened globally.
Procurement Resource provides latest prices of Potato Flakes. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Potato Flakes are basically the flat chunks of dehydrated mashed potato. Out of all the forms of dried potatoes, Potato Flakes are the only one that can easily be reconstituted using cold water, and thus, they are widely utilised to produce numerous food products in the food and beverage industry.
Product Details
| Report Features | Details |
| Product Name | Potato Flakes |
| Industrial Uses | Potato chips, French fries, Instant mash potato, Potato crisps |
| Supplier Database | Lutosa SA (McCain Foods Limited), Lamb Weston / Meijer (LW/M), Nestlé SA, Aviko Rixona Oostrum |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Potato Flakes via Drum Drying Process
Potatoes are first cooked and mashed, then crushed by rollers on the surface of a drum. The mashed potato is fast-dried until its humidity reaches the desired level, then the layer of dried, mashed potato is scraped from the drum, thus, leaving behind Potato Flakes.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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