DENVER, CO - United States potato exports achieved a record value of $2.3 billion for the period from July 2023 to June 2024, despite a slight decrease in volume.
The data revealed a 4 percent rise in export value, while overall volume dipped by 1.6 percent to 3.3 million metric tons (fresh weight equivalent).
According to a press release, export values rose across all categories: fresh potatoes increased by 4.9 percent, frozen by 4.2 percent, chips by 2.7 percent, dehydrated by 2.2 percent, and seed potatoes by 19 percent.
While fresh, dehydrated, and seed exports experienced volume increases of 7.5 percent, 0.7 percent, and 12.4 percent respectively, frozen and chip volumes saw declines of 6.1 percent and 3.3 percent.
Mexico retained its position as the largest export market for U.S. potatoes for the second consecutive year, followed by Canada and Japan. The value of frozen potato exports reached $1.5 billion, although the volume fell to 1.5 million metric tons. Notably, export values increased for both Japan (5.8 percent) and Mexico (14.4 percent), while South Korea's values decreased by 2.9 percent.
Furthermore, the value of exported dehydrated potatoes rose to $263.1 million, with volume increasing to 899,032 metric tons. Canada emerged as a significant market, with both value and volume rising significantly.
Despite slight volume decreases, the robust growth in U.S. potato export values highlights strong global demand and the importance of innovative marketing strategies to further engage international markets.
For further information on produce trade figures in the fast-paced agricultural sector, keep reading AndNowUKnow.
