Production of frozen potatoes in Russia for the period 2014-18 increased from 4.7 thousand tons to 42.4 thousand tons. This was reported by RBC with reference to the Analysis of the Frozen Potato Market in Russia, prepared by BusinesStat.
According to this study, in 2014-17 annual production output ranged from 4.6 thousand tons to 6.1 thousand tons, and the main growth in production over the five-year period came in 2018 (9.2 times the level of 2017) due to the start of production in 2018.
The shareholders of the processing plant were Lam Weston Belaya Dacha LLC and the Lamb Weston Maijer international agricultural holding, which last year supplied 39.5 thousand tons of frozen potatoes to the Russian market.
According to BusinesStat analysts, the growth in the production of frozen potatoes in the next five years will continue. The highest growth is expected in 2019-20. In 2023, the production of frozen potatoes in Russia will reach 106.5 thousand tons.