Retail potato sales increased in dollar value from April to June 2022 – Potato News Today
Retail potato sales increased in dollars and fell slightly in volume from April to June 2022, compared to the same period in 2021, according to Potatoes USA. The industry body said that with prices up 13.6%, dollar sales rose 12.6%.
Although total volume sales were down 0.8% from the same period a year ago, they remained higher than the same period before the pandemic in 2019. Three categories increased in volume and dollars: instant, chilled and canned potatoes.
The three categories that account for the highest percentage of sales by volume, namely potato chips, frozen potatoes and fresh potatoes, all increased in dollar sales, but declined slightly in volume. Potato chips rose 13.7% in dollars and fell 1.1% in volume.
Frozen potatoes were up 14.7% in dollars and down 1.2% in volume, and fresh potatoes were up 11.7% in dollars and down 0.8% in volume. Sales of fresh potatoes increased by 11.7% and the price per pound increased by 12.6%, but the average price for fresh potatoes remains below $1.
Most types of fresh potatoes increased in dollar sales, but decreased in volume, with the exception of yellow potatoes and fingerling potatoes. Yellow potatoes increased by 8.3% and fingerling potatoes increased by 6% in volume. When looking at packaging types, bagged potatoes accounted for 84% of volume, and the only category that grew in dollars and volume, 13.6% and 1.1%, respectively.
Five-pound bags were the only category to increase in dollars (15.8%) and volume (4.2%). All package sizes of eight pounds or more saw the largest declines in sales volume, but the largest price increases.
Source: Potatoes United States