Sweet Corn Market - Hungary’s Exports of Frozen Sweet Corn Increased by 9% in 2014

Vegetables And Melons September 15, 2015
Author: Alexander Romanenko
Chief Executive Officer

sweet corn market

Hungary dominates in the global trade of frozen sweet corn. In 2014, Hungary exported 252 thousand tonnes of frozen sweet corn totaling 309 million USD, 9% over the previous year. Its primary trading partner on the global sweet corn market was Germany, where it supplied 18% of its total frozen sweet corn exports in value terms, accounting for 46% of Germany's total imports.

From 2007 to 2014, Hungary was a net exporter of frozen sweet corn. Over this period, exports consistently exceeded imports in value terms. However, in physical terms, the difference was less pronounced, except for 2011 and 2013 when high import prices made it more notable.

France and Thailand were among the other main global suppliers of frozen sweet corn in 2014. However, the fastest growing exporters from 2007 to 2014 were Poland (+22% per year) and Spain (+22% per year).

Hungary's top 5 trading partners in 2014 were Germany, France, the United Kingdom, Belgium and Poland, with a combined 66% share of Hungary's frozen sweet corn exports. The share of Belgium increased modestly (+5 percentage points), while the share of Poland dropped slightly (-1 percentage points).

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Source: World: Sweet Corn Frozen - Market Report. Analysis And Forecast To 2020