Australia - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Australia - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights

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Frozen Sweet Corn Price in Australia - 2023

Contents:

  1. Frozen Sweet Corn Price in Australia (CIF) - 2023
  2. Frozen Sweet Corn Price in Australia (FOB) - 2022
  3. Frozen Sweet Corn Imports in Australia
  4. Frozen Sweet Corn Exports in Australia

Frozen Sweet Corn Price in Australia (CIF) - 2023

The average frozen sweet corn import price stood at $1,401 per ton in August 2023, with a decrease of -13.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 12% m-o-m. Over the period under review, average import prices hit record highs at $1,785 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,217 per ton), while the price for China ($1,129 per ton) was amongst the lowest.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by New Zealand (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Frozen Sweet Corn Price in Australia (FOB) - 2022

The average frozen sweet corn export price stood at $3,370 per ton in 2022, increasing by 30% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen sweet corn export price increased by +45.5% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($5,635 per ton), while the average price for exports to China ($1,294 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+35.1%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Sweet Corn Imports in Australia

In 2022, frozen sweet corn imports into Australia soared to 10K tons, picking up by 32% on the previous year. Overall, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.4% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, frozen sweet corn imports soared to $15M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Frozen Sweet Corn in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand4.75.37.08.220.4%
China0.61.11.62.049.4%
United States0.61.10.61.741.5%
Belgium0.50.80.71.440.9%
Vietnam0.50.80.81.233.9%
Thailand0.50.40.30.711.9%
Spain1.00.1N/AN/A-90.0%
Others0.10.20.20.344.2%
Total8.69.811.115.421.4%

Top Suppliers of Frozen Sweet Corn to Australia in 2022:

  1. Spain (undefinedK tons)
  2. New Zealand (6.0K tons)
  3. China (1.4K tons)
  4. United States (0.9K tons)
  5. Vietnam (0.7K tons)
  6. Belgium (0.7K tons)
  7. Thailand (0.4K tons)

Frozen Sweet Corn Exports in Australia

In 2022, shipments abroad of frozen sweet corn was finally on the rise to reach 81 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a pronounced shrinkage.

In value terms, frozen sweet corn exports soared to $274K in 2022. Over the period under review, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Frozen Sweet Corn in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand0.11.2N/A1631076.9%
Papua New Guinea9.06.35.936.759.8%
China2.5N/AN/A22.0106.5%
Kiribati0.50.52.515.6214.8%
Qatar1.61.3N/A11.190.7%
Hong Kong SAR8.63.92.310.46.5%
Nauru0.40.23.44.1117.2%
United Arab Emirates16695.661.71.0-81.8%
Mauritius10.2N/AN/AN/A0%
JapanN/A4.8N/AN/A0%
Indonesia25.11.4N/AN/A-94.4%
Others0.60.51.210.2157.1%
Total22411677.12746.9%

Top Export Markets for Frozen Sweet Corn from Australia in 2022:

  1. New Zealand (28.9 tons)
  2. China (17.0 tons)
  3. Papua New Guinea (16.7 tons)
  4. Kiribati (5.8 tons)
  5. Qatar (3.6 tons)
  6. Nauru (2.6 tons)
  7. Hong Kong SAR (2.3 tons)
  8. United Arab Emirates (0.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen sweet corn market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 447 - Sweet Corn, Frozen

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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