China - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in China - 2023
Contents:
- Frozen Sweet Corn Price in China (FOB) - 2023
- Frozen Sweet Corn Price in China (CIF) - 2023
- Frozen Sweet Corn Exports in China
- Frozen Sweet Corn Imports in China
Frozen Sweet Corn Price in China (FOB) - 2023
In June 2023, the average frozen sweet corn export price amounted to $809 per ton, falling by -8.8% against the previous month. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 5.7% against the previous month. The export price peaked at $919 per ton in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($1,304 per ton), while the average price for exports to South Korea ($494 per ton) was amongst the lowest.
From September 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+0.7%), while the prices for the other major destinations experienced mixed trend patterns.
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Frozen Sweet Corn Price in China (CIF) - 2023
In June 2023, the average frozen sweet corn import price amounted to $3,055 per ton, surging by 48% against the previous month. Over the period under review, the import price saw a buoyant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From September 2022 to June 2023, the rate of growth in terms of prices for the United States amounted to +10.6% per month.
Frozen Sweet Corn Exports in China
In 2022, the amount of frozen sweet corn exported from China soared to 53K tons, increasing by 24% against the year before. The total export volume increased at an average annual rate of +13.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen sweet corn exports skyrocketed to $46M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +17.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Frozen Sweet Corn in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 8.3 | 9.3 | 11.5 | 10.9 | 9.5% |
| Chile | 0.8 | 1.3 | 2.1 | 5.8 | 93.5% |
| Japan | 5.0 | 4.5 | 4.4 | 5.3 | 2.0% |
| United States | 3.6 | 4.9 | 5.5 | 4.9 | 10.8% |
| Colombia | 0.1 | 0.4 | 1.0 | 2.7 | 200.0% |
| Hong Kong SAR | 2.3 | 1.6 | 2.3 | 2.6 | 4.2% |
| Australia | 0.6 | 0.9 | 1.0 | 1.6 | 38.7% |
| Canada | 0.9 | 0.9 | 1.6 | 1.5 | 18.6% |
| Algeria | N/A | N/A | 0.1 | 1.5 | 1400.0% |
| Malaysia | 0.9 | 0.8 | 0.9 | 1.5 | 18.6% |
| Indonesia | 0.4 | 0.2 | 0.4 | 1.1 | 40.1% |
| Singapore | 0.5 | 2.2 | 0.7 | 1.0 | 26.0% |
| Vietnam | 0.4 | 0.4 | 0.5 | 0.7 | 20.5% |
| Others | 4.0 | 3.7 | 2.4 | 4.4 | 3.2% |
| Total | 27.9 | 31.1 | 34.4 | 45.6 | 17.8% |
Top Export Markets for Frozen Sweet Corn from China in 2022:
- South Korea (21.9K tons)
- Chile (5.9K tons)
- Japan (4.1K tons)
- United States (3.7K tons)
- Colombia (2.8K tons)
- Hong Kong SAR (1.9K tons)
- Algeria (1.6K tons)
- Malaysia (1.6K tons)
- Australia (1.4K tons)
- Canada (1.2K tons)
- Singapore (1.0K tons)
- Indonesia (1.0K tons)
- Vietnam (0.8K tons)
Frozen Sweet Corn Imports in China
Frozen sweet corn imports into China shrank remarkably to 8K tons in 2022, waning by -50.8% against 2021 figures. In general, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of 16K tons, and then dropped markedly in the following year.
In value terms, frozen sweet corn imports shrank notably to $11M in 2022. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 4.7% against the previous year.
| Import of Frozen Sweet Corn in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 18.7 | 13.2 | 12.1 | 9.4 | -20.5% |
| Thailand | 0.1 | 3.7 | 5.0 | 1.4 | 141.0% |
| Spain | N/A | N/A | 0.7 | 0.5 | -28.6% |
| Others | 0.8 | 0.3 | 0.1 | N/A | -64.6% |
| Total | 19.5 | 17.2 | 18.0 | 11.3 | -16.6% |
Top Suppliers of Frozen Sweet Corn to China in 2022:
- United States (5.8K tons)
- Thailand (1.9K tons)
- Spain (0.3K tons)
This report provides an in-depth analysis of the frozen sweet corn market in China. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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