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

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

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Frozen Sweet Corn Price in South Africa - 2023

Contents:

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

Frozen Sweet Corn Price in South Africa (CIF) - 2023

In July 2023, the average frozen sweet corn import price amounted to $929 per ton, declining by -4.7% against the previous month. Overall, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in January 2023 an increase of 42% month-to-month. The import price peaked at $1,277 per ton in November 2022; however, from December 2022 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($2,219 per ton), while the price for India ($659 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Frozen Sweet Corn Price in South Africa (FOB) - 2022

The average frozen sweet corn export price stood at $1,575 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $1,726 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($1,905 per ton), while the average price for exports to Zimbabwe ($693 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 Botswana (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Sweet Corn Imports in South Africa

For the third consecutive year, South Africa recorded decline in overseas purchases of frozen sweet corn, which decreased by -20.8% to 787 tons in 2022. Overall, imports recorded a dramatic descent. The smallest decline of -4.1% was in 2020.

In value terms, frozen sweet corn imports fell slightly to $873K in 2022. In general, imports faced a precipitous decrease.

Import of Frozen Sweet Corn in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium352458364274-8.0%
New Zealand40.420444.617863.9%
India253790296153-15.4%
China24933948.780.9-31.3%
CanadaN/AN/AN/A63.20%
Vietnam20094.434.162.5-32.1%
PolandN/AN/AN/A49.10%
Spain1,273228110N/A-70.6%
Others40.817.916.812.0-33.5%
Total2,4102,130915873-28.7%

Top Suppliers of Frozen Sweet Corn to South Africa in 2022:

  1. Belgium (259.9 tons)
  2. India (215.9 tons)
  3. New Zealand (79.6 tons)
  4. China (79.0 tons)
  5. Poland (48.4 tons)
  6. Canada (43.2 tons)
  7. Vietnam (43.2 tons)

Frozen Sweet Corn Exports in South Africa

In 2022, the amount of frozen sweet corn exported from South Africa dropped rapidly to 462 tons, with a decrease of -20% compared with the previous year. Over the period under review, exports continue to indicate a deep contraction. The smallest decline of -1.8% was in 2021.

In value terms, frozen sweet corn exports fell sharply to $728K in 2022. In general, exports continue to indicate a deep slump. The growth pace was the most rapid in 2021 when exports increased by 2.7% against the previous year.

Export of Frozen Sweet Corn in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana536494558357-12.7%
Namibia279208208223-7.2%
Mozambique42.345.537.743.81.2%
Swaziland36.737.242.637.60.8%
Lesotho15.517.116.816.62.3%
Zambia21.49.917.614.9-11.4%
Zimbabwe5.26.13.48.618.3%
Others65.769.928.227.5-25.2%
Total1,002888912728-10.1%

Top Export Markets for Frozen Sweet Corn from South Africa in 2022:

  1. Botswana (187.3 tons)
  2. Namibia (171.0 tons)
  3. Mozambique (23.6 tons)
  4. Swaziland (22.5 tons)
  5. Lesotho (16.3 tons)
  6. Zambia (15.1 tons)
  7. Zimbabwe (12.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the frozen sweet corn market in South Africa. 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:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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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