Thailand - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in Thailand - 2023
Contents:
- Frozen Sweet Corn Price in Thailand (FOB) - 2023
- Frozen Sweet Corn Price in Thailand (CIF) - 2022
- Frozen Sweet Corn Exports in Thailand
- Frozen Sweet Corn Imports in Thailand
Frozen Sweet Corn Price in Thailand (FOB) - 2023
In July 2023, the average frozen sweet corn export price amounted to $1,186 per ton, with a decrease of -3.4% against the previous month. Overall, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 13% m-o-m. Over the period under review, the average export prices attained the peak figure at $1,332 per ton in December 2022; however, from January 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Japan ($1,517 per ton), while the average price for exports to Singapore ($349 per ton) was amongst the lowest.
From September 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+2.8%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Sweet Corn Price in Thailand (CIF) - 2022
In 2022, the average frozen sweet corn import price amounted to $1,074 per ton, increasing by 7.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 71%. As a result, import price reached the peak level of $1,320 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1,537 per ton), while the price for China amounted to $1,058 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.3%).
Frozen Sweet Corn Exports in Thailand
Frozen sweet corn exports from Thailand declined to 22K tons in 2022, dropping by -11.2% on 2021 figures. Over the period under review, exports saw a mild descent. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 24K tons, and then shrank in the following year.
In value terms, frozen sweet corn exports rose slightly to $24M in 2022. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
| Export of Frozen Sweet Corn in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.8 | 10.9 | 12.3 | 15.6 | 9.8% |
| Iran | 9.9 | 3.0 | 3.6 | 3.7 | -28.0% |
| Taiwan (Chinese) | 1.2 | 1.5 | 1.5 | 2.2 | 22.4% |
| China | 0.2 | 3.7 | 4.3 | 0.9 | 65.1% |
| Australia | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Indonesia | 0.4 | 0.8 | 0.3 | 0.4 | 0.0% |
| Lao People's Democratic Republic | 0.3 | N/A | 0.3 | N/A | 0.0% |
| Others | 0.9 | 0.8 | 1.0 | 1.1 | 6.9% |
| Total | 24.8 | 20.8 | 23.4 | 24.4 | -0.5% |
Top Export Markets for Frozen Sweet Corn from Thailand in 2022:
- Japan (11.7K tons)
- Iran (4.1K tons)
- Taiwan (Chinese) (2.1K tons)
- China (1.6K tons)
- Indonesia (0.6K tons)
- Australia (0.5K tons)
Frozen Sweet Corn Imports in Thailand
In 2022, approx. 475 tons of frozen sweet corn were imported into Thailand; jumping by 20% compared with the year before. The total import volume increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen sweet corn imports skyrocketed to $510K in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sweet Corn in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 346 | 386 | 375 | 481 | 11.6% |
| Vietnam | 14.9 | N/A | 16.0 | 15.4 | 1.1% |
| Others | 30.4 | 6.4 | 3.1 | 13.4 | -23.9% |
| Total | 391 | 393 | 395 | 510 | 9.3% |
Top Suppliers of Frozen Sweet Corn to Thailand in 2022:
- China (454.5 tons)
- Vietnam (10.0 tons)
This report provides an in-depth analysis of the frozen sweet corn market in Thailand. 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:
- Thailand
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Thailand
- 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.
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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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