Thailand - Sweet Corn Prepared Or Preserved - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPreserved Sweet Corn Price in Thailand - 2023
Contents:
- Preserved Sweet Corn Price in Thailand (FOB) - 2023
- Preserved Sweet Corn Price in Thailand (CIF) - 2022
- Preserved Sweet Corn Exports in Thailand
- Preserved Sweet Corn Imports in Thailand
Preserved Sweet Corn Price in Thailand (FOB) - 2023
The average preserved sweet corn export price stood at $1,145 per ton in July 2023, increasing by 2.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth appeared the most rapid in August 2022 when the average export price increased by 9.8% m-o-m. Over the period under review, the average export prices reached the maximum at $1,217 per ton in January 2023; however, from February 2023 to July 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($1,496 per ton), while the average price for exports to South Korea ($910 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+3.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sweet Corn Price in Thailand (CIF) - 2022
In 2022, the average preserved sweet corn import price amounted to $985 per ton, rising by 46% against the previous year. Overall, the import price, however, continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 208%. As a result, import price attained the peak level of $5,356 per ton. From 2016 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -6.8% per year.
Preserved Sweet Corn Exports in Thailand
In 2022, shipments abroad of sweet corn prepared or preserved decreased by -7.3% to 193K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 16% against the previous year. As a result, the exports attained the peak of 214K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, preserved sweet corn exports reduced modestly to $203M in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 11%. As a result, the exports reached the peak of $215M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Preserved Sweet Corn in Thailand (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 42.6 | 47.9 | 45.6 | 44.2 | 1.2% |
South Korea | 22.9 | 29.6 | 32.0 | 30.0 | 9.4% |
Taiwan (Chinese) | 16.0 | 19.0 | 21.4 | 17.7 | 3.4% |
Philippines | 11.2 | 14.8 | 13.2 | 17.0 | 14.9% |
United States | 7.3 | 10.7 | 18.2 | 14.1 | 24.5% |
United Kingdom | 10.9 | 7.4 | 6.4 | 8.8 | -6.9% |
Australia | 6.9 | 8.8 | 7.2 | 7.5 | 2.8% |
Hong Kong SAR | 4.6 | 5.6 | 5.7 | 6.6 | 12.8% |
Saudi Arabia | 7.0 | 9.0 | 7.4 | 5.9 | -5.5% |
Malaysia | 3.6 | 4.4 | 4.2 | 3.8 | 1.8% |
Singapore | 3.1 | 4.8 | 3.2 | 3.6 | 5.1% |
Norway | 4.3 | 3.6 | 4.4 | 3.2 | -9.4% |
Russia | 4.6 | 3.6 | 2.8 | 1.5 | -31.2% |
Others | 48.5 | 45.3 | 39.4 | 39.0 | -7.0% |
Total | 194 | 215 | 211 | 203 | 1.5% |
Top Export Markets for Preserved Sweet Corn from Thailand in 2022:
- Japan (36.2K tons)
- South Korea (34.1K tons)
- Philippines (17.9K tons)
- Taiwan (Chinese) (16.2K tons)
- United States (15.9K tons)
- United Kingdom (7.6K tons)
- Australia (7.4K tons)
- Hong Kong SAR (6.4K tons)
- Saudi Arabia (5.1K tons)
- Malaysia (3.7K tons)
- Singapore (3.5K tons)
- Norway (2.9K tons)
- Russia (1.3K tons)
Preserved Sweet Corn Imports in Thailand
Preserved sweet corn imports into Thailand soared to 373 tons in 2022, increasing by 77% compared with 2021. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 86% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, preserved sweet corn imports soared to $367K in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Preserved Sweet Corn in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 175 | 106 | 139 | 123 | -11.1% |
Israel | N/A | 13.7 | N/A | N/A | 0% |
Others | 5.5 | 110 | 2.6 | 244 | 254.0% |
Total | 181 | 229 | 142 | 367 | 26.6% |
Top Suppliers of Preserved Sweet Corn to Thailand in 2022:
- China (198.9 tons)
This report provides an in-depth analysis of the preserved 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 448 - Sweet Corn, Prepared or Preserved
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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During the period spanning from June 2023 to July 2023, there was a slight decrease in the growth of exports. However, the export value of Preserved Peas experienced a significant surge, reaching $427K in July 2023.
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m
During the period spanning from June 2023 to July 2023, there was a slight decrease in the growth of exports. However, the export value of Preserved Peas experienced a significant surge, reaching $427K in July 2023.
In 2020, global preserved sweet corn exports rose by +4.1% y-o-y to $1B. Thailand, Hungary and France head the list of the largest exporters worldwide. The average export price for preserved sweet corn remained relatively unchanged in 2020. Germany, the UK, Japan were the prime destinations for imported preserved sweet corn last year.
Hungary dominates in the global trade of prepared sweet corn. In 2014, Hungary exported X thousand tons of prepared sweet corn totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of it
Despite relatively flat year to year export numbers in 2014, Italy continued to lead the way in the global trade of vegetables (homogenized preparations). In 2014, Italy exported X thousand tons of vegetables (homogenized preparations) totaling X m