U.S. Corn Chips And Similar Crisp Savory Snack Foods Market. Analysis And Forecast to 2030
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View PricingPrice for Corn Chips and Similar Crisp Savory Snack Foods in the United States - 2022
Contents:
- Price for Corn Chips and Similar Crisp Savory Snack Foods in the United States (CIF) - 2022
- Price for Corn Chips and Similar Crisp Savory Snack Foods in the United States (FOB) - 2022
- Imports of Corn Chips and Similar Crisp Savory Snack Foods in the United States
- Exports of Corn Chips and Similar Crisp Savory Snack Foods in the United States
Price for Corn Chips and Similar Crisp Savory Snack Foods in the United States (CIF) - 2022
The average import price for corn chips and similar crisp savory snack foods stood at $3,225 per ton in 2021, with an increase of 7.2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $3,262 per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($7,507 per ton), while the price for Mexico ($2,684 per ton) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Corn Chips and Similar Crisp Savory Snack Foods in the United States (FOB) - 2022
In 2021, the average export price for corn chips and similar crisp savory snack foods amounted to $4,307 per ton, almost unchanged from the previous year. Over the period from 2013 to 2021, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2015 an increase of 13%. Over the period under review, the average export prices reached the peak figure at $4,331 per ton in 2019; afterwards, it flattened through to 2021.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Philippines ($4,998 per ton), while the average price for exports to Saudi Arabia ($2,168 per ton) was amongst the lowest.
From 2013 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Corn Chips and Similar Crisp Savory Snack Foods in the United States
In 2022, after three years of growth, there was significant decline in purchases abroad of corn chips and similar crisp savory snack foods, when their volume decreased by 99.9% to less than 0.1 kg. Overall, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 13%. As a result, imports attained the peak of 141K tons, and then fell remarkably in the following year.
In value terms, imports of corn chips and similar crisp savory snack foods surged to $611M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.2% 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 +86.9% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Corn Chips and Similar Crisp Savory Snack Foods in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Mexico | 166 | 193 | 253 | 23.5% | |
| Canada | 49.7 | 56.4 | 60.2 | 10.1% | |
| India | 15.3 | 20.5 | 22.0 | 19.9% | |
| South Korea | 16.5 | 16.9 | 17.6 | 3.3% | |
| Israel | 12.3 | 14.1 | 15.6 | 12.6% | |
| El Salvador | 8.9 | 11.9 | 13.4 | 22.7% | |
| Philippines | 8.1 | 9.3 | 7.4 | -4.4% | |
| Dominican Republic | 6.2 | 6.6 | 7.3 | 8.5% | |
| Others | 44.6 | 47.0 | 58.9 | 14.9% | |
| Total | 327 | 375 | 455 | 18.0% | |
Top Suppliers of Corn Chips and Similar Crisp Savory Snack Foods to the United States in 2022:
- Mexico (94.2K tons)
- Canada (13.6K tons)
- India (7.3K tons)
- El Salvador (4.1K tons)
- Israel (2.8K tons)
- Philippines (2.6K tons)
- South Korea (2.3K tons)
- Dominican Republic (1.8K tons)
Exports of Corn Chips and Similar Crisp Savory Snack Foods in the United States
After three years of growth, shipments abroad of corn chips and similar crisp savory snack foods decreased by 99.9% to less than 0.1 kg in 2022. Over the period under review, exports, however, continue to indicate a pronounced increase. The growth pace was the most rapid in 2020 when exports increased by 5.4% against the previous year.
In value terms, exports of corn chips and similar crisp savory snack foods reached $437M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Corn Chips and Similar Crisp Savory Snack Foods in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Canada | 136 | 142 | 153 | 6.1% | |
| Mexico | 28.3 | 29.6 | 41.2 | 20.7% | |
| Philippines | 23.0 | 23.6 | 18.1 | -11.3% | |
| South Korea | 11.4 | 11.5 | 11.2 | -0.9% | |
| Israel | 9.8 | 11.3 | 10.0 | 1.0% | |
| Singapore | 8.4 | 11.1 | 9.2 | 4.7% | |
| China | 6.6 | 8.8 | 9.0 | 16.8% | |
| Panama | 9.8 | 6.5 | 8.8 | -5.2% | |
| Australia | 6.3 | 8.8 | 8.0 | 12.7% | |
| Bahamas | 7.4 | 8.0 | 7.4 | 0.0% | |
| Costa Rica | 5.4 | 4.7 | 6.3 | 8.0% | |
| Hong Kong SAR | 6.4 | 6.3 | 5.8 | -4.8% | |
| Saudi Arabia | 6.3 | 9.1 | 3.2 | -28.7% | |
| Others | 103 | 99.5 | 110 | 3.3% | |
| Total | 368 | 381 | 401 | 4.4% | |
Top Export Markets for Corn Chips and Similar Crisp Savory Snack Foods from the United States in 2022:
- Canada (35.2K tons)
- Mexico (8.5K tons)
- Philippines (3.6K tons)
- South Korea (3.2K tons)
- Israel (2.8K tons)
- China (2.6K tons)
- Singapore (2.5K tons)
- Panama (2.5K tons)
- Australia (1.9K tons)
- Costa Rica (1.8K tons)
- Bahamas (1.6K tons)
- Hong Kong SAR (1.6K tons)
- Saudi Arabia (1.5K tons)
This report provides an in-depth analysis of the market for corn chips and similar crisp savory snack foods in the U.S.. 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:
- NAICS 3119194 - Corn chips and related products
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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
- 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 VOLUME AND VALUE
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
- 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
- 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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