
CIS - Sweet Corn Prepared or Preserved - Market Analysis, Forecast, Size, Trends and Insights
CIS: Preserved Sweet Corn Market 2023
Preserved Sweet Corn Market Size in CIS
In 2021, after five years of growth, there was significant decline in the CIS preserved sweet corn market, when its value decreased by -10.2% to $X. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +59.8% against 2015 indices. The level of consumption peaked at $X in 2020, and then fell in the following year.
Preserved Sweet Corn Production in CIS
In value terms, preserved sweet corn production declined to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +67.6% against 2015 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 49%. The level of production peaked at $X in 2020, and then reduced in the following year.
Russia (X tons) remains the largest preserved sweet corn producing country in the CIS, accounting for 98% of total volume.
In Russia, preserved sweet corn production increased at an average annual rate of +13.2% over the period from 2012-2021.
Preserved Sweet Corn Exports
Exports in CIS
In 2021, overseas shipments of sweet corn prepared or preserved increased by 37% to X tons, rising for the sixth consecutive year after two years of decline. In general, exports saw a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, preserved sweet corn exports surged to $X in 2021. Overall, exports recorded a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Russia was the key exporter of sweet corn prepared or preserved in the CIS, with the volume of exports recording X tons, which was approx. 75% of total exports in 2021. It was distantly followed by Moldova (X tons) and Uzbekistan (X tons), together generating a 20% share of total exports. Belarus (X tons) took a minor share of total exports.
From 2012 to 2021, average annual rates of growth with regard to preserved sweet corn exports from Russia stood at +14.1%. At the same time, Uzbekistan (+588.2%), Belarus (+32.9%) and Moldova (+2.6%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +588.2% from 2012-2021. From 2012 to 2021, the share of Uzbekistan, Russia and Belarus increased by +8.5, +6.9 and +2.7 percentage points, respectively.
In value terms, Russia ($X) remains the largest preserved sweet corn supplier in the CIS, comprising 72% of total exports. The second position in the ranking was held by Moldova ($X), with a 12% share of total exports. It was followed by Uzbekistan, with an 11% share.
In Russia, preserved sweet corn exports expanded at an average annual rate of +10.0% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Moldova (+1.3% per year) and Uzbekistan (+573.2% per year).
Export Prices by Country
In 2021, the export price in the CIS amounted to $X per ton, approximately mirroring the previous year. Overall, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2019 when the export price increased by 5.4%. Over the period under review, the export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Uzbekistan ($X per ton) and Moldova ($X per ton), while Belarus ($X per ton) and Russia ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+0.2%), while the other leaders experienced a decline in the export price figures.
Preserved Sweet Corn Imports
Imports in CIS
In 2021, after three years of growth, there was significant decline in purchases abroad of sweet corn prepared or preserved, when their volume decreased by -19.2% to X tons. Over the period under review, imports saw a slight contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 22%. The volume of import peaked at X tons in 2020, and then shrank rapidly in the following year.
In value terms, preserved sweet corn imports contracted slightly to $X in 2021. Overall, imports showed a mild descent. The pace of growth appeared the most rapid in 2018 with an increase of 23%. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Russia (X tons), distantly followed by Kazakhstan (X tons), Belarus (X tons) and Uzbekistan (X tons) were the key importers of sweet corn prepared or preserved, together constituting 89% of total imports. The following importers - Armenia (X tons), Azerbaijan (X tons) and Tajikistan (X tons) - together made up 8.5% of total imports.
From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Uzbekistan (with a CAGR of +17.3%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) were the countries with the highest levels of imports in 2021, with a combined 80% share of total imports. Uzbekistan, Azerbaijan, Armenia and Tajikistan lagged somewhat behind, together comprising a further 18%.
In terms of the main importing countries, Uzbekistan, with a CAGR of +40.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in the CIS amounted to $X per ton, jumping by 23% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2012; afterwards, it flattened through to 2021.
Prices varied noticeably country of destination: the country with the highest price was Azerbaijan ($X per ton), while Russia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+19.5%), while the other leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the preserved sweet corn market in CIS. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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