CIS: Preserved Sweet Corn Market 2022

Preserved Sweet Corn Market Size in CIS

In 2021, the CIS preserved sweet corn market decreased by -X% to $X for the first time since 2015, thus ending a five-year rising trend. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2015 indices. Over the period under review, the market hit record highs at $X in 2020, and then contracted in the following year.

Preserved Sweet Corn Production in CIS

In value terms, preserved sweet corn production contracted to $X in 2021 estimated in export prices. The total production indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2020, and then declined in the following year.

The country with the largest volume of preserved sweet corn production was Russia (X tonnes), accounting for X% of total volume.

In Russia, preserved sweet corn production expanded at an average annual rate of +X% over the period from 2012-2021.

Production By Country in CIS

The country with the largest volume of preserved sweet corn production was Russia (X tonnes), accounting for X% of total volume.

From 2012 to 2021, the average annual growth rate of volume in Russia stood at +X%.

Preserved Sweet Corn Exports

Exports in CIS

In 2021, shipments abroad of sweet corn prepared or preserved increased by X% to X tonnes, rising for the sixth year in a row after two years of decline. In general, exports posted a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved sweet corn exports skyrocketed to $X in 2021. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Russia (X tonnes) represented the key exporter of sweet corn prepared or preserved, mixing up X% of total exports. Moldova (X tonnes) took the second position in the ranking, followed by Uzbekistan (X tonnes). All these countries together took near X% share of total exports.

Exports from Russia increased at an average annual rate of +X% from 2012 to 2021. At the same time, Uzbekistan (+X%) and Moldova (+X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of +X% from 2012-2021. While the share of Russia (+X p.p.) and Uzbekistan (+X p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Moldova (-X p.p.) displayed negative dynamics.

In value terms, Russia ($X) remains the largest preserved sweet corn supplier in the CIS, comprising X% of total exports. The second position in the ranking was occupied by Moldova ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Russia amounted to +X%. In the other countries, the average annual rates were as follows: Moldova (+X% per year) and Uzbekistan (+X% per year).

Export Prices by Country

In 2021, the preserved sweet corn export price in the CIS amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per tonne in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Uzbekistan ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Uzbekistan (+X%), while the other leaders experienced a decline in the export price figures.

Preserved Sweet Corn Imports

Imports in CIS

In 2021, the amount of sweet corn prepared or preserved imported in the CIS dropped sharply to X tonnes, which is down by -X% against the previous year's figure. Overall, imports showed a deep slump. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, preserved sweet corn imports reduced markedly to $X in 2021. In general, imports saw a perceptible decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Russia was the major importing country with an import of around X tonnes, which resulted at X% of total imports. Kazakhstan (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Belarus (X%). The following importers - Armenia (X tonnes), Azerbaijan (X tonnes) and Tajikistan (X tonnes) - together made up X% of total imports.

Imports into Russia decreased at an average annual rate of -X% from 2012 to 2021. At the same time, Azerbaijan (+X%), Armenia (+X%), Tajikistan (+X%), Belarus (+X%) and Kazakhstan (+X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing importer imported in the CIS, with a CAGR of +X% from 2012-2021. Kazakhstan (+X p.p.), Belarus (+X p.p.), Armenia (+X p.p.) and Azerbaijan (+X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported sweet corn prepared or preserved in the CIS, comprising X% of total imports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total imports. It was followed by Belarus, with an X% share.

In Russia, preserved sweet corn imports plunged by an average annual rate of -X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (+X% per year) and Belarus (+X% per year).

Import Prices by Country

The preserved sweet corn import price in the CIS stood at $X per tonne in 2021, picking up by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was Azerbaijan ($X per tonne), while Tajikistan ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Azerbaijan (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform