
EU - Sweet Corn Prepared or Preserved - Market Analysis, Forecast, Size, Trends and Insights
EU: Preserved Sweet Corn Market 2023
Preserved Sweet Corn Market Size in the EU
The EU preserved sweet corn market was estimated at $X in 2021, approximately reflecting the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.
Preserved Sweet Corn Production in the EU
In value terms, preserved sweet corn production shrank to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 22%. As a result, production reached the peak level of $X. From 2018 to 2021, production growth remained at a somewhat lower figure.
The countries with the highest volumes of production in 2021 were Hungary (X tons), France (X tons) and Spain (X tons), together comprising 96% of total production.
From 2012 to 2021, the biggest increases were in Spain (with a CAGR of +3.6%), while production for the other leaders experienced more modest paces of growth.
Preserved Sweet Corn Exports
Exports in the EU
In 2021, approx. X tons of sweet corn prepared or preserved were exported in the European Union; shrinking by -4.9% on 2020. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.
In value terms, preserved sweet corn exports totaled $X in 2021. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when exports increased by 13%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.
Exports by Country
In 2021, Hungary (X tons) represented the largest exporter of sweet corn prepared or preserved, comprising 50% of total exports. France (X tons) held a 28% share (based on physical terms) of total exports, which put it in second place, followed by Spain (9.2%). Belgium (X tons), Italy (X tons), Germany (X tons) and Poland (X tons) took a relatively small share of total exports.
From 2012 to 2021, the biggest increases were in Germany (with a CAGR of +7.8%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Hungary ($X), France ($X) and Spain ($X) were the countries with the highest levels of exports in 2021, with a combined 85% share of total exports. These countries were followed by Belgium, Germany, Italy and Poland, which together accounted for a further 12%.
Germany, with a CAGR of +11.2%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
The export price in the European Union stood at $X per ton in 2021, surging by 8.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. Over the period under review, the export prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Germany ($X per ton), while Poland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the other leaders experienced more modest paces of growth.
Preserved Sweet Corn Imports
Imports in the EU
In 2021, after four years of growth, there was significant decline in purchases abroad of sweet corn prepared or preserved, when their volume decreased by -5.2% to X tons. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 7% against the previous year. Over the period under review, imports reached the maximum at X tons in 2020, and then dropped in the following year.
In value terms, preserved sweet corn imports expanded to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 12%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.
Imports by Country
Germany represented the main importer of sweet corn prepared or preserved in the European Union, with the volume of imports amounting to X tons, which was approx. 29% of total imports in 2021. It was distantly followed by Spain (X tons), Belgium (X tons), France (X tons), Poland (X tons), Italy (X tons), Sweden (X tons) and the Netherlands (X tons), together generating a 48% share of total imports. Austria (X tons), Denmark (X tons), Romania (X tons), Hungary (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.
From 2012 to 2021, average annual rates of growth with regard to preserved sweet corn imports into Germany stood at +2.0%. At the same time, Hungary (+15.6%), Romania (+11.9%), the Netherlands (+9.5%) and the Czech Republic (+3.2%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer imported in the European Union, with a CAGR of +15.6% from 2012-2021. Poland, Austria, Denmark, France and Sweden experienced a relatively flat trend pattern. By contrast, Italy (-1.4%), Belgium (-2.4%) and Spain (-3.8%) illustrated a downward trend over the same period. While the share of Germany (+3.1 p.p.) and the Netherlands (+2.4 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-2.8 p.p.) and Spain (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X) constitutes the largest market for imported sweet corn prepared or preserved in the European Union, comprising 28% of total imports. The second position in the ranking was held by Spain ($X), with an 11% share of total imports. It was followed by Belgium, with an 8.4% share.
In Germany, preserved sweet corn imports increased at an average annual rate of +3.1% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Spain (-4.5% per year) and Belgium (-1.5% per year).
Import Prices by Country
The import price in the European Union stood at $X per ton in 2021, with an increase of 7.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 11%. Over the period under review, import prices reached the peak figure at $X per ton in 2013; afterwards, it flattened through to 2021.
Prices varied noticeably country of destination: the country with the highest price was Denmark ($X per ton), while Hungary ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+4.6%), while the other leaders experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the preserved sweet corn market in the EU. 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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