Peru: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Peru

In 2022, after three years of growth, there was significant decline in the Peruvian preserved sweet corn market, when its value decreased by X% to $X. Overall, consumption recorded a drastic downturn. Preserved sweet corn consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Preserved Sweet Corn Production in Peru

In value terms, preserved sweet corn production stood at $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; afterwards, it flattened through to 2022.

In 2022, the average preserved sweet corn yield in Peru was estimated at less than X kg per ha, remaining stable against the previous year's figure. Overall, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of sweet corn prepared or preserved were harvested in Peru; stabilizing at the previous year's figure. Overall, the harvested area saw a relatively flat trend pattern.

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Preserved Sweet Corn Exports

Exports from Peru

After three years of decline, shipments abroad of sweet corn prepared or preserved increased by X% to X tons in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, preserved sweet corn exports surged to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ecuador (X tons) was the main destination for preserved sweet corn exports from Peru, accounting for a X% share of total exports. Moreover, preserved sweet corn exports to Ecuador exceeded the volume sent to the second major destination, Spain (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Ecuador totaled X%.

In value terms, Ecuador ($X) remains the key foreign market for sweet corn prepared or preserved exports from Peru, comprising X% of total exports. The second position in the ranking was taken by Spain ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Ecuador amounted to X%.

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Ecuador stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%).

Preserved Sweet Corn Imports

Imports into Peru

In 2022, approx. X tons of sweet corn prepared or preserved were imported into Peru; flattening at the previous year's figure. In general, imports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, preserved sweet corn imports amounted to $X in 2022. Overall, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Thailand (X tons), the United States (X tons) and China (X tons) were the main suppliers of preserved sweet corn imports to Peru, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), the United States ($X) and China ($X) were the largest preserved sweet corn suppliers to Peru, together accounting for X% of total imports.

In terms of the main suppliers, Thailand, with a CAGR of X%, 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 2022, the average preserved sweet corn import price amounted to $X per ton, remaining constant against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Thailand ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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