
U.S. - Sweet Corn Prepared or Preserved - Market Analysis, Forecast, Size, Trends and Insights
U.S.: Preserved Sweet Corn Market 2023
Preserved Sweet Corn Market Size in the U.S.
After three years of growth, the U.S. preserved sweet corn market decreased by -0.2% to $X in 2021. The market value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Preserved sweet corn consumption peaked at $X in 2020, and then declined in the following year.
Preserved Sweet Corn Production in the U.S.
In value terms, preserved sweet corn production contracted modestly to $X in 2021. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the production volume increased by 12%. Preserved sweet corn production peaked at $X in 2020, and then dropped modestly in the following year.
Preserved Sweet Corn Exports
Exports from the U.S.
In 2021, approx. X tons of sweet corn prepared or preserved were exported from the United States; declining by -7.2% compared with 2020 figures. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of 4.6%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, preserved sweet corn exports declined modestly to $X in 2021. In general, exports saw a perceptible decline. The pace of growth appeared the most rapid in 2013 when exports increased by 3.3%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
Japan (X tons) was the main destination for preserved sweet corn exports from the United States, with a 32% share of total exports. Moreover, preserved sweet corn exports to Japan exceeded the volume sent to the second major destination, the Dominican Republic (X tons), threefold. The third position in this ranking was taken by South Korea (X tons), with an 11% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Japan stood at -4.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Dominican Republic (+42.7% per year) and South Korea (-9.2% per year).
In value terms, Japan ($X) remains the key foreign market for preserved sweet corn exports from the United States, comprising 33% of total exports. The second position in the ranking was held by South Korea ($X), with a 15% share of total exports. It was followed by the Dominican Republic, with a 9.6% share.
From 2012 to 2021, the average annual growth rate of value to Japan amounted to -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-5.8% per year) and the Dominican Republic (+41.6% per year).
Export Prices by Country
In 2021, the average preserved sweet corn export price amounted to $X per ton, surging by 4.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2013 an increase of 12%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Saudi Arabia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Preserved Sweet Corn Imports
Imports into the U.S.
For the fourth year in a row, the United States recorded growth in overseas purchases of sweet corn prepared or preserved, which increased by 59% to X tons in 2021. Overall, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, preserved sweet corn imports surged to $X in 2021. In general, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, Thailand (X tons) constituted the largest preserved sweet corn supplier to the United States, with a 66% share of total imports. Moreover, preserved sweet corn imports from Thailand exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. Brazil (X tons) ranked third in terms of total imports with an 8.8% share.
From 2012 to 2021, the average annual growth rate of volume from Thailand stood at +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+21.0% per year) and Brazil (+143.5% per year).
In value terms, Thailand ($X) constituted the largest supplier of preserved sweet corn to the United States, comprising 65% of total imports. The second position in the ranking was taken by China ($X), with a 9.6% share of total imports. It was followed by Brazil, with a 9% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+15.7% per year) and Brazil (+115.3% per year).
Import Prices by Country
The average preserved sweet corn import price stood at $X per ton in 2021, growing by 12% against the previous year. Over the period under review, the import price, however, saw a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 23%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the preserved sweet corn market in the 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.
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 Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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