Global Preserved Sweet Corn Market Overview 2020

Preserved Sweet Corn Market Size

The global preserved sweet corn market expanded slightly to $X in 2019, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% year-to-year. Global consumption peaked at $X in 2012; however, from 2013 to 2019, consumption stood at a somewhat lower figure.

Preserved Sweet Corn Production

In value terms, preserved sweet corn production stood at $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2008 when the production volume increased by X% y-o-y. Global production peaked at $X in 2012; however, from 2013 to 2019, production stood at a somewhat lower figure.

The U.S. (X tonnes) constituted the country with the largest volume of preserved sweet corn production, comprising approx. X% of total volume. Moreover, preserved sweet corn production in the U.S. exceeded the figures recorded by the second-largest producer, France (X tonnes), fourfold.

From 2007 to 2019, the average annual rate of growth in terms of volume in the U.S. stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: France (+X% per year) and Canada (-X% per year).

Production By Country

The country with the largest volume of preserved sweet corn production was the U.S. (X tonnes), comprising approx. X% of total volume. Moreover, preserved sweet corn production in the U.S. exceeded the figures recorded by the second-largest producer, Thailand (X tonnes), threefold. Hungary (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2019, the average annual growth rate of volume in the U.S. stood at +X%. The remaining producing countries recorded the following average annual rates of production growth: Thailand (+X% per year) and Hungary (+X% per year).

Preserved Sweet Corn Exports

Exports

In 2019, overseas shipments of sweet corn prepared or preserved decreased by -X% to X tonnes for the first time since 2015, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, exports reached the peak of X tonnes, and then declined in the following year.

In value terms, preserved sweet corn exports fell slightly to $X in 2019. The total export value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Global exports peaked at $X in 2014; however, from 2015 to 2019, exports failed to regain the momentum.

Exports by Country

In 2019, Thailand (X tonnes), Hungary (X tonnes) and France (X tonnes) represented the key exporter of sweet corn prepared or preserved in the world, generating X% of total export. The U.S. (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by China (X%). The following exporters - Belgium (X tonnes) and Spain (X tonnes) - each reached a X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by China, while exports for the other global leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Hungary ($X) and France ($X) constituted the countries with the highest levels of exports in 2019, with a combined X% share of global exports. These countries were followed by the U.S., China, Spain and Belgium, which together accounted for a further X terms of the main exporting countries, China saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average preserved sweet corn export price amounted to $X per tonne, remaining stable against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the maximum at $X per tonne in 2012; however, from 2013 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Spain ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the other global leaders experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports

Global preserved sweet corn imports contracted to X tonnes in 2019, approximately equating the year before. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. As a result, imports reached the peak of X tonnes, leveling off in the following year.

In value terms, preserved sweet corn imports shrank modestly to $X in 2019. The total import value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, global imports attained the peak figure at $X in 2014; afterwards, it flattened through to 2019.

Imports by Country

In 2019, Germany (X tonnes), the UK (X tonnes), Japan (X tonnes), South Korea (X tonnes) and Spain (X tonnes) represented the key importer of sweet corn prepared or preserved in the world, generating X% of total import. Taiwan, Chinese (X tonnes), Belgium (X tonnes), France (X tonnes), Italy (X tonnes), Russia (X tonnes), the Netherlands (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in the Netherlands, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2019, with a combined X% share of global imports. Spain, South Korea, Belgium, France, Taiwan, Chinese, Italy, the Netherlands, Russia and Poland lagged somewhat behind, together comprising a further X terms of the main importing countries, the Netherlands recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved sweet corn import price stood at $X per tonne in 2019, remaining stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2013; however, from 2014 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sweet corn prepared or preserved in the world?

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The country with the largest volume of preserved sweet corn consumption was the U.S. (581K tonnes), comprising approx. 41% of total volume. Moreover, preserved sweet corn consumption in the U.S. exceeded the figures recorded by the second-largest consumer, Germany (71K tonnes), eightfold. The UK (68K tonnes) ranked third in terms of total consumption with a 4.8% share.

What are the largest producers of sweet corn prepared or preserved in the world?

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The U.S. (649K tonnes) constituted the country with the largest volume of preserved sweet corn production, comprising approx. 46% of total volume. Moreover, preserved sweet corn production in the U.S. exceeded the figures recorded by the second-largest producer, Thailand (237K tonnes), threefold. Hungary (178K tonnes) ranked third in terms of total production with a 13% share.

What are the leading suppliers of sweet corn prepared or preserved in the world?

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In value terms, the largest preserved sweet corn supplying countries worldwide were Thailand ($224M), Hungary ($206M) and France ($168M), together comprising 62% of global exports. The U.S., China, Spain and Belgium lagged somewhat behind, together accounting for a further 27%.

What are the leading importers of sweet corn prepared or preserved in the world?

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In value terms, the largest preserved sweet corn importing markets worldwide were Germany ($103M), Japan ($97M) and the UK ($94M), with a combined 29% share of global imports. These countries were followed by Spain, South Korea, Belgium, France, Taiwan, Chinese, Italy, the Netherlands, Russia and Poland, which together accounted for a further 31%.

What is the average export price for sweet corn prepared or preserved in the world?

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In 2019, the average preserved sweet corn export price amounted to $1,200 per tonne, leveling off at the previous year.

What is the average import price for sweet corn prepared or preserved in the world?

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In 2019, the average preserved sweet corn import price amounted to $1,262 per tonne, almost unchanged from the previous year.