EU: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in the EU

The EU preserved sweet corn market rose significantly to $X in 2022, picking up by 9% against the previous year. The market value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the immediate term.

Preserved Sweet Corn Production in the EU

In value terms, preserved sweet corn production expanded markedly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by 22%. The level of production peaked in 2022 and is likely to see gradual growth in the immediate term.

The countries with the highest volumes of production in 2022 were Hungary (X tons), France (X tons) and Spain (X tons), with a combined 96% share of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Spain (with a CAGR of +7.2%), while production for the other leaders experienced more modest paces of growth.

Preserved Sweet Corn Exports

Exports in the EU

In 2022, preserved sweet corn exports in the European Union was estimated at X tons, remaining stable against the year before. The total export volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 with an increase of 13%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, preserved sweet corn exports amounted to $X in 2022. The total export value increased at an average annual rate of +1.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when exports increased by 13% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

In 2022, Hungary (X tons) was the largest exporter of sweet corn prepared or preserved, comprising 49% of total exports. It was distantly followed by France (X tons) and Spain (X tons), together constituting a 40% share of total exports. The following exporters - Germany (X tons), Belgium (X tons), Poland (X tons) and Italy (X tons) - each accounted for an 8.2% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +6.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), France ($X) and Spain ($X) appeared to be the countries with the highest levels of exports in 2022, together comprising 86% of total exports. Belgium, Germany, Italy and Poland lagged somewhat behind, together accounting for a further 9.8%.

Among the main exporting countries, Germany, with a CAGR of +9.6%, recorded the highest rates of growth with regard to the value of exports, 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 2022, increasing by 3.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 7.8% against the previous year. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.7%), while the other leaders experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports in the EU

In 2022, the amount of sweet corn prepared or preserved imported in the European Union expanded remarkably to X tons, with an increase of 9.7% compared with 2021. The total import volume increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, preserved sweet corn imports stood at $X in 2022. The total import value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2018 with an increase of 12%. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

In 2022, Germany (X tons), distantly followed by Spain (X tons), France (X tons), Italy (X tons), Poland (X tons), the Netherlands (X tons) and Belgium (X tons) were the key importers of sweet corn prepared or preserved, together constituting 76% of total imports. Sweden (X tons), Austria (X tons), Romania (X tons), Denmark (X tons), the Czech Republic (X tons) and Hungary (X tons) took a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

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 a 12% share of total imports. It was followed by the Netherlands, with a 7.9% share.

In Germany, preserved sweet corn imports expanded at an average annual rate of +3.6% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (-2.6% per year) and the Netherlands (+14.7% per year).

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, approximately equating the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 11%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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