Germany: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Germany

In 2022, the German preserved sweet corn market increased by 8.5% to $X, rising for the sixth year in a row after three years of decline. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +60.6% against 2016 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see steady growth in the near future.

Preserved Sweet Corn Exports

Exports from Germany

In 2022, the amount of sweet corn prepared or preserved exported from Germany reduced to X tons, which is down by -2.2% against the year before. Overall, exports, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2015 when exports increased by 47%. 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 dropped modestly to $X in 2022. In general, exports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 47% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

France (X tons), Austria (X tons) and Poland (X tons) were the main destinations of preserved sweet corn exports from Germany, with a combined 51% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +66.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for preserved sweet corn exported from Germany were France ($X), Austria ($X) and Poland ($X), together comprising 50% of total exports.

France, with a CAGR of +57.9%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, shrinking by -1.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2021 when the average export price increased by 18% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Germany

In 2022, the amount of sweet corn prepared or preserved imported into Germany was estimated at X tons, with an increase of 3.8% against 2021. The total import volume increased at an average annual rate of +2.2% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 with an increase of 6.9% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, preserved sweet corn imports expanded remarkably to $X in 2022. Over the period under review, total imports indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2016 indices. The growth pace was the most rapid in 2020 when imports increased by 14%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

Hungary (X tons), France (X tons) and China (X tons) were the main suppliers of preserved sweet corn imports to Germany, with a combined 87% share of total imports. Spain, the Netherlands, Thailand and Italy lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +20.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), France ($X) and China ($X) constituted the largest preserved sweet corn suppliers to Germany, together accounting for 84% of total imports. Spain, the Netherlands, Thailand and Italy lagged somewhat behind, together comprising a further 12%.

Spain, with a CAGR of +23.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average preserved sweet corn import price stood at $X per ton in 2022, increasing by 4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2021 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per ton) and Spain ($X per ton), while the price for China ($X per ton) and Thailand ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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