New Zealand: Frozen Sweet Corn Market 2025

Frozen Sweet Corn Market Size in New Zealand

In 2021, the New Zealand frozen sweet corn market decreased by -17.1% to $X, falling for the third consecutive year after three years of growth. In general, consumption saw a pronounced curtailment. The most prominent rate of growth was recorded in 2016 when the market value increased by 2% against the previous year. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Frozen Sweet Corn Production in New Zealand

In value terms, frozen sweet corn production reached $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable decrease. The growth pace was the most rapid in 2017 when the production volume increased by 3% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Frozen Sweet Corn Exports

Exports from New Zealand

In 2021, after three years of decline, there was significant growth in shipments abroad of frozen sweet corn, when their volume increased by 72% to X tons. Over the period under review, total exports indicated a temperate expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen sweet corn exports surged to $X in 2021. Overall, total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Australia (X tons), Japan (X tons) and Kuwait (X tons) were the main destinations of frozen sweet corn exports from New Zealand, together accounting for 89% of total exports. These countries were followed by Taiwan (Chinese), which accounted for a further 4.1%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +214.9%), while the other leaders experienced more modest paces of growth.

In value terms, Australia ($X), Japan ($X) and Kuwait ($X) constituted the largest markets for frozen sweet corn exported from New Zealand worldwide, together accounting for 88% of total exports. Taiwan (Chinese) lagged somewhat behind, comprising a further 3.4%.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of +224.6%, 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

In 2021, the average frozen sweet corn export price amounted to $X per ton, with an increase of 4.9% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 5.6%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Taiwan (Chinese) ($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 Taiwan (Chinese) (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Sweet Corn Imports

Imports into New Zealand

In 2021, the amount of frozen sweet corn imported into New Zealand reduced dramatically to X tons, waning by -46.4% against the year before. Overall, imports continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 266% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, frozen sweet corn imports dropped dramatically to $X in 2021. In general, imports saw a perceptible downturn. The most prominent rate of growth was recorded in 2018 with an increase of 200% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Spain (X tons), the United States (X tons) and Vietnam (X tons) were the main suppliers of frozen sweet corn imports to New Zealand, with a combined 96% share of total imports. These countries were followed by China, which accounted for a further 3.3%.

From 2012 to 2021, the biggest increases were in China (with a CAGR of -3.7%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), Spain ($X) and Vietnam ($X) constituted the largest frozen sweet corn suppliers to New Zealand, together comprising 97% of total imports.

Among the main suppliers, the United States, with a CAGR of +5.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average frozen sweet corn import price stood at $X per ton in 2021, picking up by 24% against the previous year. In general, import price indicated mild growth from 2012 to 2021: its price increased at an average annual rate of +1.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, frozen sweet corn import price increased by +69.5% against 2018 indices. The pace of growth appeared the most rapid in 2016 when the average import price increased by 25% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+10.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :