Report Update Nov 1, 2024

Saudi Arabia - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Saudi Arabia: Frozen Sweet Corn Market 2024

Frozen Sweet Corn Market Size in Saudi Arabia

The Saudi frozen sweet corn market rose to $X in 2021, growing by 2.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a slight shrinkage. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Frozen Sweet Corn Exports

Exports from Saudi Arabia

Frozen sweet corn exports from Saudi Arabia reduced to X tons in 2021, declining by -8.5% compared with 2020 figures. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of 41% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, frozen sweet corn exports surged to $X in 2021. Overall, exports, however, showed a mild increase. The pace of growth appeared the most rapid in 2013 with an increase of 59%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Oman (X tons) was the main destination for frozen sweet corn exports from Saudi Arabia, with a 47% share of total exports. Moreover, frozen sweet corn exports to Oman exceeded the volume sent to the second major destination, Jordan (X tons), threefold. Egypt (X tons) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual growth rate of volume to Oman stood at +90.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Jordan (+7.3% per year) and Egypt (-10.4% per year).

In value terms, Oman ($X) emerged as the key foreign market for frozen sweet corn exports from Saudi Arabia, comprising 59% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an 18% share of total exports. It was followed by Jordan, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Oman amounted to +120.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-10.9% per year) and Jordan (+2.4% per year).

Export Prices by Country

The average frozen sweet corn export price stood at $X per ton in 2021, with an increase of 28% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115%. The export price peaked in 2021 and is likely to continue growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Jordan ($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 the United Arab Emirates (+24.7%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Sweet Corn Imports

Imports into Saudi Arabia

In 2021, the amount of frozen sweet corn imported into Saudi Arabia contracted to X tons, with a decrease of -5.4% compared with the previous year. In general, imports recorded a perceptible slump. The pace of growth appeared the most rapid in 2015 when imports increased by 15%. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, frozen sweet corn imports amounted to $X in 2021. Over the period under review, imports recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 when imports increased by 9.1%. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

India (X tons), the United States (X tons) and Thailand (X tons) were the main suppliers of frozen sweet corn imports to Saudi Arabia, with a combined 70% share of total imports. Spain, Hungary, Belgium, China and Malaysia lagged somewhat behind, together comprising a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +30.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Thailand ($X) and India ($X) were the largest frozen sweet corn suppliers to Saudi Arabia, together comprising 58% of total imports. These countries were followed by Spain, Belgium, Hungary, Malaysia and China, which together accounted for a further 30%.

Spain, with a CAGR of +36.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average frozen sweet corn import price amounted to $X per ton, rising by 9.4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Spain ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for frozen sweet corn in the world?

The United States constituted the country with the largest volume of frozen sweet corn consumption, comprising approx. 49% of total volume. Moreover, frozen sweet corn consumption in the United States exceeded the figures recorded by the second-largest consumer, Japan, ninefold. The UK ranked third in terms of total consumption with a 5.3% share.

What are the largest producers of frozen sweet corn in the world?

The country with the largest volume of frozen sweet corn production was the United States, accounting for 52% of total volume. Moreover, frozen sweet corn production in the United States exceeded the figures recorded by the second-largest producer, Hungary, sixfold. New Zealand ranked third in terms of total production with a 6% share.

What are the leading suppliers of frozen sweet corn to Saudi Arabia?

In value terms, the largest frozen sweet corn suppliers to Saudi Arabia were Thailand, India and the United States, with a combined 69% share of total imports. These countries were followed by Hungary, Malaysia, Belgium and France, which together accounted for a further 21%.

What are the leading importers of frozen sweet corn from Saudi Arabia?

In value terms, Malaysia, Oman and Bahrain appeared to be the largest markets for frozen sweet corn exported from Saudi Arabia worldwide, with a combined 67% share of total exports.

What is the average export price for frozen sweet corn in Saudi Arabia?

In 2021, the average frozen sweet corn export price amounted to $1,477 per ton, dropping by -29.4% against the previous year.

What is the average import price for frozen sweet corn in Saudi Arabia?

In 2021, the average frozen sweet corn import price amounted to $1,278 per ton, surging by 1.7% against the previous year.

This report provides an in-depth analysis of the frozen sweet corn market in Saudi Arabia. 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.

Product coverage:

FCL 447 - Sweet Corn, Frozen

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023