Thailand: Frozen Sweet Corn Market 2025

Frozen Sweet Corn Market Size in Thailand

After three years of growth, the Thai frozen sweet corn market decreased by -61.2% to $X in 2021. Overall, consumption recorded a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Frozen Sweet Corn Production in Thailand

In value terms, frozen sweet corn production reached $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 12% against the previous year. Frozen sweet corn production peaked at $X in 2019; afterwards, it flattened through to 2021.

Frozen Sweet Corn Exports

Exports from Thailand

In 2021, after two years of decline, there was significant growth in overseas shipments of frozen sweet corn, when their volume increased by 17% to X tons. Overall, total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +8.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 27% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, frozen sweet corn exports reached $X in 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -9.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 when exports increased by 19% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X tons), China (X tons) and Iran (X tons) were the main destinations of frozen sweet corn exports from Thailand, with a combined 82% share of total exports. These countries were followed by Taiwan (Chinese), Lao People's Democratic Republic, the United Arab Emirates, Malaysia and Turkey, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lao People's Democratic Republic (with a CAGR of +203.3%), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) remains the key foreign market for frozen sweet corn exports from Thailand, comprising 50% of total exports. The second position in the ranking was held by China ($X), with an 18% share of total exports. It was followed by Iran, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Japan totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+72.7% per year) and Iran (+7.5% per year).

Export Prices by Country

In 2021, the average frozen sweet corn export price amounted to $X per ton, falling by -3.7% against the previous year. Over the period under review, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2016 an increase of 3.2%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Malaysia ($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 (+10.0%), while the prices for the other major destinations experienced mixed trend patterns.

Frozen Sweet Corn Imports

Imports into Thailand

In 2021, the amount of frozen sweet corn imported into Thailand dropped modestly to X tons, waning by -4% on the previous year's figure. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 45% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, frozen sweet corn imports amounted to $X in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -5.4% against 2018 indices. The most prominent rate of growth was recorded in 2013 with an increase of 147%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X tons) was the main frozen sweet corn supplier to Thailand, accounting for a 97% share of total imports. It was followed by Vietnam (X tons), with a 2.8% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +2.3%.

In value terms, China ($X) constituted the largest supplier of frozen sweet corn to Thailand, comprising 95% of total imports. The second position in the ranking was taken by Vietnam ($X), with a 4.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +6.2%.

Import Prices by Country

In 2021, the average frozen sweet corn import price amounted to $X per ton, picking up by 4.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2013 when the average import price increased by 71%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was Vietnam ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+3.8%).

Source: IndexBox Platform

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