India's Frozen Sweet Corn Market Report 2023 - Prices, Size, Forecast, and Companies (2023)

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India's Frozen Sweet Corn Market Report 2023 - Prices, Size, Forecast, and Companies (1)

Latest Report Update: Mar 1, 2023

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

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Frozen Sweet Corn Market Size in India

The Indian frozen sweet corn market dropped sharply to $X in 2021, falling by -86.8% against the previous year. In general, consumption recorded a significant decline. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a somewhat lower figure.

Frozen Sweet Corn Production in India

In value terms, frozen sweet corn production amounted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.9% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2014 when the production volume increased by 45% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Frozen Sweet Corn Exports

Exports from India

For the third consecutive year, India recorded growth in overseas shipments of frozen sweet corn, which increased by 30% to X tons in 2021. Over the period under review, exports posted a resilient increase. The pace of growth appeared the most rapid in 2013 with an increase of 31%. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, frozen sweet corn exports rose notably to $X in 2021. Overall, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of 51% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

Russia (X tons) was the main destination for frozen sweet corn exports from India, with a 44% share of total exports. Moreover, frozen sweet corn exports to Russia exceeded the volume sent to the second major destination, Saudi Arabia (X tons), threefold. The United Arab Emirates (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia amounted to +69.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+1.6% per year) and the United Arab Emirates (+20.8% per year).

In value terms, Russia ($X) remains the key foreign market for frozen sweet corn exports from India, comprising 39% of total exports. The second position in the ranking was taken by Saudi Arabia ($X), with a 13% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

From 2012 to 2021, the average annual growth rate of value to Russia totaled +64.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+5.4% per year) and the United Arab Emirates (+19.0% per year).

Export Prices by Country

The average frozen sweet corn export price stood at $X per ton in 2021, waning by -11.6% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the UK ($X per ton), while the average price for exports to Vietnam ($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 UK (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Frozen Sweet Corn Imports

Imports into India

In 2021, approx. X tons of frozen sweet corn were imported into India; dropping by -78.7% against the previous year. Over the period under review, imports continue to indicate a sharp descent. The pace of growth appeared the most rapid in 2014 with an increase of 202% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, frozen sweet corn imports dropped dramatically to $X in 2021. Overall, imports showed a dramatic descent. The most prominent rate of growth was recorded in 2019 when imports increased by 418%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest frozen sweet corn supplier to India, with a 89% share of total imports. Moreover, frozen sweet corn imports from China exceeded the figures recorded by the second-largest supplier, Bhutan (X kg), more than tenfold. Thailand (X kg) ranked third in terms of total imports with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -24.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Bhutan (-19.6% per year) and Thailand (-51.2% per year).

In value terms, the largest frozen sweet corn suppliers to India were China ($X), Thailand ($X) and Bhutan ($X), together accounting for 87% of total imports.

Bhutan, with a CAGR of -3.2%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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, shrinking by -12.4% against the previous year. Over the period under review, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2019 an increase of 125% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base YearHistorical PeriodForecast PeriodUnits
20222012-20222023-2030US$, Tons

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, accounting for 47% 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% share.

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

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The United States constituted the country with the largest volume of frozen sweet corn production, comprising approx. 48% of total volume. Moreover, frozen sweet corn production in the United States exceeded the figures recorded by the second-largest producer, Hungary, sixfold. The third position in this ranking was taken by New Zealand, with a 5.5% share.

What are the leading suppliers of frozen sweet corn to India?

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In value terms, the largest frozen sweet corn suppliers to India were China, Thailand and Bhutan, with a combined 87% share of total imports.

What are the leading importers of frozen sweet corn from India?

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In value terms, Russia remains the key foreign market for frozen sweet corn exports from India, comprising 39% of total exports. The second position in the ranking was taken by Saudi Arabia, with a 13% share of total exports. It was followed by the United Arab Emirates, with an 11% share.

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

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The average frozen sweet corn export price stood at $634 per ton in 2021, dropping by -11.6% against the previous year.

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

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In 2021, the average frozen sweet corn import price amounted to $2,065 per ton, which is down by -12.4% against the previous year.

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

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Country coverage:

• India


Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in India

• Export and import prices

• Market trends, drivers and restraints


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:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. 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

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1

KEY FINDINGS

2.2

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

3.1

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MARKET SIZE

3.2

MARKET STRUCTURE

3.3

TRADE BALANCE

3.4

PER CAPITA CONSUMPTION

3.5

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

4.1

TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS

4.2

BEST-SELLING PRODUCTS

4.3

MOST CONSUMED PRODUCT

4.4

MOST TRADED PRODUCT

4.5

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

5.1

TOP COUNTRIES TO SOURCE YOUR PRODUCT

5.2

TOP PRODUCING COUNTRIES

5.3

COUNTRIES WITH TOP YIELDS

5.4

TOP EXPORTING COUNTRIES

5.5

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

6.1

TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT

6.2

TOP CONSUMING MARKETS

6.3

UNSATURATED MARKETS

6.4

TOP IMPORTING MARKETS

6.5

MOST PROFITABLE MARKETS

7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1

PRODUCTION, HARVESTED AREA AND YIELD

8. IMPORTS

The Largest Import Supplying Countries

8.1

IMPORTS FROM 2012–2022

8.2

IMPORTS BY COUNTRY

8.3

IMPORT PRICES BY COUNTRY

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9. EXPORTS

The Largest Destinations for Exports

9.1

EXPORTS FROM 2012–2022

9.2

EXPORTS BY COUNTRY

9.3

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

Table 1:

Key Findings In 2022

Table 2:

Market Volume, In Physical Terms, 2012–2022

Table 3:

Market Value, 2012–2022

Table 4:

Per Capita Consumption In 2007-2022

Table 5:

Imports, In Physical Terms, By Country, 2012–2022

Table 6:

Imports, In Value Terms, By Country, 2012–2022

Table 7:

Import Prices, By Country Of Origin, 2012–2022

Table 8:

Exports, In Physical Terms, By Country, 2012–2022

Table 9:

Exports, In Value Terms, By Country, 2012–2022

Table 10:

Export Prices, By Country Of Destination, 2012–2022

LIST OF FIGURES

Figure 1:

Market Volume, In Physical Terms, 2012–2022

Figure 2:

Market Value, 2012–2022

Figure 3:

Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022

Figure 4:

Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022

Figure 5:

Trade Balance, In Physical Terms, 2007-2022

Figure 6:

Trade Balance, In Value Terms, 2007-2022

Figure 7:

Per Capita Consumption, 2007-2022

Figure 8:

Market Forecast To 2030

Figure 9:

Products: Market Size And Growth, By Type

Figure 10:

Products: Average Per Capita Consumption, By Type

Figure 11:

Products: Exports And Growth, By Type

Figure 12:

Products: Export Prices And Growth, By Type

Figure 13:

(Video) 'Bloomberg Surveillance Simulcast' (03/01/2023)

Production Volume And Growth

Figure 14:

Yield And Growth

Figure 15:

Exports And Growth

Figure 16:

Export Prices And Growth

Figure 17:

Market Size And Growth

Figure 18:

Per Capita Consumption

Figure 19:

Imports And Growth

Figure 20:

Import Prices

Figure 21:

Production, In Physical Terms, 2012–2022

Figure 22:

Production, In Value Terms, 2012–2022

Figure 23:

Area Harvested, 2012–2022

Figure 24:

Yield, 2012–2022

Figure 25:

Imports, In Physical Terms, 2012–2022

Figure 26:

Imports, In Value Terms, 2012–2022

Figure 27:

Imports, In Physical Terms, By Country, 2022

Figure 28:

Imports, In Physical Terms, By Country, 2012–2022

Figure 29:

Imports, In Value Terms, By Country, 2012–2022

Figure 30:

Import Prices, By Country Of Origin, 2012–2022

Figure 31:

Exports, In Physical Terms, 2012–2022

Figure 32:

Exports, In Value Terms, 2012–2022

Figure 33:

Exports, In Physical Terms, By Country, 2022

Figure 34:

Exports, In Physical Terms, By Country, 2012–2022

Figure 35:

Exports, In Value Terms, By Country, 2012–2022

Figure 36:

Export Prices, By Country Of Destination, 2012–2022

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