Europe: Frozen Sweet Corn Market 2024

Frozen Sweet Corn Market Size in Europe

The Europe frozen sweet corn market was estimated at $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the market value increased by X% against the previous year. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Frozen Sweet Corn Production in Europe

In value terms, frozen sweet corn production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

The countries with the highest volumes of production in 2022 were Hungary (X tons), Spain (X tons) and France (X tons), together comprising X% of total production. Poland, Serbia, Moldova, Slovakia and the Netherlands lagged somewhat behind, together comprising a further X%.

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

Frozen Sweet Corn Exports

Exports in Europe

In 2022, overseas shipments of frozen sweet corn increased by X% to X tons, rising for the second year in a row after three years of decline. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The volume of export peaked in 2022 and is likely to continue growth in years to come.

In value terms, frozen sweet corn exports totaled $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

The shipments of the five major exporters of frozen sweet corn, namely Hungary, Spain, France, Poland and Belgium, represented more than two-thirds of total export. It was distantly followed by Serbia (X tons), mixing up a X% share of total exports. The Netherlands (X tons) held a little share of total exports.

From 2012 to 2022, the biggest increases were recorded for Serbia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Spain ($X) and Belgium ($X) constituted the countries with the highest levels of exports in 2022, together accounting for X% of total exports. France, Poland, Serbia and the Netherlands lagged somewhat behind, together accounting for a further X%.

Serbia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Europe amounted to $X per ton, surging by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Serbia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other leaders experienced more modest paces of growth.

Frozen Sweet Corn Imports

Imports in Europe

After four years of decline, purchases abroad of frozen sweet corn increased by X% to X tons in 2022. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, frozen sweet corn imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons) and Belgium (X tons) were the main importers of frozen sweet corn in 2022, accounting for approx. X% and X% of total imports, respectively. Germany (X tons) ranks next in terms of the total imports with a X% share, followed by Spain (X%) and Belarus (X%). The following importers - Russia (X tons), Hungary (X tons), France (X tons), Italy (X tons), the Czech Republic (X tons), Bulgaria (X tons) and Poland (X tons) - together made up X% of total imports.

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

In value terms, the largest frozen sweet corn importing markets in Europe were the UK ($X), Belgium ($X) and Germany ($X), together accounting for X% of total imports. Italy, Hungary, France, Spain, Russia, the Czech Republic, Belarus, Bulgaria and Poland lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Belarus, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Europe amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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