India: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in India

The Indian preserved sweet corn market dropped remarkably to $X in 2022, waning by X% against the previous year. In general, consumption recorded a deep slump. Preserved sweet corn consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Preserved Sweet Corn Production in India

In value terms, preserved sweet corn production stood at less than $X in 2022 estimated in export price. Over the period under review, production saw a dramatic downturn. The pace of growth appeared the most rapid in 2017 when the production volume decreased by X% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

The average yield of sweet corn prepared or preserved in India was estimated at less than X kg per ha in 2022, approximately equating 2021 figures. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The preserved sweet corn harvested area in India totaled less than X ha in 2022, flattening at the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

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Preserved Sweet Corn Exports

Exports from India

In 2022, shipments abroad of sweet corn prepared or preserved decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X tons in 2021, and then dropped in the following year.

In value terms, preserved sweet corn exports totaled $X in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), Germany (X tons) and Latvia (X tons) were the main destinations of preserved sweet corn exports from India, with a combined X% share of total exports. Russia, the United Arab Emirates, Turkey, Sweden and Algeria lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Germany ($X) and Latvia ($X) appeared to be the largest markets for preserved sweet corn exported from India worldwide, together comprising X% of total exports. Turkey, Russia, the United Arab Emirates, Sweden and Algeria lagged somewhat behind, together accounting for a further X%.

Turkey, with a CAGR of X.4%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average preserved sweet corn export price stood at $X per ton in 2022, growing by X% against the previous year. In general, the export price, however, saw a deep setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to Algeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (X%), while the prices for the other major destinations experienced a decline.

Preserved Sweet Corn Imports

Imports into India

In 2022, supplies from abroad of sweet corn prepared or preserved was finally on the rise to reach X tons after two years of decline. Over the period under review, imports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, preserved sweet corn imports skyrocketed to $X in 2022. Overall, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Thailand (X tons) was the main preserved sweet corn supplier to India, accounting for a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Thailand totaled X%.

In value terms, Thailand ($X) constituted the largest supplier of sweet corn prepared or preserved to India.

From 2012 to 2022, the average annual rate of growth in terms of value from Thailand stood at X%.

Import Prices by Country

The average preserved sweet corn import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price, however, saw a deep reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Thailand.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to X% per year.

Source: IndexBox Platform

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