Sri Lanka - Sweet Corn Frozen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFrozen Sweet Corn Price in Sri Lanka - 2021
Contents:
- Frozen Sweet Corn Price in Sri Lanka (CIF) - 2022
- Frozen Sweet Corn Price in Sri Lanka (FOB) - 2022
- Frozen Sweet Corn Imports in Sri Lanka
- Frozen Sweet Corn Exports in Sri Lanka
Frozen Sweet Corn Price in Sri Lanka (CIF) - 2022
In 2022, the average frozen sweet corn import price amounted to $1,408 per ton, dropping by -17.3% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen sweet corn import price increased by +2.2% against 2020 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 49% against the previous year. Over the period under review, average import prices reached the peak figure at $1,702 per ton in 2021, and then contracted markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($4,114 per ton), while the price for Belgium ($799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Sweet Corn Price in Sri Lanka (FOB) - 2022
In 2022, the average frozen sweet corn export price amounted to $3,543 per ton, remaining stable against the previous year. Overall, the export price saw a prominent expansion. The growth pace was the most rapid in 2020 an increase of 407%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Maldives ($4,102 per ton), while the average price for exports to the United Arab Emirates stood at $1,145 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+14.3%).
Frozen Sweet Corn Imports in Sri Lanka
In 2022, approx. 66 tons of frozen sweet corn were imported into Sri Lanka; jumping by 324% compared with the previous year's figure. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, frozen sweet corn imports surged to $93K in 2022. In general, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Sweet Corn in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.1 | 2.5 | 8.6 | 27.6 | 551.1% |
| China | 1.0 | 3.1 | 5.6 | 26.9 | 199.6% |
| Belgium | 3.0 | 0.9 | 0.4 | 24.9 | 102.5% |
| United Arab Emirates | N/A | 0.1 | 0.9 | 13.8 | 1074.7% |
| Thailand | 1.2 | 1.3 | 4.9 | N/A | 102.1% |
| Others | 0.4 | 3.2 | 6.1 | N/A | 290.5% |
| Total | 5.7 | 11.1 | 26.6 | 93.2 | 153.8% |
Top Suppliers of Frozen Sweet Corn to Sri Lanka in 2022:
- Belgium (31.2 tons)
- China (18.9 tons)
- United Arab Emirates (9.4 tons)
- India (6.7 tons)
Frozen Sweet Corn Exports in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in shipments abroad of frozen sweet corn, which decreased by 0% to 328 kg in 2022. Over the period under review, exports saw a dramatic decline. The smallest decline of -67.7% was in 2020.
In value terms, frozen sweet corn exports stood at $1.2K in 2022. In general, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of 64%. As a result, the exports reached the peak of $2.3K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Frozen Sweet Corn in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | 449 | 355 | N/A | 1,091 | 34.4% |
| United Arab Emirates | 396 | 442 | N/A | 71.0 | -43.6% |
| Oman | N/A | 739 | N/A | N/A | 0% |
| Qatar | 574 | N/A | N/A | N/A | 0% |
| Saudi Arabia | N/A | 633 | N/A | N/A | 0% |
| Others | N/A | 155 | N/A | N/A | 0% |
| Total | 1,419 | 2,324 | N/A | 1,162 | -6.4% |
Top Export Markets for Frozen Sweet Corn from Sri Lanka in 2022:
- Maldives (266.0 kg)
- United Arab Emirates (62.0 kg)
This report provides an in-depth analysis of the frozen sweet corn market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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