CIS: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in CIS

The CIS preserved sweet corn market expanded notably to $X in 2022, picking up by X% against the previous year. The total consumption indicated a prominent expansion 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, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Preserved Sweet Corn Production in CIS

In value terms, preserved sweet corn production rose to $X in 2022 estimated in export price. The total production indicated a buoyant increase 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Russia (X tons) constituted the country with the largest volume of preserved sweet corn production, comprising approx. X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Russia stood at X%.

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Preserved Sweet Corn Exports

Exports in CIS

In 2022, after six years of growth, there was significant decline in overseas shipments of sweet corn prepared or preserved, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons, and then fell in the following year.

In value terms, preserved sweet corn exports shrank modestly to $X in 2022. In general, exports, however, recorded strong growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then contracted slightly in the following year.

Exports by Country

In 2022, Russia (X tons) was the key exporter of sweet corn prepared or preserved, making up X% of total exports. Moldova (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Uzbekistan (X%). Belarus (X tons), Kazakhstan (X tons) and Kyrgyzstan (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to preserved sweet corn exports from Russia stood at X%. At the same time, Uzbekistan (X%), Kyrgyzstan (X%), Belarus (X%), Kazakhstan (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Uzbekistan (X p.p.), Belarus (X p.p.) and Kyrgyzstan (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Moldova (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest preserved sweet corn supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports. It was followed by Moldova, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Uzbekistan (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, with an increase of X% against the previous year. In general, the export price, however, showed a noticeable slump. The pace of growth appeared the most rapid in 2019 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kyrgyzstan (X%), while the other leaders experienced mixed trends in the export price figures.

Preserved Sweet Corn Imports

Imports in CIS

In 2022, imports of sweet corn prepared or preserved in the CIS surged to X tons, picking up by X% on the previous year's figure. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, preserved sweet corn imports soared to $X in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the largest importer of sweet corn prepared or preserved, mixing up X% of total imports. Kazakhstan (X tons) held the second position in the ranking, followed by Belarus (X tons) and Uzbekistan (X tons). All these countries together held near X% share of total imports. The following importers - Azerbaijan (X tons), Armenia (X tons) and Tajikistan (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to preserved sweet corn imports into Russia stood at X%. At the same time, Uzbekistan (X%), Azerbaijan (X%), Tajikistan (X%), Armenia (X%), Belarus (X%) and Kazakhstan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Uzbekistan, Kazakhstan, Belarus, Azerbaijan and Armenia increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest preserved sweet corn importing markets in the CIS were Russia ($X), Kazakhstan ($X) and Belarus ($X), with a combined X% share of total imports. Uzbekistan, Azerbaijan, Armenia and Tajikistan lagged somewhat behind, together comprising a further X%.

Uzbekistan, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Azerbaijan ($X per ton), while Russia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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