Frozen sweetcorn market in South America

Earlier Report Observations

The South American frozen sweetcorn market expanded strongly from 2018 to 2022, with volume rising from 13.8 thousand tons to 34.6 thousand tons. This growth was propelled by a substantial increase in imports, which more than doubled over the period, with a particularly sharp jump of 55% in market size during 2021.

Market volume contracted by 14% to 29.7 thousand tons in 2023. The decline was driven by external pressures: the Russia-Ukraine war elevated global energy and food production costs, while the El Niño climate phenomenon disrupted agricultural output in the region. These factors increased prices and constrained supply, tempering the underlying consumer shift toward convenient and healthy frozen vegetables.

Production frozen sweetcorn in South America

In kind, 2017-2020, t

Top producers of frozen sweetcorn, 2017-2020

World map of production of frozen sweetcorn, 2017-2020

In South America, frozen sweetcorn production reached 4 472 tonnes in 2020, marking a 2.2% decrease from the previous year. The lowest production level was recorded in 2018 at 4 191 tonnes, while the peak occurred in 2019 with 4 575 tonnes. Production saw its sharpest decline in 2018, falling by 6.1%, and its strongest growth in 2019, rising by 9.2%.

Annual dynamics of production in South America in kind, 2017-2020, t

In value, 2017-2020, K $ US

Following two years of growth, frozen sweetcorn production in South America experienced a decline. In 2020, the output was valued at 9 391 thousand US dollars, representing a 3.0% drop compared to 2019. Over the 2017-2020 period, production increased by 10.7%, with a compound annual growth rate of 3.5%. The highest value was recorded in 2019 at 9 682 thousand US dollars, while the largest increase occurred in 2018 with a 7.8% rise.

Annual dynamics of production in South America in value, 2017-2020, K $ US

Exports frozen sweetcorn from South America

Exports in kind, t

Frozen sweetcorn exports from South America grew for the second consecutive year. In 2020, exports amounted to 4 580 tonnes, reflecting a robust 24.4% increase compared to the previous year. Between 2017 and 2020, exports rose by 16.3%, equivalent to an annualized growth rate of 5.2%. The lowest export volume was recorded in 2018 at 3 531 tonnes, which also saw the largest decline of 10.4%.

Annual dynamics of product's exports from South America in kind, 2017-2020, t

From 2017 to 2020, the United States, Spain, and Japan were the core markets for frozen sweetcorn exports from South America in volume terms. The United States accounted for 49.8% of exports, Spain for 24.1%, and Japan for 1.5%, together representing 75.5% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from South America in kind, 2017-2020

Exports in value, K $ US

South America's frozen sweetcorn exports increased in value for the third consecutive year. In 2020, export value totaled 9 616 thousand US dollars, showing a substantial 23.4% uptick compared to 2019. Between 2017 and 2020, exports grew by 28.5%, equating to an annualized rate of 8.7%.

Annual dynamics of product's exports from South America in value, 2017-2020, K $ US

During the 2017-2020 period, the United States and Spain were the leading destinations for frozen sweetcorn exports from South America in value terms. Together, they accounted for 83.1% of total export flows, with the remaining share distributed among other countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from South America in value, 2017-2020

Imports frozen sweetcorn to South America

Imports in kind, t

Frozen sweetcorn imports into South America increased for the second year in a row. In 2020, imports reached 20 566 tonnes, indicating a 24.5% rise compared to 2019. Between 2017 and 2020, imports grew by 40.5%, equivalent to an annualized rate of 12.0%. The lowest import volume was recorded in 2018 at 13 122 tonnes, which also experienced the largest decline of 10.4%. The strongest growth occurred in 2019 with a 25.9% increase.

Annual dynamics of product's imports to South America in kind, 2017-2020, t

From 2017 to 2020, the United States, Belgium, and Spain were the primary sources of frozen sweetcorn imports into South America in volume terms. The United States contributed 47.9% of imports, Belgium 22.4%, and Spain 7.7%, together accounting for 78.0% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to South America in kind, 2017-2020

Imports in value, K $ US

Frozen sweetcorn imports into South America grew in value for the second consecutive year. In 2020, imports totaled 24 933 thousand US dollars, reflecting a strong 21.5% advance relative to the prior year. Over the 2017-2020 period, imports increased by 39.4%, with a compound annual growth rate of 11.7%. The lowest import value was recorded in 2018 at 17 814 thousand US dollars, which saw a slight decline of 0.4%.

Annual dynamics of product's imports to South America in value, 2017-2020, K $ US

Throughout 2017-2020, the United States, Belgium, and Spain remained the key partners for frozen sweetcorn imports into South America in value terms. The United States accounted for 48.3% of imports, Belgium for 21.7%, and Spain for 7.7%, together representing 77.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to South America in value, 2017-2020