Prepared sweetcorn market in Oceania

Earlier Report Observations

The market for prepared sweetcorn in Oceania experienced considerable fluctuations in volume between 2018 and 2023. Starting from a high of 23 thousand tons in 2018, consumption contracted sharply to 17 thousand tons the following year and remained near that level through 2020. A further decline to 13.5 thousand tons occurred in 2021, after which the market began a steady recovery, reaching 14.3 thousand tons in 2022 and 18.6 thousand tons in 2023.

In value terms, the market's trajectory showed similar turning points but with a stronger final rebound. The market value fell to $19.9 million in 2019, then increased to $21.7 million in 2020 even as volume stabilized. After a slight dip in 2021, value growth resumed, culminating at $27.9 million in 2023, which exceeded the 2018 value of $30 million. This recovery was supported by rising import volumes, which reached 16.5 thousand tons in 2023, while domestic production continued to decline throughout the period.

Production prepared sweetcorn in Oceania

In kind, 2017-2020, t

Top producers of prepared sweetcorn, 2017-2020

World map of production of prepared sweetcorn, 2017-2020

The market exhibited significant volatility during this period. Production reached its lowest point in 2020 at 3 778 tonnes of prepared sweetcorn in Oceania, marking a 19.3% decrease from the previous year. The highest production volume was recorded in 2018 at 10 782 tonnes, representing a 159.3% increase. The largest decline occurred in 2019 with a 56.6% drop. Overall, production in 2020 was 2.9 times lower than the peak in 2018.

Annual dynamics of production in Oceania in kind, 2017-2020, t

In value, 2017-2020, K $ US

Market performance showed considerable fluctuations throughout these years. Production value hit its lowest point in 2017 and peaked in 2018 at 16 879 thousand US dollars for prepared sweetcorn in Oceania, representing a threefold difference. In 2020, output was valued at 6 537 thousand US dollars, a 4.6% decrease from the previous year. The largest decline was recorded in 2019 at 59.4%, while the maximum increase occurred in 2018 at 200.1%.

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

Exports prepared sweetcorn from Oceania

Exports in kind, t

In 2020, foreign supplies of prepared sweetcorn from Oceania totaled 1 660 tonnes, showing a 37.2% decrease from the previous year. The maximum export volume was recorded in 2019 at 2 644 tonnes, which represented a 46.9% increase. Over the period from 2017 to 2020, exports decreased by 33.1%, with a compound annual growth rate of 12.6%.

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

From 2017 to 2020, Japan, China, and Singapore were consistently the main destinations for exports in kind of prepared sweetcorn from Oceania. Japan accounted for 9.3% of exports, while China and Singapore each represented 1.0%. Together, these three markets formed 11.3% of total export flows.

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

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

Exports in value, K $ US

In 2020, prepared sweetcorn exports from Oceania totaled 2 873 thousand US dollars, showing a sharp 25.8% reduction compared to the previous year. The minimum value was recorded in 2018 at 2 818 thousand US dollars, while the maximum occurred in 2019 at 3 870 thousand US dollars, representing a 37.4% increase. Between 2017 and 2020, exports decreased by 14.5%, equating to an annualized rate of 5.1%.

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

During 2017–2020, Japan, Singapore, and China continued to be the primary buyers of prepared sweetcorn from Oceania in value terms. Japan accounted for 18.6% of exports, Singapore for 1.6%, and China for 1.1%. Collectively, these three markets represented 21.3% of total export value.

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

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

Imports prepared sweetcorn to Oceania

Imports in kind, t

After increasing for two consecutive years, imported volumes of prepared sweetcorn to Oceania declined. In 2020, imports were recorded at 14 908 tonnes, showing a slight 0.6% decrease from 2019. The maximum import volume was reached in 2019 at 14 995 tonnes, which represented a 6.8% increase. Over the period from 2017 to 2020, imports grew by 8.5%, with a compound annual growth rate of 2.7%.

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

From 2017 to 2020, Thailand remained the dominant partner for imports in kind of prepared sweetcorn to Oceania, accounting for 76.2% of total flows. The remaining share was distributed among various smaller markets.

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

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

Imports in value, K $ US

Oceania's volume of prepared sweetcorn imports increased for the third consecutive year. In 2020, imports amounted to 18 013 thousand US dollars, corresponding to a 6.7% rise over the previous year. Over the period from 2017 to 2020, imports increased by 15.2%, with a compound annual growth rate of 4.8%.

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

Over 2017–2020, Thailand was the dominant destination for imports in value terms of prepared sweetcorn to Oceania, accounting for 70.3% of total flows. The remaining share was distributed among a number of smaller markets.

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

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