The export of frozen sweet corn from India to the US has shown substantial growth from 2013 to 2023, with a notable peak in 2020 and a steady increase thereafter. As of 2023, exports stood at 945 metric tons. Over the last two years, exports grew by 23.64% in 2022 and by 18.87% in 2023. The last 5-year CAGR (Compound Annual Growth Rate) was 32.55%, indicating a strong growth trajectory.
Looking forward, the forecasted data project consistent growth, culminating in an estimated export of 1680 metric tons by 2028, with a forecasted 5-year CAGR of 8.89% and a total forecasted growth rate of 53.11%.
- Substantial growth from 2013-2023, peaking in 2020
- Steady increase in exports in recent years
- 23.64% growth in 2022 and 18.87% in 2023
- 5-year CAGR of 32.55% from 2018-2023
- Projected exports of 1680 metric tons by 2028
- Forecasted 5-year CAGR of 8.89%
Future trends to watch for include potential impacts from changing US trade policies, advancements in cold chain logistics, and shifts in consumer demand for frozen sweet corn. Monitoring these factors will be crucial for maintaining and accelerating export growth.