In 2023, the value of frozen sweet corn exported by the US to Australia stood at approx. 0.481 Million US Dollars. The data indicates substantial variability over the past decade. From 2013 to 2023, there were significant year-on-year fluctuations, with peaks and troughs, including a considerable drop from 2013 to 2016 and signs of stabilization with moderate year-on-year changes in the last three years.
Recent trends (2021-2023) highlight some recovery, yet the 5-year CAGR up to 2023 is negative at -5.82%. The outlook from 2024 onwards predicts a further decline, with exports projected to decrease steadily, achieving an average annual decline rate (CAGR) of -12.11% by 2028.
Future trends to watch for include market competitiveness, changes in Australia's demand for frozen sweet corn, and potential trade policy shifts between the US and Australia which may influence export volumes and values significantly.
