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Australia - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

Australia - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights

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Jan 10, 2023

Australia's Wheat Starch Price Peaks at $597 per Ton After Four Consecutive Months of Increase

Australia Wheat Starch Export Price in September 2022

In September 2022, the wheat starch price stood at $597 per ton (FOB, Australia), standing approximately at the previous month. Over the last eight months, it increased at an average monthly rate of +3.3%. The most prominent rate of growth was recorded in February 2022 when the average export price increased by 18% against the previous month. Over the period under review, the average export prices hit record highs in September 2022.

Average prices varied somewhat for the major external markets. In September 2022, the countries with the highest prices were South Africa ($719 per ton) and Singapore ($716 per ton), while the average price for exports to the United States ($502 per ton) and Indonesia ($528 per ton) were amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Australia Wheat Starch Exports

In September 2022, approximately 7.4K tons of wheat starch were exported from Australia; remaining constant against August 2022 figures. Overall, exports, however, continue to indicate a mild downturn. The pace of growth appeared the most rapid in August 2022 with an increase of 46% month-to-month. Over the period under review, the exports reached the peak figure at 8K tons in January 2022; however, from February 2022 to September 2022, the exports stood at a somewhat lower figure.

In value terms, wheat starch exports reached $4.4M (IndexBox estimates) in September 2022. In general, total exports indicated a pronounced expansion from January 2022 to September 2022: its value increased at an average monthly rate of +2.3% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +49.8% against July 2022 indices. The pace of growth was the most pronounced in August 2022 with an increase of 49% month-to-month. The exports peaked in September 2022.

Australia Wheat Starch Exports by Country

the United States (1.9K tons), Taiwan (Chinese) (1K tons) and Indonesia (954 tons) were the main destinations of wheat starch exports from Australia, together accounting for 52% of total exports.

From January 2022 to September 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +77.3%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($940K), Taiwan (Chinese) ($676K) and Thailand ($591K) appeared to be the largest markets for wheat starch exported from Australia worldwide, together comprising 50% of total exports.

Taiwan (Chinese), with a CAGR of +82.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Australia Wheat Starch Market Overview

In Australia, wheat starch is used in a variety of industries, including food processing, papermaking, and textiles.Wheat starch is used as a thickener, binder, or emulsifier in food products such as sauces, gravies, puddings, and pie fillings. It can also be used to improve the texture of baked goods. In papermaking, wheat starch is used as a binder to hold together the fibers in paper. It can also be used as a sizing agent to make paper more resistant to water and grease. In the textile industry, wheat starch is used as a sizing agent for fabrics such as cotton and linen. It can also be used to stiffen fabrics such as felt and straw hats.

The main wheat-growing regions in Australia are the Murray-Darling Basin and the Great Southern region. Wheat starch is produced by milling wheat flour and separating the starch from the gluten and other proteins. The starch is then washed and dried to produce a white powder.

There are two types of wheat starch that are produced in Australia, pregelatinised and native. Pregelatinised starch is produced by cooking the wheat starch with water and then drying it. This process makes the starch more soluble and easier to use in food applications. Native wheat starch is produced by physically separating the starch from the bran and germ of the wheat grain.

There are many different brands of wheat starch available on the market, and the quality can vary significantly. The type of wheat used, the manufacturing process, and the addition of other ingredients can all affect the quality of the final product.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wheat starch market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 10621111 - Wheat starch

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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