Argentina - Dextrins and Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights
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View PricingArgentina: Modified Starches Market 2024
Modified Starches Market Size in Argentina
The Argentinian modified starches market shrank slightly to $X in 2022, stabilizing at the previous year. In general, consumption continues to indicate a perceptible reduction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.
Modified Starches Production in Argentina
In value terms, modified starches production fell to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2017 when the production volume increased by 17% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
Modified Starches Exports
Exports from Argentina
In 2022, the amount of dextrins and other modified starches exported from Argentina expanded significantly to X tons, with an increase of 10% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2018 when exports increased by 40% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
In value terms, modified starches exports soared to $X in 2022. In general, exports, however, saw a deep reduction. The pace of growth was the most pronounced in 2018 when exports increased by 33%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
Chile (X tons) was the main destination for modified starches exports from Argentina, accounting for a 91% share of total exports. Moreover, modified starches exports to Chile exceeded the volume sent to the second major destination, Paraguay (X tons), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Chile totaled -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+11.2% per year) and Uruguay (-25.1% per year).
In value terms, Chile ($X) remains the key foreign market for dextrins and other modified starches exports from Argentina, comprising 88% of total exports. The second position in the ranking was held by Paraguay ($X), with a 7.9% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Chile stood at -5.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+11.0% per year) and Uruguay (-19.7% per year).
Export Prices by Country
In 2022, the average modified starches export price amounted to $X per ton, increasing by 17% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per ton), while the average price for exports to Chile ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uruguay (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Modified Starches Imports
Imports into Argentina
In 2022, overseas purchases of dextrins and other modified starches increased by 13% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +2.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, modified starches imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2022, Brazil (X tons) constituted the largest modified starches supplier to Argentina, with a 73% share of total imports. Moreover, modified starches imports from Brazil exceeded the figures recorded by the second-largest supplier, the United States (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total imports with a 7.1% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Brazil stood at +1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+0.1% per year) and the Netherlands (+20.8% per year).
In value terms, Brazil ($X) constituted the largest supplier of dextrins and other modified starches to Argentina, comprising 59% of total imports. The second position in the ranking was taken by the United States ($X), with a 20% share of total imports. It was followed by the Netherlands, with a 12% share.
From 2012 to 2022, the average annual growth rate of value from Brazil amounted to +1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.8% per year) and the Netherlands (+19.1% per year).
Import Prices by Country
In 2022, the average modified starches import price amounted to $X per ton, surging by 28% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, modified starches import price increased by +49.5% against 2020 indices. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the modified starches market in Argentina. 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 10621170 - Dextrins and other modified starches (including esterified or etherified, soluble starch, pregelatinised or swelling starch, d ialdehyde starch, starch treated with formaldehyde or epichlorohydrin)
Country coverage:
- Argentina
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Argentina
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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