Argentina: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Argentina

In 2021, the Argentinian market for starch other than wheat, corn or potato increased by X% to $X, rising for the fourth consecutive year after two years of decline. In general, the total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2017 indices. Over the period under review, the market reached the peak level in 2021 and is likely to see steady growth in years to come.

Production of Starch other than Wheat, Corn or Potato in Argentina

In value terms, production of starch other than wheat, corn or potato expanded sharply to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from Argentina

In 2021, shipments abroad of starch other than wheat, corn or potato increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, saw a pronounced reduction. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, exports of starch other than wheat, corn or potato surged to $X in 2021. Overall, exports, however, recorded a perceptible downturn. Over the period under review, the exports of reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X tons) was the main destination for exports of starch other than wheat, corn or potato from Argentina, with a X% share of total exports. It was followed by Germany (X tons), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Nigeria was relatively modest.

In value terms, Nigeria ($X) emerged as the key foreign market for starch other than wheat, corn or potato exports from Argentina, comprising X% of total exports. The second position in the ranking was held by Germany ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria was relatively modest.

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Nigeria totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+X%).

Imports of Starch other than Wheat, Corn or Potato

Imports into Argentina

In 2021, imports of starch other than wheat, corn or potato into Argentina declined modestly to X tons, dropping by -X% against the previous year. Overall, imports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by X%. Over the period under review, imports of reached the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, imports of starch other than wheat, corn or potato rose remarkably to $X in 2021. Over the period under review, imports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Paraguay (X tons) constituted the largest supplier of starch other than wheat, corn or potato to Argentina, with a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Paraguay exceeded the figures recorded by the second-largest supplier, Brazil (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Paraguay stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Germany (+X% per year).

In value terms, Paraguay ($X) constituted the largest supplier of starch other than wheat, corn or potato to Argentina, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Paraguay totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2021, surging by X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was Brazil ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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