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

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

The Asian market for starch other than wheat, corn or potato skyrocketed to $X in 2021, increasing by X% against the previous year. Overall, consumption posted buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

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

In value terms, production of starch other than wheat, corn or potato stood at $X in 2021 estimated in export price. The total production indicated a strong 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, production decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production of attained the peak level at $X in 2019; afterwards, it flattened through to 2021.

Production By Country in Asia

Thailand (X tons) constituted the country with the largest volume of production of starch other than wheat, corn or potato, comprising approx. X% of total volume. Moreover, production of starch other than wheat, corn or potato in Thailand exceeded the figures recorded by the second-largest producer, Vietnam (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume in Thailand totaled +X%.

Exports of Starch other than Wheat, Corn or Potato

Exports in Asia

In 2021, after two years of growth, there was significant decline in overseas shipments of starch other than wheat, corn or potato, when their volume decreased by -X% to X tons. The total export volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at X tons in 2020, and then fell in the following year.

In value terms, exports of starch other than wheat, corn or potato declined slightly to $X in 2021. Total exports indicated a pronounced increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Thailand was the major exporter of starch other than wheat, corn or potato in Asia, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2021. It was distantly followed by Vietnam (X tons), comprising a X% share of total exports. Indonesia (X tons) took a minor share of total exports.

Exports from Thailand increased at an average annual rate of +X% from 2012 to 2021. At the same time, Indonesia (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in Asia, with a CAGR of +X% from 2012-2021. Vietnam experienced a relatively flat trend pattern. percentage points. Vietnam (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest starch other than wheat, corn or potato supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Thailand stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Indonesia (+X% per year).

Export Prices by Country

In 2021, the rn or potato in Asia amounted to $X per ton, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the the export prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Vietnam ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+X%), while the other leaders experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports in Asia

For the third year in a row, Asia recorded growth in supplies from abroad of starch other than wheat, corn or potato, which increased by X% to X tons in 2021. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of X%. The volume of import peaked in 2021 and is likely to see steady growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. Total imports indicated strong growth 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in potato structure, resulting at X tons, which was near X% of total imports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), committing a X% share of total imports. Japan (X tons), Malaysia (X tons), the Philippines (X tons) and Singapore (X tons) held a relatively small share of total imports.

China was also the fastest-growing in terms of the starch other than wheat, corn or potato imports, with a CAGR of +X% from 2012 to 2021. At the same time, the Philippines (+X%) and Singapore (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the total imports, while Japan, Malaysia and Taiwan (Chinese) saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported starch other than wheat, corn or potato in Asia, comprising X% of total imports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In China, imports of starch other than wheat, corn or potato expanded at an average annual rate of +X% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Japan (-X% per year).

Import Prices by Country

The rn or potato in Asia stood at $X per ton in 2021, increasing by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Japan ($X per ton) and Taiwan (Chinese) ($X per ton), while the Philippines ($X per ton) and Malaysia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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