Report Update Nov 1, 2024

Belarus - Dextrins and Other Modified Starches - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Modified Starches Market 2024

Modified Starches Market Size in Belarus

The Belarusian modified starches market expanded modestly to $X in 2022, growing by 2.7% against the previous year. In general, consumption, however, continues to indicate a perceptible descent. Modified starches consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Modified Starches Production in Belarus

In value terms, modified starches production rose modestly to $X in 2022 estimated in export price. Overall, production, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 51%. Modified starches production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Modified Starches Exports

Exports from Belarus

In 2022, approx. X tons of dextrins and other modified starches were exported from Belarus; with an increase of 171% on the previous year's figure. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2016 when exports increased by 344% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, modified starches exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia (X tons) was the main destination for modified starches exports from Belarus, with a 71% share of total exports. Moreover, modified starches exports to Russia exceeded the volume sent to the second major destination, Ukraine (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Russia totaled +45.8%.

In value terms, Russia ($X) remains the key foreign market for dextrins and other modified starches exports from Belarus, comprising 86% of total exports. The second position in the ranking was held by Ukraine ($X), with a 14% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia totaled +40.7%.

Export Prices by Country

The average modified starches export price stood at $X per ton in 2022, remaining constant against the previous year. In general, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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 Russia ($X per ton), while the average price for exports to Ukraine amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-3.5%).

Modified Starches Imports

Imports into Belarus

In 2022, purchases abroad of dextrins and other modified starches increased by 34% to X tons, rising for the third year in a row after two years of decline. Over the period under review, imports showed a pronounced expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, modified starches imports skyrocketed to $X in 2022. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 30% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

Russia (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of modified starches imports to Belarus, together comprising 69% of total imports. France, Austria, Italy and the United States lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Austria (with a CAGR of +24.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modified starches suppliers to Belarus were Germany ($X), Russia ($X) and the Netherlands ($X), with a combined 70% share of total imports. France, the United States, Austria and Italy lagged somewhat behind, together comprising a further 24%.

In terms of the main suppliers, Italy, with a CAGR of +24.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average modified starches import price amounted to $X per ton, with a decrease of -3.1% against the previous year. In general, the import price recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 4.4% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for France ($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 (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for dextrins and other modified starches in the world?

The country with the largest volume of modified starches consumption was China, accounting for 17% of total volume. Moreover, modified starches consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the largest producers of dextrins and other modified starches in the world?

The countries with the highest volumes of in 2021 were China, the United States and Thailand, together comprising 30% of global production.

What are the leading suppliers of dextrins and other modified starches to Belarus?

In value terms, the largest modified starches suppliers to Belarus were Germany, Russia and the Netherlands, together comprising 72% of total imports. France, the United States, Austria and Italy lagged somewhat behind, together comprising a further 24%.

What are the leading importers of dextrins and other modified starches from Belarus?

In value terms, Russia remains the key foreign market for modified starches exports from Belarus, comprising 95% of total exports. The second position in the ranking was occupied by Ukraine, with a 5.5% share of total exports.

What is the average export price for dextrins and other modified starches in Belarus?

The average modified starches export price stood at $1,350 per ton in 2021, surging by 39% against the previous year.

What is the average import price for dextrins and other modified starches in Belarus?

The average modified starches import price stood at $1,409 per ton in 2021, approximately reflecting the previous year.

This report provides an in-depth analysis of the modified starches market in Belarus. 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:

Belarus

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belarus
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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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