Report Update Nov 1, 2024

Belarus - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights

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Belarus: Wheat Starch Market 2024

Wheat Starch Market Size in Belarus

In 2021, the Belarusian wheat starch market decreased by -14.3% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Wheat Starch Production in Belarus

In value terms, wheat starch production shrank dramatically to $X in 2021 estimated in export price. Overall, production recorded a mild descent. The pace of growth was the most pronounced in 2020 when the production volume increased by 43% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Wheat Starch Exports

Exports from Belarus

In 2021, overseas shipments of wheat starch increased by 1,418% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports saw significant growth. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, wheat starch exports soared to $X in 2021. In general, exports continue to indicate a significant expansion. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Turkey (X tons) was the main destination for wheat starch exports from Belarus, with a 77% share of total exports. Moreover, wheat starch exports to Turkey exceeded the volume sent to the second major destination, Russia (X tons), threefold.

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

In value terms, Turkey ($X) emerged as the key foreign market for wheat starch exports from Belarus, comprising 77% of total exports. The second position in the ranking was held by Russia ($X), with a 23% share of total exports.

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

Export Prices by Country

The average wheat starch export price stood at $X per ton in 2021, shrinking by -38.1% against the previous year. Overall, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 an increase of 10%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (-14.6%).

Wheat Starch Imports

Imports into Belarus

In 2021, overseas purchases of wheat starch increased by 28% to X tons, rising for the sixth consecutive year after three years of decline. In general, imports, however, continue to indicate a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 63% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, wheat starch imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 when imports increased by 81%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Kazakhstan (X tons) and Russia (X tons) were the main suppliers of wheat starch imports to Belarus, together comprising 68% of total imports.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +68.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wheat starch suppliers to Belarus were the Czech Republic ($X), Kazakhstan ($X) and Russia ($X), together accounting for 69% of total imports.

Among the main suppliers, Russia, with a CAGR of +52.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average wheat starch import price amounted to $X per ton, waning by -5% against the previous year. Over the period under review, the import price showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the Czech Republic ($X per ton) and Lithuania ($X per ton), while the price for Kazakhstan ($X per ton) and Russia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+9.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat starch in the world?

China constituted the country with the largest volume of wheat starch consumption, accounting for 16% of total volume. Moreover, wheat starch consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Germany ranked third in terms of total consumption with a 4.6% share.

What are the largest producers of wheat starch in the world?

The country with the largest volume of wheat starch production was China, comprising approx. 16% of total volume. Moreover, wheat starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 4.1% share.

What are the leading suppliers of wheat starch to Belarus?

In value terms, the largest wheat starch suppliers to Belarus were the Czech Republic, Kazakhstan and Russia, with a combined 96% share of total imports.

What are the leading importers of wheat starch from Belarus?

In value terms, Turkey emerged as the key foreign market for wheat starch exports from Belarus, comprising 77% of total exports. The second position in the ranking was occupied by Russia, with a 23% share of total exports.

What is the average export price for wheat starch in Belarus?

The average wheat starch export price stood at $180 per ton in 2021, with an increase of 57% against the previous year.

What is the average import price for wheat starch in Belarus?

The average wheat starch import price stood at $422 per ton in 2021, which is down by -5% against the previous year.

This report provides an in-depth analysis of the wheat starch 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 10621111 - Wheat starch

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