Benelux: Starch Glue Market 2025

Starch Glue Market Size in Benelux

In 2021, after four years of growth, there was decline in the Benelux starch glue market, when its value decreased by -3.1% to $X. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +61.1% against 2016 indices. The level of consumption peaked at $X in 2020, and then reduced slightly in the following year.

Starch Glue Production in Benelux

In value terms, starch glue production declined to $X in 2021 estimated in export price. Over the period under review, production showed a resilient expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 35% against the previous year. The level of production peaked at $X in 2020, and then fell in the following year.

Starch Glue Exports

Exports in Benelux

In 2021, approx. X tons of glues based on starches, dextrins or other modified starches were exported in Benelux; approximately reflecting the year before. Over the period under review, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of 105% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, starch glue exports expanded significantly to $X in 2021. In general, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2013 when exports increased by 197% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

In 2021, the Netherlands (X tons) was the major exporter of glues based on starches, dextrins or other modified starches, constituting 68% of total exports. It was distantly followed by Belgium (X tons), comprising a 32% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to starch glue exports from the Netherlands stood at +5.2%. At the same time, Belgium (+14.5%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing exporter exported in Benelux, with a CAGR of +14.5% from 2012-2021. While the share of Belgium (+14 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of the Netherlands (-14 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest starch glue supplier in Benelux, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands stood at +8.4%.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, with an increase of 15% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 45% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%).

Starch Glue Imports

Imports in Benelux

In 2021, after two years of growth, there was significant decline in purchases abroad of glues based on starches, dextrins or other modified starches, when their volume decreased by -10.3% to X tons. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 62% against the previous year. Over the period under review, imports hit record highs at X tons in 2020, and then dropped in the following year.

In value terms, starch glue imports rose modestly to $X in 2021. In general, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2017 with an increase of 47%. Over the period under review, imports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Imports by Country

The Netherlands was the largest importing country with an import of around X tons, which reached 72% of total imports. It was distantly followed by Belgium (X tons), creating a 24% share of total imports. Luxembourg (X tons) held a minor share of total imports.

The Netherlands experienced a relatively flat trend pattern with regard to volume of imports of glues based on starches, dextrins or other modified starches. At the same time, Luxembourg (+3.8%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +3.8% from 2012-2021. Belgium experienced a relatively flat trend pattern. Belgium (+2 p.p.) significantly strengthened its position in terms of the total imports, while the Netherlands saw its share reduced by -3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) constitutes the largest market for imported glues based on starches, dextrins or other modified starches in Benelux, comprising 71% of total imports. The second position in the ranking was taken by Belgium ($X), with a 26% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Netherlands stood at +6.6%. In the other countries, the average annual rates were as follows: Belgium (+2.2% per year) and Luxembourg (+4.6% per year).

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, growing by 16% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.7%. The pace of growth appeared the most rapid in 2018 when the import price increased by 24% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform