CIS: Potato Starch Market 2020

Potato Starch Market Size in CIS

The revenue of the potato starch market in CIS amounted to $X in 2017, surging by X% against the previous year. The market value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2013, when it surged by X% against the previous year. In that year, the potato starch market attained their peak level of $X. From 2014 to 2017, growth of the potato starch market failed to regain its momentum.

Potato Starch Production in CIS

Russia (X tons) remains the largest potato starch producing country in CIS, comprising approx. X% of total production.

Potato Starch Exports in CIS

In 2017, exports of potatoes prepared or preserved in the form of flour, meal or flakes in CIS amounted to X tons, surging by X% against the previous year. The potato starch exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. The volume of exports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, potato starch exports amounted to $X in 2017. The potato starch exports continue to indicate a prominent expansion. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Potato Starch Exports by Country in CIS

Russia dominates potato starch exports structure, resulting at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Belarus (X tons), creating X% share of total exports.

Russia was also the fastest growing in terms of the potatoes prepared or preserved in the form of flour, meal or flakes exports, with a CAGR of +X% from 2007 to 2017. At the same time, Belarus (+X%) displayed positive paces of growth. Belarus (-X%) and Russia (-X%) significantly weakened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest potato starch supplier in CIS, making up X% of global exports. The second position in the ranking was occupied by Belarus ($X), with a X% share of global exports.

In Russia, potato starch exports expanded at an average annual rate of +X% over the period from 2007-2017.

Potato Starch Export Prices by Country in CIS

The potato starch export price in CIS stood at $X per ton in 2017, shrinking by -X% against the previous year. The potato starch export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, an increase of X% against the previous year. The level of export price peaked of $X per ton in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Belarus (+X% per year).

Potato Starch Imports in CIS

In 2017, the amount of potatoes prepared or preserved in the form of flour, meal or flakes imported in CIS stood at X tons, going up by X% against the previous year. The total import volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2013, when imports increased by X% against the previous year. The volume of imports peaked of X tons in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, potato starch imports amounted to $X in 2017. The potato starch imports continue to indicate a relatively flat trend pattern. In that year, the potato starch imports attained their peak level of $X. From 2014 to 2017, growth of the potato starch imports stood at a somewhat lower level.

Potato Starch Imports by Country in CIS

Russia represented the main importer of potatoes prepared or preserved in the form of flour, meal or flakes in CIS, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2017. Kazakhstan (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Belarus (X%) and Azerbaijan (X%). The following importers - Moldova (X tons) and Kyrgyzstan (X tons) together made up X% of total imports.

From 2007 to 2017, average annual rates of growth with regard to potato starch imports into Russia stood at -X%. At the same time, Kyrgyzstan (+X%), Azerbaijan (+X%), Kazakhstan (+X%), Moldova (+X%) and Belarus (+X%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest growing importer in CIS, with a CAGR of +X% from 2007-2017. While the share of Russia (X%) increased significantly in terms of the global imports from 2007-2017, the share of Kyrgyzstan (-X%), Belarus (-X%), Kazakhstan (-X%) and Azerbaijan (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Kazakhstan ($X) and Belarus ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. Azerbaijan, Moldova and Kyrgyzstan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries , Kyrgyzstan (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Potato Starch Import Prices by Country in CIS

In 2017, the potato starch import price in CIS amounted to $X per ton, going up by X% against the previous year. The potato starch import price continues to indicate a measured downturn. The pace of growth appeared the most rapid in 2008, an increase of X% y-o-y. In that year, the import prices for potatoes prepared or preserved in the form of flour, meal or flakes reached their peak level of $X per ton. From 2009 to 2017, growth of the import prices for potatoes prepared or preserved in the form of flour, meal or flakes stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Moldova ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Kyrgyzstan (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform