CIS: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in CIS

The CIS starch manufacture residues market reached $X in 2022, approximately reflecting the previous year. The total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.5% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Starch Manufacture Residues Production in CIS

In value terms, starch manufacture residues production reached $X in 2022 estimated in export price. The total production indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -5.4% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by 27% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Starch Manufacture Residues Exports

Exports in CIS

In 2022, overseas shipments of residues of starch manufacture were finally on the rise to reach X tons after three years of decline. In general, exports enjoyed a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 723% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, starch manufacture residues exports dropped to $X in 2022. Overall, exports saw a resilient increase. The pace of growth appeared the most rapid in 2013 when exports increased by 388% against the previous year. The level of export peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia dominates exports structure, finishing at X tons, which was near 95% of total exports in 2022. Kazakhstan (X tons) followed a long way behind the leaders.

Russia was also the fastest-growing in terms of the residues of starch manufacture exports, with a CAGR of +27.6% from 2012 to 2022. Kazakhstan (-6.3%) illustrated a downward trend over the same period. Russia (+51 p.p.) significantly strengthened its position in terms of the total exports, while Kazakhstan saw its share reduced by -40% from 2012 to 2022, respectively.

In value terms, Russia ($X) remains the largest starch manufacture residues supplier in the CIS, comprising 96% of total exports. The second position in the ranking was held by Kazakhstan ($X), with a 2.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Russia stood at +27.3%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, dropping by -9.6% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 148%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then declined in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-0.2%).

Starch Manufacture Residues Imports

Imports in CIS

In 2022, approx. X tons of residues of starch manufacture were imported in the CIS; waning by -6.6% against the previous year. In general, imports showed a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of 29%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, starch manufacture residues imports contracted to $X in 2022. Overall, imports showed a slight slump. The most prominent rate of growth was recorded in 2017 with an increase of 32% against the previous year. Over the period under review, imports reached the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Russia (X tons) was the main importer of residues of starch manufacture in the CIS, mixing up 98% of total import.

Russia was also the fastest-growing in terms of the residues of starch manufacture imports, with a CAGR of -2.7% from 2012 to 2022. Russia (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported residues of starch manufacture in the CIS.

In Russia, starch manufacture residues imports plunged by an average annual rate of -1.6% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, dropping by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the import price increased by 11%. As a result, import price reached the peak level of $X per ton, and then declined modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +1.2% per year.

Source: IndexBox Platform

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