Czech Republic: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in the Czech Republic

The Czech starch manufacture residues market declined to $X in 2022, waning by -6.7% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Starch manufacture residues consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Starch Manufacture Residues Production in the Czech Republic

In value terms, starch manufacture residues production fell to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 22%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Starch Manufacture Residues Exports

Exports from the Czech Republic

In 2022, the amount of residues of starch manufacture exported from the Czech Republic skyrocketed to X tons, rising by 193% compared with the previous year's figure. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 4,127%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, starch manufacture residues exports skyrocketed to $X in 2022. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 1,269%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

The Netherlands (X tons), Germany (X tons) and Denmark (X tons) were the main destinations of starch manufacture residues exports from the Czech Republic, together accounting for 94% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +760,875.6%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and Denmark ($X) appeared to be the largest markets for starch manufacture residues exported from the Czech Republic worldwide, together accounting for 94% of total exports.

In terms of the main countries of destination, Denmark, with a CAGR of +585,889.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average starch manufacture residues export price stood at $X per ton in 2022, shrinking by -23.3% against the previous year. Overall, the export price continues to indicate a abrupt descent. The growth pace was the most rapid in 2015 when the average export price increased by 95% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($X per ton), while the average price for exports to Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+33.5%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports into the Czech Republic

In 2022, approx. X tons of residues of starch manufacture were imported into the Czech Republic; surging by 14% on the year before. Overall, imports showed buoyant growth. The growth pace was the most rapid in 2014 when imports increased by 92%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, starch manufacture residues imports stood at $X in 2022. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2013 with an increase of 113%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Austria (X tons) constituted the largest supplier of starch manufacture residues to the Czech Republic, with a 78% share of total imports. Moreover, starch manufacture residues imports from Austria exceeded the figures recorded by the second-largest supplier, Slovakia (X tons), sevenfold. Hungary (X tons) ranked third in terms of total imports with a 4.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Austria stood at +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Slovakia (+5.1% per year) and Hungary (+17.1% per year).

In value terms, Austria ($X) constituted the largest supplier of residues of starch manufacture to the Czech Republic, comprising 50% of total imports. The second position in the ranking was held by Hungary ($X), with a 14% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Austria stood at +15.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+33.4% per year) and Belgium (-2.7% per year).

Import Prices by Country

The average starch manufacture residues import price stood at $X per ton in 2022, dropping by -5.4% against the previous year. Overall, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 54%. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 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 Belgium ($X per ton), while the price for Austria ($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 Netherlands (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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