Czech Republic: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in the Czech Republic

In 2021, the Czech market for starch other than wheat, corn or potato increased by X% to $X, rising for the fifth consecutive year after four years of decline. In general, consumption enjoyed a buoyant increase. Consumption of peaked in 2021 and is expected to retain growth in years to come.

Exports of Starch other than Wheat, Corn or Potato

Exports from the Czech Republic

In 2021, shipments abroad of starch other than wheat, corn or potato was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, exports of starch other than wheat, corn or potato surged to $X in 2021. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Italy (X tons) was the main destination for exports of starch other than wheat, corn or potato from the Czech Republic, with a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to Italy exceeded the volume sent to the second major destination, Hungary (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Italy stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+X% per year) and Slovakia (+X% per year).

In value terms, Italy ($X) emerged as the key foreign market for starch other than wheat, corn or potato exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Italy totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+X% per year) and Hungary (+X% per year).

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Slovakia ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (-X%), while the prices for the other major destinations experienced a decline.

Imports of Starch other than Wheat, Corn or Potato

Imports into the Czech Republic

Imports of starch other than wheat, corn or potato into the Czech Republic surged to X tons in 2021, increasing by X% compared with 2020 figures. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see steady growth in years to come.

In value terms, imports of starch other than wheat, corn or potato surged to $X in 2021. Overall, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X tons) constituted the largest starch other than wheat, corn or potato supplier to the Czech Republic, accounting for a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Denmark exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Denmark amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

In value terms, the largest starch other than wheat, corn or potato suppliers to the Czech Republic were Denmark ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, Denmark, with a CAGR of +X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, showed a pronounced decrease. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($X per ton), while the price for Moldova ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :