Eastern Europe: Starch Glue Market 2025

Starch Glue Market Size in Eastern Europe

In 2021, the East European starch glue market increased by 17% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Starch Glue Production in Eastern Europe

In value terms, starch glue production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the production volume increased by 18% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Starch Glue Exports

Exports in Eastern Europe

In 2021, overseas shipments of glues based on starches, dextrins or other modified starches increased by 62% to X tons, rising for the fifth year in a row after three years of decline. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 139% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in the immediate term.

In value terms, starch glue exports soared to $X in 2021. Overall, exports showed a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Ukraine (X tons) and the Czech Republic (X tons) prevails in exports structure, together constituting 82% of total exports. It was distantly followed by Poland (X tons), constituting an 8.8% share of total exports. The following exporters - Bulgaria (X tons) and Hungary (X tons) - together made up 7% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Hungary (with a CAGR of +147.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest starch glue supplying countries in Eastern Europe were the Czech Republic ($X), Poland ($X) and Ukraine ($X), together accounting for 81% of total exports. These countries were followed by Hungary and Bulgaria, which together accounted for a further 12%.

Hungary, with a CAGR of +128.2%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, shrinking by -12.4% against the previous year. Over the period under review, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 2.9%. Over the period under review, the export prices reached the maximum 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 amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Poland ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (-1.9%), while the other leaders experienced a decline in the export price figures.

Starch Glue Imports

Imports in Eastern Europe

In 2021, supplies from abroad of glues based on starches, dextrins or other modified starches increased by 32% to X tons, rising for the sixth consecutive year after two years of decline. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +8.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +96.4% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, starch glue imports skyrocketed to $X in 2021. Total imports indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.7% against 2015 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the Czech Republic (X tons), distantly followed by Poland (X tons) and Russia (X tons) were the largest importers of glues based on starches, dextrins or other modified starches, together constituting 83% of total imports. The following importers - Ukraine (X tons), Lithuania (X tons), Hungary (X tons) and Bulgaria (X tons) - together made up 12% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Czech Republic (with a CAGR of +31.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest starch glue importing markets in Eastern Europe were Russia ($X), Poland ($X) and the Czech Republic ($X), together comprising 82% of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of +21.6%, recorded the highest rates of growth with regard to 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 import price in Eastern Europe amounted to $X per ton, reducing by -1.7% against the previous year. Overall, the import price continues to indicate a perceptible slump. The growth pace was the most rapid in 2018 an increase of 8.3% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Russia ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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