Eastern Europe: Maltodextrine Market 2024

Maltodextrine Market Size in Eastern Europe

After three years of growth, the East European maltodextrine market decreased by -14.4% to $X in 2021. In general, consumption saw a perceptible contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Maltodextrine Production in Eastern Europe

In value terms, maltodextrine production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a pronounced setback. The most prominent rate of growth was recorded in 2020 when the production volume increased by 17% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Maltodextrine Exports

Exports in Eastern Europe

In 2021, approx. X tons of maltodextrine and maltodextine syrup were exported in Eastern Europe; increasing by 49% compared with the previous year's figure. In general, exports saw resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by 53%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the immediate term.

In value terms, maltodextrine exports soared to $X in 2021. Overall, exports posted strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Slovakia (X tons) represented the key exporter of maltodextrine and maltodextine syrup, comprising 48% of total exports. Ukraine (X tons) ranks second in terms of the total exports with a 16% share, followed by Russia (12%), the Czech Republic (9.5%) and Poland (9.3%). The following exporters - Latvia (X tons) and Bulgaria (X tons) - each resulted at a 3.3% share of total exports.

Exports from Slovakia increased at an average annual rate of +10.5% from 2012 to 2021. At the same time, Ukraine (+138.6%), Latvia (+69.2%), Russia (+50.9%), Bulgaria (+24.1%) and the Czech Republic (+5.5%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of +138.6% from 2012-2021. By contrast, Poland (-3.4%) illustrated a downward trend over the same period. Ukraine (+16 p.p.), Russia (+12 p.p.) and Latvia (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while the Czech Republic and Poland saw its share reduced by -5.2% and -22.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Slovakia ($X) remains the largest maltodextrine supplier in Eastern Europe, comprising 46% of total exports. The second position in the ranking was taken by Poland ($X), with a 16% share of total exports. It was followed by Ukraine, with a 13% share.

From 2012 to 2021, the average annual growth rate of value in Slovakia stood at +10.4%. In the other countries, the average annual rates were as follows: Poland (+0.5% per year) and Ukraine (+95.2% per year).

Export Prices by Country

In 2021, the export price in Eastern Europe amounted to $X per ton, rising by 4.7% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Latvia ($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 (+4.0%), while the other leaders experienced mixed trends in the export price figures.

Maltodextrine Imports

Imports in Eastern Europe

Maltodextrine imports rose markedly to X tons in 2021, with an increase of 7.3% on the previous year. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 when imports increased by 9.2% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in years to come.

In value terms, maltodextrine imports rose sharply to $X in 2021. The total import value increased at an average annual rate of +4.2% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 16%. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Poland (X tons), distantly followed by Russia (X tons), the Czech Republic (X tons), Hungary (X tons), Romania (X tons) and Slovakia (X tons) represented the main importers of maltodextrine and maltodextine syrup, together generating 81% of total imports. The following importers - Estonia (X tons) and Bulgaria (X tons) - each accounted for a 7.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Estonia (with a CAGR of +25.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Russia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2021, with a combined 62% share of total imports. These countries were followed by Romania, Hungary, Slovakia, Bulgaria and Estonia, which together accounted for a further 28%.

In terms of the main importing countries, Estonia, with a CAGR of +20.1%, 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 import price in Eastern Europe amounted to $X per ton, approximately reflecting the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2018 an increase of 10%. The level of import peaked in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Romania ($X per ton), while Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+5.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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