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

Market Size for Starch other than Wheat, Corn or Potato in Finland

The Finnish market for starch other than wheat, corn or potato was finally on the rise to reach $X in 2021, after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a lower figure.

Production of Starch other than Wheat, Corn or Potato in Finland

In value terms, production of starch other than wheat, corn or potato expanded notably to $X in 2021 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production of growth remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from Finland

Exports of starch other than wheat, corn or potato from Finland dropped notably to X tons in 2021, falling by -X% compared with 2020. Over the period under review, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of starch other than wheat, corn or potato reduced markedly to $X in 2021. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for exports of starch other than wheat, corn or potato from Finland, accounting for a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to the UK exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was taken by the Netherlands (X tons), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for starch other than wheat, corn or potato exported from Finland were the UK ($X), Sweden ($X) and the Netherlands ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Sweden, with a CAGR of +X%, recorded 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 export price for starch other than wheat, corn or potato stood at $X per ton in 2021, dropping by -X% against the previous year. In general, the export price saw a pronounced slump. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Sweden ($X per ton) and the UK ($X per ton), while the average price for exports to Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

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

Imports of Starch other than Wheat, Corn or Potato

Imports into Finland

In 2021, imports of starch other than wheat, corn or potato into Finland amounted to X tons, picking up by X% compared with the previous year. In general, imports, however, showed a perceptible reduction. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2016 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Thailand (X tons), Germany (X tons) and the Netherlands (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Finland, together accounting for X% of total imports. These countries were followed by Belgium and Poland, which together accounted for a further X 2012 to 2021, the biggest increases were in Poland (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Thailand ($X) constituted the largest starch other than wheat, corn or potato suppliers to Finland, together accounting for X% of total imports. The Netherlands and Poland lagged somewhat behind, together accounting for a further X the main suppliers, Poland, with a CAGR of +X%, 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

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2021, surging by X% against the previous year. Overall, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Thailand ($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 (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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