France: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in France

The French starch manufacture residues market soared to $X in 2022, with an increase of 26% against the previous year. The market value increased at an average annual rate of +3.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Starch Manufacture Residues Production in France

In value terms, starch manufacture residues production surged to $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +76.7% against 2016 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Starch Manufacture Residues Exports

Exports from France

In 2022, overseas shipments of residues of starch manufacture increased by 12% to X tons for the first time since 2015, thus ending a six-year declining trend. Overall, exports, however, showed a abrupt contraction. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, starch manufacture residues exports soared to $X in 2022. Over the period under review, exports, however, saw a noticeable downturn. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of starch manufacture residues exports from France, together comprising 83% of total exports. Spain, the UK, Switzerland and Austria lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of +6.3%), while the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X), Belgium ($X) and Germany ($X) constituted the largest markets for starch manufacture residues exported from France worldwide, together comprising 72% of total exports. Switzerland, Spain, the UK and Austria lagged somewhat behind, together comprising a further 9.5%.

Among the main countries of destination, Spain, with a CAGR of +8.7%, 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 mixed trend patterns.

Export Prices by Country

The average starch manufacture residues export price stood at $X per ton in 2022, growing by 5.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.1%. The pace of growth was the most pronounced in 2013 when the average export price increased by 16% against the previous year. The export price peaked in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Austria ($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 Spain (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports into France

In 2022, purchases abroad of residues of starch manufacture decreased by -19.8% to X tons, falling for the second year in a row after two years of growth. In general, imports showed a pronounced decline. The most prominent rate of growth was recorded in 2017 when imports increased by 16% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, starch manufacture residues imports dropped to $X in 2022. The total import value increased at an average annual rate of +1.2% from 2012 to 2022; 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 20% against the previous year. Over the period under review, imports hit record highs at $X in 2021, and then declined in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of starch manufacture residues to France, accounting for a 49% share of total imports. Moreover, starch manufacture residues imports from Belgium exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Belgium totaled -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+3.3% per year) and the Netherlands (-4.2% per year).

In value terms, Belgium ($X), Spain ($X) and the Netherlands ($X) constituted the largest starch manufacture residues suppliers to France, with a combined 77% share of total imports. Italy, Germany and Hungary lagged somewhat behind, together comprising a further 17%.

Hungary, with a CAGR of +36.3%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average starch manufacture residues import price stood at $X per ton in 2022, growing by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The growth pace was the most rapid in 2021 when the average import price increased by 26%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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