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

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

The Greek market for starch other than wheat, corn or potato dropped to $X in 2021, waning by -X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

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

In value terms, production of starch other than wheat, corn or potato reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Production of peaked at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from Greece

After two years of growth, shipments abroad of starch other than wheat, corn or potato decreased by -X% to X tons in 2021. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of X%. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, exports of starch other than wheat, corn or potato shrank significantly to $X in 2021. In general, exports, however, recorded prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2020, and then contracted sharply in the following year.

Exports by Country

Albania (X tons), Cyprus (X tons) and Bulgaria (X tons) were the main destinations of exports of starch other than wheat, corn or potato from Greece, with a combined X% share of total exports.

From 2012 to 2021, the biggest increases were in Cyprus (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

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

Cyprus, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, declining by -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($X per ton), while the average price for exports to Albania ($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 Bulgaria (+X%), while the prices for the other major destinations experienced a decline.

Imports of Starch other than Wheat, Corn or Potato

Imports into Greece

After four years of growth, supplies from abroad of starch other than wheat, corn or potato decreased by -X% to X tons in 2021. Over the period under review, imports, however, enjoyed mild growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports of hit record highs at X tons in 2020, and then fell markedly in the following year.

In value terms, imports of starch other than wheat, corn or potato rose significantly to $X in 2021. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports of hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Thailand (X tons), the Netherlands (X tons) and Bulgaria (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Greece, together accounting for X% of total imports. Germany, Belgium, Romania and Italy lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Romania (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starch other than wheat, corn or potato suppliers to Greece were Thailand ($X), the Netherlands ($X) and Germany ($X), together comprising X% of total imports. These countries were followed by Belgium, Bulgaria, Romania and Italy, which together accounted for a further X, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among 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 import price for starch other than wheat, corn or potato stood at $X per ton in 2021, with an increase of X% against the previous year. In general, import price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for starch other than wheat, corn or potato increased by +X% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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