Report Update Nov 1, 2024

Greece - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights

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Greece: Wheat Starch Market 2024

Wheat Starch Market Size in Greece

The Greek wheat starch market soared to $X in 2021, growing by 22% against the previous year. Over the period under review, consumption, however, recorded a perceptible contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Wheat Starch Production in Greece

In value terms, wheat starch production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a pronounced downturn. Wheat starch production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Wheat Starch Exports

Exports from Greece

In 2021, shipments abroad of wheat starch increased by 776% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheat starch exports surged to $X in 2021. Overall, exports posted a resilient expansion. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Cyprus (X tons) was the main destination for wheat starch exports from Greece, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Cyprus stood at +37.8%.

In value terms, Cyprus ($X) also remains the key foreign market for wheat starch exports from Greece.

From 2012 to 2021, the average annual growth rate of value to Cyprus totaled +26.1%.

Export Prices by Country

In 2021, the average wheat starch export price amounted to $X per ton, waning by -47.7% against the previous year. Overall, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Cyprus.

From 2012 to 2021, the rate of growth in terms of prices for Bulgaria amounted to -0.4% per year.

Wheat Starch Imports

Imports into Greece

In 2021, overseas purchases of wheat starch decreased by -3.8% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 78% 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, wheat starch imports surged to $X in 2021. Over the period under review, imports saw a deep slump. The pace of growth was the most pronounced in 2017 with an increase of 42%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Hungary (X tons) constituted the largest supplier of wheat starch to Greece, with a 43% share of total imports. Moreover, wheat starch imports from Hungary exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. The third position in this ranking was taken by Austria (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Hungary totaled -14.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-9.7% per year) and Austria (+30.0% per year).

In value terms, Hungary ($X) constituted the largest supplier of wheat starch to Greece, comprising 40% of total imports. The second position in the ranking was taken by Italy ($X), with a 16% share of total imports. It was followed by Austria, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Hungary totaled +30.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-11.6% per year) and Austria (+30.3% per year).

Import Prices by Country

In 2021, the average wheat starch import price amounted to $X per ton, growing by 30% against the previous year. Overall, the import price, however, continues to indicate a slight setback. The import price 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 supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hungary (+53.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat starch in the world?

The country with the largest volume of wheat starch consumption was China, accounting for 16% of total volume. Moreover, wheat starch consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Germany, with a 4.6% share.

What are the largest producers of wheat starch in the world?

China constituted the country with the largest volume of wheat starch production, comprising approx. 16% of total volume. Moreover, wheat starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 4.1% share.

What are the leading suppliers of wheat starch to Greece?

In value terms, Hungary constituted the largest supplier of wheat starch to Greece, comprising 42% of total imports. The second position in the ranking was occupied by Italy, with a 16% share of total imports. It was followed by Austria, with a 13% share.

What are the leading importers of wheat starch from Greece?

In value terms, Cyprus remains the key foreign market for wheat starch exports from Greece.

What is the average export price for wheat starch in Greece?

The average wheat starch export price stood at $261 per ton in 2021, waning by -49.1% against the previous year.

What is the average import price for wheat starch in Greece?

In 2021, the average wheat starch import price amounted to $560 per ton, jumping by 30% against the previous year.

This report provides an in-depth analysis of the wheat starch market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10621111 - Wheat starch

Country coverage:

Greece

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Greece
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023