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

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

In 2021, after three years of growth, there was significant decline in the Indian market for starch other than wheat, corn or potato, when its value decreased by -X% to $X. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then shrank sharply in the following year.

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

In value terms, production of starch other than wheat, corn or potato reduced modestly to $X in 2021 estimated in export price. In general, the total production indicated a perceptible increase from 2012 to 2021: its value 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, production increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Production of peaked at $X in 2020, and then fell modestly in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from India

In 2021, exports of starch other than wheat, corn or potato from India soared to X tons, jumping by X% against the previous year. Over the period under review, exports saw a tangible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of starch other than wheat, corn or potato surged to $X in 2021. Overall, exports continue to indicate measured growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for exports of starch other than wheat, corn or potato from India, with a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to the United States exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. South Africa (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and South Africa (+X% per year).

In value terms, the United States ($X) remains the key foreign market for starch other than wheat, corn or potato exports from India, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total exports. It was followed by Nepal, with a X% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (+X% per year) and Nepal (+X% per year).

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per ton), while the average price for exports to South Africa ($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 the United States (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports into India

Imports of starch other than wheat, corn or potato into India declined markedly to X tons in 2021, which is down by -X% against the year before. Overall, imports showed a precipitous setback. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of starch other than wheat, corn or potato dropped markedly to $X in 2021. Over the period under review, imports continue to indicate a deep downturn. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2021, Vietnam (X tons) constituted the largest starch other than wheat, corn or potato supplier to India, accounting for a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Vietnam exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was taken by Belgium (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Vietnam amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Belgium (+X% per year).

In value terms, China ($X), Vietnam ($X) and Belgium ($X) constituted the largest starch other than wheat, corn or potato suppliers to India, with a combined X% share of total imports. Brazil and Cambodia lagged somewhat behind, together accounting for a further X, with a CAGR of +X%, 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 import price for starch other than wheat, corn or potato stood at $X per ton in 2021, surging by X% against the previous year. In general, the import price enjoyed prominent growth. 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 China ($X per ton), while the price for Cambodia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :