Report Update Nov 1, 2024

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

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India: Wheat Starch Market 2024

Wheat Starch Market Size in India

After three years of growth, the Indian wheat starch market decreased by -9% to $X in 2021. Overall, consumption, however, showed a strong expansion. Over the period under review, the market reached the peak level at $X in 2020, and then declined in the following year.

Wheat Starch Production in India

In value terms, wheat starch production declined to $X in 2021 estimated in export price. In general, production, however, saw a resilient increase. The pace of growth appeared the most rapid in 2013 when the production volume increased by 59% against the previous year. Over the period under review, production attained the peak level at $X in 2020, and then dropped in the following year.

Wheat Starch Exports

Exports from India

In 2021, overseas shipments of wheat starch decreased by -91.4% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded resilient growth. The growth pace was the most rapid in 2016 with an increase of 8,846%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, wheat starch exports contracted sharply to $X in 2021. In general, exports, however, continue to indicate a buoyant expansion. The growth pace was the most rapid in 2016 when exports increased by 8,439% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Indonesia (X tons) was the main destination for wheat starch exports from India, with a 96% share of total exports. It was followed by Kuwait (X kg), with a 1.7% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Indonesia totaled -37.9%.

In value terms, Indonesia ($X) remains the key foreign market for wheat starch exports from India, comprising 90% of total exports. The second position in the ranking was taken by Kuwait ($X), with a 3.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Indonesia stood at -29.2%.

Export Prices by Country

In 2021, the average wheat starch export price amounted to $X per ton, growing by 16% against the previous year. Over the period under review, the export price posted a temperate expansion. The pace of growth appeared the most rapid in 2013 an increase of 69% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Indonesia stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+13.9%).

Wheat Starch Imports

Imports into India

In 2021, after two years of decline, there was significant growth in purchases abroad of wheat starch, when their volume increased by 27% to X tons. In general, imports showed a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 100% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

In value terms, wheat starch imports surged to $X in 2021. Over the period under review, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 103%. Imports peaked in 2021 and are likely to continue growth in years to come.

Imports by Country

France (X tons), Lithuania (X tons) and Belgium (X tons) were the main suppliers of wheat starch imports to India, together comprising 70% of total imports.

From 2012 to 2021, the biggest increases were recorded for Lithuania (with a CAGR of +104.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of wheat starch to India, comprising 40% of total imports. The second position in the ranking was taken by Lithuania ($X), with a 20% share of total imports. It was followed by Belgium, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France amounted to +6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+88.6% per year) and Belgium (+53.8% per year).

Import Prices by Country

In 2021, the average wheat starch import price amounted to $X per ton, with a decrease of -2.8% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2013 when the average import price increased by 7.1%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Belgium ($X per ton) and France ($X per ton), while the price for Germany ($X per ton) and Australia ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China constituted the country with the largest volume of wheat starch consumption, comprising approx. 16% of total volume. Moreover, wheat starch consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. Germany ranked third in terms of total consumption with a 4.6% share.

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

The country with the largest volume of wheat starch production was China, accounting for 16% of total volume. Moreover, wheat starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of wheat starch to India?

In value terms, France constituted the largest supplier of wheat starch to India, comprising 42% of total imports. The second position in the ranking was occupied by Lithuania, with a 21% share of total imports. It was followed by Belgium, with a 13% share.

What are the leading importers of wheat starch from India?

In value terms, the largest markets for wheat starch exported from India were Kuwait, Bangladesh and Sweden, together accounting for 73% of total exports. These countries were followed by the United States, Kenya, Cameroon and Hong Kong SAR, which together accounted for a further 26%.

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

The average wheat starch export price stood at $853 per ton in 2021, picking up by 84% against the previous year.

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

The average wheat starch import price stood at $573 per ton in 2021, with a decrease of -2.8% against the previous year.

This report provides an in-depth analysis of the wheat starch market in India. 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:

India

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in India
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