Ireland: Wheat Starch Market 2025

Wheat Starch Market Size in Ireland

The Irish wheat starch market rose significantly to $X in 2021, with an increase of 5.2% against the previous year. Overall, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -3.2% against 2019 indices. Wheat starch consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wheat Starch Production in Ireland

In value terms, wheat starch production rose notably to $X in 2021 estimated in export price. Overall, the total production indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.9% 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 decreased by -7.7% against 2019 indices. The pace of growth was the most pronounced in 2015 with an increase of 83% against the previous year. Wheat starch production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wheat Starch Exports

Exports from Ireland

In 2019, overseas shipments of wheat starch increased by 1.2% to X tons, rising for the second year in a row after two years of decline. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 279% against the previous year. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2019, the exports failed to regain momentum.

In value terms, wheat starch exports rose significantly to $X in 2019. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 when exports increased by 128%. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for wheat starch exports from Ireland, with a 98% share of total exports. It was followed by the Netherlands (X tons), with a 1.6% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to the UK amounted to +116.1%.

In value terms, the UK ($X) remains the key foreign market for wheat starch exports from Ireland, comprising 99% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 0.9% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to the UK stood at +121.2%.

Export Prices by Country

The average wheat starch export price stood at $X per ton in 2019, increasing by 5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 177%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2019, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+601.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Starch Imports

Imports into Ireland

In 2021, approx. X tons of wheat starch were imported into Ireland; shrinking by -21.1% compared with 2020. Overall, imports, however, showed strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 112%. As a result, imports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, wheat starch imports shrank significantly to $X in 2021. Over the period under review, imports, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2020 with an increase of 108%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of wheat starch to Ireland, with a 75% share of total imports. Moreover, wheat starch imports from Belgium exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. The UK (X tons) ranked third in terms of total imports with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from Belgium stood at +14.8%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+38.5% per year) and the UK (+5.3% per year).

In value terms, Belgium ($X) constituted the largest supplier of wheat starch to Ireland, comprising 72% of total imports. The second position in the ranking was taken by France ($X), with a 22% share of total imports. It was followed by the UK, with a 3.8% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+31.1% per year) and the UK (+3.2% per year).

Import Prices by Country

The average wheat starch import price stood at $X per ton in 2021, dropping by -11.3% against the previous year. In general, the import price saw a noticeable descent. The growth pace was the most rapid in 2013 when the average import price increased by 13%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and the UK ($X per ton), while the price for Belgium ($X per ton) and France ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Lithuania (+3.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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