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

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

The Italian market for starch other than wheat, corn or potato rose remarkably to $X in 2021, with an increase of X% against the previous year. Over the period under review, the total consumption indicated noticeable growth 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. Over the period under review, the market attained the peak level in 2021 and is likely to see steady growth in the immediate term.

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

In value terms, production of starch other than wheat, corn or potato expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt setback. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from Italy

In 2021, overseas shipments of starch other than wheat, corn or potato increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons), Austria (X tons) and Spain (X tons) were the main destinations of exports of starch other than wheat, corn or potato from Italy, together comprising X% of total exports. These countries were followed by France, the United States, Ireland and the UK, which together accounted for a further X 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Austria ($X) and France ($X) appeared to be the largest markets for starch other than wheat, corn or potato exported from Italy worldwide, with a combined X% share of total exports. These countries were followed by Spain, the United States, Ireland and the UK, which together accounted for a further X terms of the main countries of destination, the UK, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2021, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the United States ($X per ton), while the average price for exports to Spain ($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 Italy

Imports of starch other than wheat, corn or potato into Italy rose remarkably to X tons in 2021, surging by X% against 2020 figures. Overall, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. In general, total imports indicated a strong expansion 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. The most prominent rate of growth was recorded in 2018 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Belgium (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Italy, with a combined X% share of total imports.

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

In value terms, Belgium ($X) constituted the largest supplier of starch other than wheat, corn or potato to Italy, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by France, with a X% share.

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

Import Prices by Country

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, saw a pronounced decline. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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