Report Update Nov 1, 2024

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

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Luxembourg: Wheat Starch Market 2024

Wheat Starch Market Size in Luxembourg

In 2021, after six years of growth, there was decline in the Luxembourg wheat starch market, when its value decreased by -1.3% to $X. Overall, the total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +57.0% against 2013 indices. Wheat starch consumption peaked at $X in 2020, and then reduced in the following year.

Wheat Starch Production in Luxembourg

In value terms, wheat starch production shrank slightly to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.3% 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 increased by +50.6% against 2013 indices. The pace of growth appeared the most rapid in 2017 with an increase of 15%. Over the period under review, production attained the maximum level at $X in 2020, and then declined modestly in the following year.

Wheat Starch Exports

Exports from Luxembourg

In 2020, shipments abroad of wheat starch decreased by -99.9% to X kg, falling for the third year in a row after four years of growth. Over the period under review, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2014 with an increase of 71%. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2020, the exports remained at a lower figure.

In value terms, wheat starch exports fell significantly to $X in 2020. In general, exports saw a dramatic curtailment. The pace of growth was the most pronounced in 2014 with an increase of 70% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2020, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for wheat starch exports from Luxembourg, with a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the Netherlands stood at -84.0%.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the largest markets for wheat starch exported from Luxembourg worldwide.

Belgium, with a CAGR of -59.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2020, the average wheat starch export price amounted to $X per ton, declining by -8.3% against the previous year. In general, the export price, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 an increase of 87%. As a result, the export price attained the peak level of $X per ton, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+72.4%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Starch Imports

Imports into Luxembourg

In 2021, overseas purchases of wheat starch were finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports, however, faced a abrupt curtailment. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wheat starch imports skyrocketed to $X in 2021. In general, imports, however, saw a noticeable reduction. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) was the main wheat starch supplier to Luxembourg, with a approx. 97% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -12.5%.

In value terms, Germany ($X) constituted the largest supplier of wheat starch to Luxembourg.

From 2012 to 2021, the average annual growth rate of value from Germany totaled -5.4%.

Import Prices by Country

The average wheat starch import price stood at $X per ton in 2021, with an increase of 28% against the previous year. In general, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +8.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, wheat starch import price increased by +30.9% against 2019 indices. The growth pace was the most rapid in 2014 an increase of 62%. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +8.1% per year.

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. Germany ranked third in terms of total consumption with a 4.6% share.

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

China remains the largest wheat starch producing country worldwide, comprising approx. 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 Luxembourg?

In value terms, Germany constituted the largest supplier of wheat starch to Luxembourg.

What are the leading importers of wheat starch from Luxembourg?

In value terms, the Netherlands emerged as the key foreign market for wheat starch exports from Luxembourg, comprising 89% of total exports. The second position in the ranking was occupied by Belgium $481), with an 11% share of total exports.

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

The average wheat starch export price stood at $2,179 per ton in 2021, declining by -53.9% against the previous year.

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

In 2021, the average wheat starch import price amounted to $948 per ton, remaining stable against the previous year.

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

Luxembourg

Data coverage:

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