Netherlands: Modified Starches Market 2024

Modified Starches Market Size in the Netherlands

In 2022, after three years of decline, there was significant growth in the Dutch modified starches market, when its value increased by 5,722% to $X. Over the period under review, consumption saw a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Modified Starches Production in the Netherlands

In value terms, modified starches production soared to $X in 2022 estimated in export price. Overall, production posted a strong increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Modified Starches Exports

Exports from the Netherlands

In 2022, overseas shipments of dextrins and other modified starches decreased by -7.6% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when exports increased by 8.7% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, modified starches exports amounted to $X in 2022. Over the period under review, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Germany (X tons) was the main destination for modified starches exports from the Netherlands, with a 20% share of total exports. Moreover, modified starches exports to Germany exceeded the volume sent to the second major destination, Sweden (X tons), twofold. The third position in this ranking was held by France (X tons), with a 7.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to -1.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-1.5% per year) and France (-4.9% per year).

In value terms, Germany ($X) remains the key foreign market for dextrins and other modified starches exports from the Netherlands, comprising 17% of total exports. The second position in the ranking was held by France ($X), with an 8% share of total exports. It was followed by Belgium, with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at -1.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-4.5% per year) and Belgium (-1.7% per year).

Export Prices by Country

In 2022, the average modified starches export price amounted to $X per ton, rising by 11% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.

Modified Starches Imports

Imports into the Netherlands

In 2022, the amount of dextrins and other modified starches imported into the Netherlands rose notably to X tons, growing by 6% compared with the year before. Over the period under review, total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.2% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 24%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, modified starches imports skyrocketed to $X in 2022. Overall, total imports indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.5% against 2017 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 34% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of modified starches to the Netherlands, with a 31% share of total imports. Moreover, modified starches imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. The third position in this ranking was held by France (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.8% per year) and France (+5.6% per year).

In value terms, Germany ($X) constituted the largest supplier of dextrins and other modified starches to the Netherlands, comprising 32% of total imports. The second position in the ranking was taken by France ($X), with a 14% share of total imports. It was followed by Sweden, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Germany amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.7% per year) and Sweden (+3.3% per year).

Import Prices by Country

The average modified starches import price stood at $X per ton in 2022, growing by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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