Netherlands: Wheat Starch Market 2024

Wheat Starch Market Size in the Netherlands

In 2021, the Dutch wheat starch market decreased by -27.3% to $X, falling for the second year in a row after two years of growth. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Wheat Starch Production in the Netherlands

In value terms, wheat starch production amounted to $X in 2021 estimated in export price. In general, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the production volume increased by 73%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Wheat Starch Exports

Exports from the Netherlands

In 2021, wheat starch exports from the Netherlands skyrocketed to X tons, surging by 45% against 2020 figures. Overall, total exports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +95.9% against 2017 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheat starch exports soared to $X in 2021. Over the period under review, exports enjoyed a slight expansion. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons), France (X tons) and the UK (X tons) were the main destinations of wheat starch exports from the Netherlands, with a combined 77% share of total exports. These countries were followed by Belgium, Finland, Poland and Switzerland, which together accounted for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +38.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the UK ($X) constituted the largest markets for wheat starch exported from the Netherlands worldwide, with a combined 76% share of total exports. Belgium, Finland, Poland and Switzerland lagged somewhat behind, together accounting for a further 20%.

Finland, with a CAGR of +36.0%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wheat starch export price amounted to $X per ton, with an increase of 43% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and Finland ($X per ton), while the average price for exports to Switzerland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+0.3%), while the prices for the other major destinations experienced a decline.

Wheat Starch Imports

Imports into the Netherlands

In 2021, the amount of wheat starch imported into the Netherlands rose notably to X tons, with an increase of 7.5% compared with the previous year's figure. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, wheat starch imports surged to $X in 2021. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 36% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), Belgium (X tons) and Austria (X tons) were the main suppliers of wheat starch imports to the Netherlands, together accounting for 88% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Austria (with a CAGR of +99.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Austria ($X) appeared to be the largest wheat starch suppliers to the Netherlands, with a combined 88% share of total imports.

Among the main suppliers, Austria, with a CAGR of +94.4%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average wheat starch import price stood at $X per ton in 2021, increasing by 7.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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