Northern America: Maltodextrine Market 2024

Maltodextrine Market Size in Northern America

The North American maltodextrine market expanded slightly to $X in 2021, with an increase of 2.5% against the previous year. The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Maltodextrine Production in Northern America

In value terms, maltodextrine production contracted slightly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 15%. The level of production peaked at $X in 2020, and then shrank in the following year.

Maltodextrine Exports

Exports in Northern America

In 2021, the amount of maltodextrine and maltodextine syrup exported in Northern America reached X tons, increasing by 7.7% compared with 2020 figures. The total export volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 when exports increased by 17% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, maltodextrine exports soared to $X in 2021. The total export value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States prevails in exports structure, resulting at X tons, which was approx. 94% of total exports in 2021. It was distantly followed by Canada (X tons), comprising a 6.1% share of total exports.

The United States was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of +3.4% from 2012 to 2021. At the same time, Canada (+2.6%) displayed positive paces of growth. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest maltodextrine supplier in Northern America, comprising 94% of total exports. The second position in the ranking was held by Canada ($X), with a 5.7% share of total exports.

In the United States, maltodextrine exports increased at an average annual rate of +4.3% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 an increase of 16% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+5.1%).

Maltodextrine Imports

Imports in Northern America

In 2021, maltodextrine imports in Northern America surged to X tons, with an increase of 32% compared with the year before. Total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +6.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.2% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 44% against the previous year. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the near future.

In value terms, maltodextrine imports soared to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +8.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X tons) was the key importer of maltodextrine and maltodextine syrup, mixing up 78% of total imports. It was distantly followed by Canada (X tons), achieving a 22% share of total imports.

The United States was also the fastest-growing in terms of the maltodextrine and maltodextine syrup imports, with a CAGR of +7.1% from 2012 to 2021. At the same time, Canada (+6.0%) displayed positive paces of growth. While the share of the United States (+1.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Canada (-1.7 p.p.) displayed negative dynamics.

In value terms, the United States ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in Northern America, comprising 75% of total imports. The second position in the ranking was held by Canada ($X), with a 25% share of total imports.

In the United States, maltodextrine imports expanded at an average annual rate of +8.5% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2021, rising by 1.9% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The growth pace was the most rapid in 2019 when the import price increased by 18%. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+2.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :