Report Update Nov 1, 2024

Philippines - Residues of Starch Manufacture - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in the Philippines

The Philippine starch manufacture residues market dropped slightly to $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption, however, enjoyed a remarkable increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Starch Manufacture Residues Production in the Philippines

In value terms, starch manufacture residues production totaled $X in 2022 estimated in export price. Over the period under review, production, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 68%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Starch Manufacture Residues Exports

Exports from the Philippines

In 2020, the amount of residues of starch manufacture exported from the Philippines amounted to X tons, almost unchanged from 2019. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 447% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, starch manufacture residues exports totaled $X in 2020. Over the period under review, exports showed a pronounced curtailment. The smallest decline of -7.2% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2020, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for starch manufacture residues exports from the Philippines, accounting for a approx. 100% share of total exports.

From 2015 to 2020, the average annual growth rate of volume to the United States totaled -7.5%.

From 2015 to 2020, the average annual growth rate of value to the United States totaled -2.1%.

Export Prices by Country

In 2020, the average starch manufacture residues export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price recorded strong growth. The pace of growth was the most pronounced in 2016 a decrease of -83% against the previous year. The export price peaked in 2020 and is likely to see steady growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2015 to 2020, the rate of growth in terms of prices for the United States amounted to +5.8% per year.

Starch Manufacture Residues Imports

Imports into the Philippines

Starch manufacture residues imports into the Philippines fell to X tons in 2022, declining by -12.7% on the previous year. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 1,999%. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, starch manufacture residues imports reached $X in 2022. Overall, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 2,253% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

China (X tons), the United States (X tons) and Indonesia (X tons) were the main suppliers of starch manufacture residues imports to the Philippines, together comprising 100% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +61.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Indonesia ($X) appeared to be the largest starch manufacture residues suppliers to the Philippines, together comprising 100% of total imports.

China, with a CAGR of +65.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average starch manufacture residues import price amounted to $X per ton, increasing by 28% against the previous year. In general, the import price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 80% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for residues of starch manufacture in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 31% share of global consumption. These countries were followed by Japan, Russia, Pakistan, Germany, Brazil, Indonesia, Bangladesh, France, Mexico and the UK, which together accounted for a further 27%.

What are the largest producers of residues of starch manufacture in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 33% of global production. Japan, Russia, Germany, Pakistan, Brazil, Bangladesh, Indonesia, France, Mexico and the UK lagged somewhat behind, together comprising a further 26%.

What are the leading suppliers of residues of starch manufacture to the Philippines?

In value terms, the United States, China and Italy were the largest starch manufacture residues suppliers to the Philippines, with a combined 99% share of total imports.

What is the average import price for residues of starch manufacture in the Philippines?

In 2021, the average starch manufacture residues import price amounted to $712 per ton, with an increase of 57% against the previous year.

This report provides an in-depth analysis of the starch manufacture residues market in the Philippines. 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 10622000 - Residues of starch manufacture and similar residues

Country coverage:

Philippines

Data coverage:

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