Report Update Nov 1, 2024

Puerto Rico - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Maize Starch Market 2024

Maize Starch Market Size in Puerto Rico

The Puerto Rican maize starch market stood at less than $X in 2021, remaining relatively unchanged against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern.

Maize Starch Exports

Exports from Puerto Rico

In 2021, approx. less than X kg of maize (corn) starch were exported from Puerto Rico; standing approx. at the previous year's figure. In general, exports saw a relatively flat trend pattern.

In value terms, maize starch exports totaled less than $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, India (X tons), distantly followed by Turkey (X tons), the United States (X tons), Spain (X tons), China (X tons), Germany (X tons) and France (X tons) represented the largest exporters of maize (corn) starch, together generating 63% of total exports. The following exporters - Ukraine (X tons), Brazil (X tons), Indonesia (X tons), Egypt (X tons), Serbia (X tons) and the Netherlands (X tons) - together made up 16% of total exports.

Exports from India increased at an average annual rate of +15.9% from 2012 to 2021. At the same time, Egypt (+43.0%), Turkey (+27.2%), Brazil (+21.4%), Serbia (+15.8%), Ukraine (+15.4%), Indonesia (+8.2%), Germany (+4.4%), China (+3.8%), Spain (+2.6%) and the United States (+1.4%) displayed positive paces of growth. Moreover, Egypt emerged as the fastest-growing exporter exported in the world, with a CAGR of +43.0% from 2012-2021. France experienced a relatively flat trend pattern. By contrast, the Netherlands (-3.8%) illustrated a downward trend over the same period. India (+12 p.p.), Turkey (+6.8 p.p.), France (+5.1 p.p.), Egypt (+2.4 p.p.), Brazil (+1.9 p.p.) and Ukraine (+1.8 p.p.) significantly strengthened its position in terms of the global exports, while China, Spain, the Netherlands and the United States saw its share reduced by -1.7%, -2.6%, -3% and -4.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest maize starch supplying countries from Puerto Rico were India ($X), Germany ($X) and the United States ($X), with a combined 37% share of total exports. Turkey, Spain, China, France, Ukraine, the Netherlands, Egypt, Brazil, Indonesia and Serbia lagged somewhat behind, together comprising a further 42%.

In terms of the main exporting countries, Egypt, with a CAGR of +42.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, remaining stable against the previous year. Overall, the export price saw a relatively flat trend pattern.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.5%), while the other leaders experienced mixed trends in the export price figures.

Maize Starch Imports

Imports into Puerto Rico

In 2021, imports of maize (corn) starch into Puerto Rico totaled less than X kg, flattening at 2020. Overall, imports saw a relatively flat trend pattern.

In value terms, maize starch imports stood at less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

Malaysia (X tons), Indonesia (X tons), France (X tons), Germany (X tons), Mexico (X tons), the Philippines (X tons), Nigeria (X tons), Italy (X tons), the UK (X tons), the United States (X tons), Vietnam (X tons) and Chile (X tons) represented roughly 56% of total imports in 2021. Canada (X tons) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for Vietnam (with a CAGR of +28.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Malaysia ($X) and Germany ($X) were the countries with the highest levels of imports in 2021, together accounting for 22% of total imports. Indonesia, Mexico, the Philippines, the UK, Nigeria, Canada, Italy, Vietnam, the United States and Chile lagged somewhat behind, together accounting for a further 35%.

Vietnam, with a CAGR of +29.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per ton, approximately mirroring the previous year. Over the period under review, the import price recorded a relatively flat trend pattern.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+4.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for maize (corn) starch in the world?

The country with the largest volume of maize starch consumption was China, comprising approx. 21% of total volume. Moreover, maize starch consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.2% share.

What are the largest producers of maize (corn) starch in the world?

China constituted the country with the largest volume of maize starch production, accounting for 22% of total volume. Moreover, maize starch production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8.4% share.

What are the leading suppliers of maize (corn) starch to Puerto Rico?

In value terms, the largest maize starch importing markets into Puerto Rico were Indonesia, France and Malaysia, with a combined 26% share of total imports. Germany, Mexico, the UK, Nigeria, Italy, Taiwan Chinese), the United States, Portugal, Chile and the United Arab Emirates lagged somewhat behind, together comprising a further 33%.

What are the leading importers of maize (corn) starch from Puerto Rico?

In value terms, the largest maize starch supplying countries from Puerto Rico were the United States, Germany and India, with a combined 30% share of total exports. These countries were followed by China, Spain, France, Turkey, Ukraine, Egypt, Brazil, Austria, Serbia and Argentina, which together accounted for a further 43%.

What is the average export price for maize (corn) starch in Puerto Rico?

In 2021, the maize starch export price in Puerto Rico amounted to $less than 0.1 per ton, stabilizing at the previous year.

What is the average import price for maize (corn) starch in Puerto Rico?

The maize starch import price in Puerto Rico stood at $less than 0.1 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the maize starch market in Puerto Rico. 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 10621113 - Maize (corn) starch

Country coverage:

Puerto Rico

Data coverage:

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