Slovakia: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in Slovakia

The Slovak market for starch other than wheat, corn or potato rose rapidly to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Production of Starch other than Wheat, Corn or Potato in Slovakia

In value terms, production of starch other than wheat, corn or potato skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Production of peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from Slovakia

For the third consecutive year, Slovakia recorded decline in shipments abroad of starch other than wheat, corn or potato, which decreased by -X% to X kg in 2021. Overall, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of starch other than wheat, corn or potato contracted notably to $X in 2021. Over the period under review, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

Austria (X kg) was the main destination for exports of starch other than wheat, corn or potato from Slovakia, accounting for a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to Austria exceeded the volume sent to the second major destination, Hungary (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume to Austria stood at +X%.

In value terms, Austria ($X) emerged as the key foreign market for starch other than wheat, corn or potato exports from Slovakia, comprising X% of total exports. The second position in the ranking was held by Hungary ($X), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Austria stood at +X%.

Export Prices by Country

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, picking up by X% against the previous year. Overall, the export price showed a strong expansion. The growth pace was the most rapid in 2020 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Austria ($X per ton), while the average price for exports to Hungary stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+X%).

Imports of Starch other than Wheat, Corn or Potato

Imports into Slovakia

In 2021, imports of starch other than wheat, corn or potato into Slovakia expanded slightly to X tons, with an increase of X% compared with the year before. In general, imports saw a moderate increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of starch other than wheat, corn or potato skyrocketed to $X in 2021. Overall, imports enjoyed a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports of remained at a somewhat lower figure.

Imports by Country

The Czech Republic (X tons), Italy (X tons) and Denmark (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Slovakia, together accounting for X% of total imports.

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

In value terms, the Czech Republic ($X), Italy ($X) and Denmark ($X) appeared to be the largest starch other than wheat, corn or potato suppliers to Slovakia, together comprising X% of total imports.

Among the main suppliers, Italy, with a CAGR of +X%, 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

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, picking up by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :