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

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

The Spanish market for starch other than wheat, corn or potato expanded notably to $X in 2021, increasing by X% against the previous year. Over the period under review, the total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2013 indices. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

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

In value terms, production of starch other than wheat, corn or potato reduced to $X in 2021 estimated in export price. Overall, the total production indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Production of peaked at $X in 2020, and then fell in the following year.

Exports of Starch other than Wheat, Corn or Potato

Exports from Spain

For the seventh year in a row, Spain recorded growth in overseas shipments of starch other than wheat, corn or potato, which increased by X% to X tons in 2021. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, exports of starch other than wheat, corn or potato expanded significantly to $X in 2021. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

Portugal (X tons), Germany (X tons) and Poland (X tons) were the main destinations of exports of starch other than wheat, corn or potato from Spain, together accounting for X% of total exports.

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

In value terms, Portugal ($X), Germany ($X) and France ($X) appeared to be the largest markets for starch other than wheat, corn or potato exported from Spain worldwide, together accounting for X% of total exports. These countries were followed by Italy, the Netherlands, Poland and Norway, which together accounted for a further X terms of the main countries of destination, Poland, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the average export price for starch other than wheat, corn or potato amounted to $X per ton, increasing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports into Spain

In 2021, imports of starch other than wheat, corn or potato into Spain skyrocketed to X tons, increasing by X% compared with the year before. In general, imports continue to indicate a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato skyrocketed to $X in 2021. Over the period under review, imports posted a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Thailand (X tons), Portugal (X tons) and Paraguay (X tons) were the main suppliers of imports of starch other than wheat, corn or potato to Spain, with a combined X% share of total imports.

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

In value terms, the largest starch other than wheat, corn or potato suppliers to Spain were Belgium ($X), Thailand ($X) and Brazil ($X), with a combined X% share of total imports. Germany, Paraguay, the Netherlands, Portugal, France and Vietnam lagged somewhat behind, together comprising a further X the main suppliers, Portugal, with a CAGR of +X%, saw the highest rates of growth with regard to 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, shrinking by -X% against the previous year. Over the period under review, the import price continues to indicate a mild reduction. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($X per ton), while the price for Portugal ($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 (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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