Switzerland: Potato Starch Market 2024

Potato Starch Market Size in Switzerland

In 2021, after three years of decline, there was growth in the Swiss potato starch market, when its value increased by 0.3% to $X. In general, consumption continues to indicate a pronounced curtailment. Potato starch consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Potato Starch Production in Switzerland

In value terms, potato starch production fell to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 32% against the previous year. As a result, production attained the peak level of $X, and then fell in the following year.

Potato Starch Exports

Exports from Switzerland

In 2021, the amount of potato starch exported from Switzerland surged to X tons, increasing by 61% on the previous year's figure. Over the period under review, exports, however, continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 148% against the previous year. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, potato starch exports skyrocketed to $X in 2021. Overall, exports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by 100% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Germany (X tons), France (X tons) and Belgium (X tons) were the main destinations of potato starch exports from Switzerland, with a combined 83% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +36.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for potato starch exported from Switzerland were Germany ($X), the United States ($X) and France ($X), with a combined 86% share of total exports.

Among the main countries of destination, the United States, with a CAGR of +23.0%, 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 mixed trend patterns.

Export Prices by Country

The average potato starch export price stood at $X per ton in 2021, with an increase of 14% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Belgium ($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 United States (+0.6%), while the prices for the other major destinations experienced mixed trend patterns.

Potato Starch Imports

Imports into Switzerland

In 2021, approx. X tons of potato starch were imported into Switzerland; remaining relatively unchanged against 2020 figures. Over the period under review, imports continue to indicate a deep reduction. The growth pace was the most rapid in 2013 with an increase of 22% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, potato starch imports reduced slightly to $X in 2021. Overall, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 with an increase of 18%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Austria (X tons), Germany (X tons) and the Czech Republic (X tons) were the main suppliers of potato starch imports to Switzerland, together accounting for 79% of total imports. These countries were followed by France, the Netherlands, Denmark and Belgium, which together accounted for a further 19%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +61.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potato starch suppliers to Switzerland were Germany ($X), Austria ($X) and the Czech Republic ($X), together comprising 76% of total imports. France, the Netherlands, Denmark and Belgium lagged somewhat behind, together comprising a further 20%.

In terms of the main suppliers, Denmark, with a CAGR of +52.1%, recorded 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 potato starch import price amounted to $X per ton, waning by -1.7% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from France ($X per ton) and the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) and Austria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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