U.S.: Market for Starch other than Wheat, Corn or Potato 2022

Market Size for Starch other than Wheat, Corn or Potato in the U.S.

In 2021, the U.S. market for starch other than wheat, corn or potato was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed resilient growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from the U.S.

In 2021, approx. X tons of starch other than wheat, corn or potato were exported from the United States; with an increase of X% on the year before. The total export volume 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. Over the period under review, the exports of hit record highs at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2021. The total export 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 exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Mexico (X tons), Canada (X tons) and Thailand (X tons) were the main destinations of exports of starch other than wheat, corn or potato from the United States, together accounting for X% 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 Thailand (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for starch other than wheat, corn or potato exported from the United States were Mexico ($X), Canada ($X) and Thailand ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Thailand, 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

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to Thailand ($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 Canada (+X%), while the prices for the other major destinations experienced a decline.

Imports of Starch other than Wheat, Corn or Potato

Imports into the U.S.

In 2021, imports of starch other than wheat, corn or potato into the United States skyrocketed to X tons, growing by X% on the previous year. In general, total imports indicated strong growth from 2012 to 2021: its volume 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. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. Overall, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Thailand (X tons) constituted the largest supplier of starch other than wheat, corn or potato to the United States, with a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from Thailand exceeded the figures recorded by the second-largest supplier, Brazil (X tons), sixfold. Paraguay (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual growth rate of volume from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Paraguay (+X% per year).

In value terms, Thailand ($X) constituted the largest supplier of starch other than wheat, corn or potato to the United States, comprising X% of total imports. The second position in the ranking was held by Belgium ($X), with an X% share of total imports. It was followed by Brazil, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+X% per year) and Brazil (+X% per year).

Import Prices by Country

In 2021, the average import price for starch other than wheat, corn or potato amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, saw a mild setback. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Belgium ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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