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

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

The UK market for starch other than wheat, corn or potato surged to $X in 2021, with an increase of X% against the previous year. In general, the total consumption indicated a resilient 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, consumption increased by +X% against 2017 indices. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Production of Starch other than Wheat, Corn or Potato in the UK

In value terms, production of starch other than wheat, corn or potato stood at $X in 2021 estimated in export price. Overall, production, however, recorded a abrupt downturn. Production of peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports from the UK

Exports of starch other than wheat, corn or potato from the UK reduced dramatically to X tons in 2021, waning by -X% against the previous year. Over the period under review, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of starch other than wheat, corn or potato reduced notably to $X in 2021. Overall, exports, however, posted a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons), Poland (X tons) and the Netherlands (X tons) were the main destinations of exports of starch other than wheat, corn or potato from the UK, together comprising 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 Poland (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 UK were Germany ($X), Poland ($X) and the Netherlands ($X), with a combined X% share of total exports.

Poland, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination 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, shrinking by -X% against the previous year. In general, the export price recorded a slight reduction. The growth pace was the most rapid in 2016 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ireland ($X per ton), while the average price for exports to Poland ($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 Germany (+X%), while the prices for the other major destinations experienced a decline.

Imports of Starch other than Wheat, Corn or Potato

Imports into the UK

In 2021, the amount of starch other than wheat, corn or potato imported into the UK skyrocketed to X tons, with an increase of X% on the previous year's figure. In general, imports enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato expanded remarkably to $X in 2021. Over the period under review, total imports indicated a prominent expansion 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, imports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Imports peaked in 2021 and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Thailand (X tons) constituted the largest starch other than wheat, corn or potato supplier to the UK, 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, Belgium (X tons), eightfold. Germany (X tons) ranked third in terms of total imports with a X% share.

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

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

From 2012 to 2021, the average annual rate of growth in terms of value from Thailand amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Belgium (+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, waning by -X% against the previous year. Overall, the import price saw a noticeable decrease. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 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 Brazil ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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