Report Update Nov 1, 2024

United Kingdom - Wheat Starch - Market Analysis, Forecast, Size, Trends and Insights

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United Kingdom: Wheat Starch Market 2024

Wheat Starch Market Size in the UK

The UK wheat starch market dropped to $X in 2021, with a decrease of -8.3% against the previous year. In general, consumption recorded a perceptible reduction. Wheat starch consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wheat Starch Production in the UK

In value terms, wheat starch production shrank to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2015 when the production volume increased by 92% against the previous year. Wheat starch production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Wheat Starch Exports

Exports from the UK

In 2021, approx. X tons of wheat starch were exported from the UK; reducing by -85% on the year before. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by 1,039%. The exports peaked at X tons in 2020, and then fell rapidly in the following year.

In value terms, wheat starch exports fell sharply to $X in 2021. In general, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 368% against the previous year. The exports peaked at $X in 2020, and then fell notably in the following year.

Exports by Country

Switzerland (X tons) was the main destination for wheat starch exports from the UK, with a 97% share of total exports. It was followed by Germany (X tons), with a 0.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland totaled -68.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+16.9% per year) and Ireland (-25.1% per year).

In value terms, Switzerland ($X) remains the key foreign market for wheat starch exports from the UK, comprising 88% of total exports. The second position in the ranking was taken by Ireland ($X), with a 0.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Switzerland amounted to -66.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ireland (-33.0% per year) and Germany (+8.5% per year).

Export Prices by Country

In 2021, the average wheat starch export price amounted to $X per ton, growing by 18% against the previous year. In general, the export price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 37% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Ireland ($X per ton), while the average price for exports to Germany ($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 Switzerland (+6.0%), while the prices for the other major destinations experienced a decline.

Wheat Starch Imports

Imports into the UK

In 2021, imports of wheat starch into the UK plummeted to X tons, reducing by -26.8% on the year before. In general, imports recorded a pronounced descent. The pace of growth was the most pronounced in 2014 when imports increased by 36% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, wheat starch imports contracted to $X in 2021. Over the period under review, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 when imports increased by 22% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), Belgium (X tons) and Italy (X tons) were the main suppliers of wheat starch imports to the UK, together accounting for 78% of total imports. These countries were followed by Germany, the Netherlands and Ireland, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were recorded for Ireland (with a CAGR of +149.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest wheat starch suppliers to the UK were France ($X), Belgium ($X) and Italy ($X), together accounting for 74% of total imports. These countries were followed by Germany, the Netherlands and Ireland, which together accounted for a further 26%.

Among the main suppliers, Ireland, with a CAGR of +185.4%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average wheat starch import price amounted to $X per ton, increasing by 25% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wheat starch in the world?

China remains the largest wheat starch consuming country worldwide, comprising approx. 16% of total volume. Moreover, wheat starch consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Germany, with a 4.6% share.

What are the largest producers of wheat starch in the world?

China constituted the country with the largest volume of wheat starch production, accounting for 16% of total volume. Moreover, wheat starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 4.1% share.

What are the leading suppliers of wheat starch to the UK?

In value terms, the largest wheat starch suppliers to the UK were France, Belgium and Italy, together comprising 74% of total imports. These countries were followed by Germany, the Netherlands and Ireland, which together accounted for a further 26%.

What are the leading importers of wheat starch from the UK?

In value terms, Switzerland remains the key foreign market for wheat starch exports from the UK.

What is the average export price for wheat starch in the UK?

The average wheat starch export price stood at $473 per ton in 2021, stabilizing at the previous year.

What is the average import price for wheat starch in the UK?

The average wheat starch import price stood at $565 per ton in 2021, growing by 23% against the previous year.

This report provides an in-depth analysis of the wheat starch market in the UK. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10621111 - Wheat starch

Country coverage:

United Kingdom

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the UK
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023