Report Update Nov 1, 2024

Uzbekistan - Potato Starch - Market Analysis, Forecast, Size, Trends and Insights

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Uzbekistan: Potato Starch Market 2024

Potato Starch Market Size in Uzbekistan

In 2021, the Uzbek potato starch market decreased by -32.4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption saw a sharp slump. Potato starch consumption peaked at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Potato Starch Production in Uzbekistan

In value terms, potato starch production fell to $X in 2021 estimated in export price. Over the period under review, production showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 14% against the previous year. Potato starch production peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Potato Starch Exports

Exports from Uzbekistan

In 2021, after two years of growth, there was significant decline in shipments abroad of potato starch, when their volume decreased by -92.3% to X kg. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 204%. As a result, the exports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, potato starch exports declined sharply to $X in 2021. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 215% against the previous year. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Mongolia (X kg) was the main destination for potato starch exports from Uzbekistan, accounting for a approx. 100% share of total exports.

From 2017 to 2021, the average annual growth rate of volume to Mongolia was relatively modest.

In value terms, Mongolia ($X) emerged as the key foreign market for potato starch exports from Uzbekistan.

From 2017 to 2021, the average annual rate of growth in terms of value to Mongolia was relatively modest.

Export Prices by Country

The average potato starch export price stood at $X per ton in 2021, shrinking by -24.4% against the previous year. In general, the export price saw a precipitous descent. The most prominent rate of growth was recorded in 2020 an increase of 3.6%. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Mongolia.

From 2017 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -49.7% per year.

Potato Starch Imports

Imports into Uzbekistan

In 2021, after two years of growth, there was significant decline in purchases abroad of potato starch, when their volume decreased by -10.9% to X tons. The total import volume increased at an average annual rate of +4.3% over the period from 2017 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when imports increased by 26% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2020, and then contracted in the following year.

In value terms, potato starch imports expanded to $X in 2021. The total import value increased at an average annual rate of +5.7% from 2017 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of 29% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Poland (X tons) constituted the largest potato starch supplier to Uzbekistan, accounting for a 39% share of total imports. Moreover, potato starch imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), tenfold. Denmark (X tons) ranked third in terms of total imports with a 3.4% share.

From 2017 to 2021, the average annual rate of growth in terms of volume from Poland stood at -13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.5% per year) and Denmark (+19.8% per year).

In value terms, Poland ($X) constituted the largest supplier of potato starch to Uzbekistan, comprising 46% of total imports. The second position in the ranking was held by Germany ($X), with a 3.5% share of total imports. It was followed by Denmark, with a 3.2% share.

From 2017 to 2021, the average annual growth rate of value from Poland totaled -9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.7% per year) and Denmark (+33.5% per year).

Import Prices by Country

In 2021, the average potato starch import price amounted to $X per ton, surging by 15% against the previous year. Over the last four-year period, it increased at an average annual rate of +1.4%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Latvia ($X per ton) and Poland ($X per ton), while the price for Germany ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2017 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+11.4%), 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 potato starch in the world?

China remains the largest potato starch consuming country worldwide, accounting for 19% of total volume. Moreover, potato starch consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.3% share.

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

China constituted the country with the largest volume of potato starch production, comprising approx. 19% of total volume. Moreover, potato starch production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.4% share.

What are the leading suppliers of potato starch to Uzbekistan?

In value terms, Poland constituted the largest supplier of potato starch to Uzbekistan, comprising 90% of total imports. The second position in the ranking was occupied by Germany, with a 6.1% share of total imports.

What is the average export price for potato starch in Uzbekistan?

In 2020, the average potato starch export price amounted to $839 per ton, flattening at the previous year.

What is the average import price for potato starch in Uzbekistan?

The average potato starch import price stood at $754 per ton in 2021, growing by 15% against the previous year.

This report provides an in-depth analysis of the potato starch market in Uzbekistan. 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 10621115 - Potato starch

Country coverage:

Uzbekistan

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Uzbekistan
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