Overview of the Global Market for Starch other than Wheat, Corn or Potato

Market Size for Starch other than Wheat, Corn or Potato

The global market for starch other than wheat, corn or potato surged to $X in 2021, rising by X% against the previous year. Over the period under review, consumption showed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Starch other than Wheat, Corn or Potato

In value terms, production of starch other than wheat, corn or potato totaled $X in 2021 estimated in export price. The total output value 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 in certain years. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, global production of reached the maximum level in 2021 and is likely to continue growth in the near future.

Production By Country

The country with the largest volume of production of starch other than wheat, corn or potato was Thailand (X tons), comprising approx. X% of total volume. Moreover, production of starch other than wheat, corn or potato in Thailand exceeded the figures recorded by the second-largest producer, Vietnam (X tons), twofold.

In Thailand, production of starch other than wheat, corn or potato expanded at an average annual rate of +X% over the period from 2012-2021.

Exports of Starch other than Wheat, Corn or Potato

Exports

In 2021, after two years of growth, there was significant decline in shipments abroad of starch other than wheat, corn or potato, when their volume decreased by -X% to X tons. The total export volume 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 pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, the global exports of attained the maximum at X tons in 2020, and then fell in the following year.

In value terms, exports of starch other than wheat, corn or potato amounted to $X in 2021. Overall, total exports indicated a prominent 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, exports decreased by -X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the global exports of attained the maximum at $X in 2019; afterwards, it flattened through to 2021.

Exports by Country

In 2021, Thailand (X tons) represented the largest exporter of starch other than wheat, corn or potato, constituting X% of total exports. It was distantly followed by Vietnam (X tons), comprising a X% share of total exports. The following exporters - Belgium (X tons) and Indonesia (X tons) - each finished at a X% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to starch other than wheat, corn or potato exports from Thailand stood at +X%. At the same time, Indonesia (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Vietnam experienced a relatively flat trend pattern. While the share of Thailand (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Vietnam (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest starch other than wheat, corn or potato supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of global exports. It was followed by Belgium, with a X% share.

From 2012 to 2021, the average annual growth rate of value in Thailand amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2021, picking up by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a lower figure.

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

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

Imports of Starch other than Wheat, Corn or Potato

Imports

In 2021, global imports of starch other than wheat, corn or potato skyrocketed to X tons, with an increase of X% on the previous year. The total import 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 in certain years. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, global imports of attained the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2021. In general, total imports indicated a resilient 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. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China prevails in potato structure, amounting to X tons, which was near X% of total imports in 2021. It was distantly followed by Taiwan (Chinese) (X tons), comprising a X% share of total imports. The United States (X tons), Japan (X tons), Malaysia (X tons) and the Philippines (X tons) held a relatively small share of total imports.

China was also the fastest-growing in terms of the starch other than wheat, corn or potato imports, with a CAGR of +X% from 2012 to 2021. At the same time, the United States (+X%) and the Philippines (+X%) displayed positive paces of growth. Japan experienced a relatively flat trend pattern. By contrast, Taiwan (Chinese) (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. China (+X p.p.) significantly strengthened its position in terms of the global imports, while Japan, Malaysia and Taiwan (Chinese) saw its share reduced by -X%, -X% and -X% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported starch other than wheat, corn or potato worldwide, comprising X% of global imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In China, imports of starch other than wheat, corn or potato increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Taiwan (Chinese) (+X% per year) and the United States (+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, increasing by X% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X%. Global import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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