U.S. - Inulin - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInulin Price in the United States - 2023
Contents:
- Inulin Price in the United States (CIF) - 2023
- Inulin Price in the United States (FOB) - 2023
- Inulin Imports in the United States
- Inulin Exports in the United States
Inulin Price in the United States (CIF) - 2023
In August 2023, the average inulin import price amounted to $3,374 per ton, almost unchanged from the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 15% against the previous month. The import price peaked at $3,558 per ton in February 2023; however, from March 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($5,983 per ton), while the price for Belgium ($2,515 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Inulin Price in the United States (FOB) - 2023
In August 2023, the average inulin export price amounted to $2,652 per ton, which is down by -22.7% against the previous month. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in December 2022 an increase of 607% against the previous month. Over the period under review, the average export prices reached the maximum at $6,091 per ton in March 2023; however, from April 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Australia ($8,265 per ton), while the average price for exports to Mexico ($2,086 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+28.3%), while the prices for the other major destinations experienced mixed trend patterns.
Inulin Imports in the United States
For the fourth consecutive year, the United States recorded growth in overseas purchases of inulin, which increased by 0.3% to 24K tons in 2022. The total import volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 12% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, inulin imports amounted to $83M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.0% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 28%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Inulin in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 18.7 | 16.7 | 23.8 | 21.9 | 5.4% |
| Belgium | 18.1 | 21.9 | 20.8 | 20.0 | 3.4% |
| Netherlands | 11.1 | 10.6 | 11.9 | 17.8 | 17.0% |
| China | 1.4 | 3.5 | 7.7 | 11.6 | 102.4% |
| Mexico | 6.0 | 5.5 | 11.7 | 10.5 | 20.5% |
| Italy | 0.8 | 1.4 | 0.8 | 0.6 | -9.1% |
| Others | 0.4 | 0.4 | 0.2 | 0.6 | 14.5% |
| Total | 56.4 | 59.9 | 76.9 | 82.9 | 13.7% |
Top Suppliers of Inulin to the United States in 2022:
- Chile (8.1K tons)
- Belgium (6.7K tons)
- Netherlands (4.6K tons)
- China (2.5K tons)
- Mexico (1.8K tons)
- Italy (0.3K tons)
Inulin Exports in the United States
In 2022, approx. 1.7K tons of inulin were exported from the United States; with an increase of 14% against 2021. Overall, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -2.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 59%. As a result, the exports attained the peak of 1.7K tons; afterwards, it flattened through to 2022.
In value terms, inulin exports reduced remarkably to $3.4M in 2022. Over the period under review, exports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2020 when exports increased by 39%.
| Export of Inulin in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.4 | 5.1 | 5.3 | 2.8 | -6.3% |
| Mexico | 0.3 | N/A | 0.1 | 0.3 | 0.0% |
| Australia | N/A | N/A | N/A | 0.1 | 0% |
| Chile | N/A | N/A | N/A | 0.1 | 0% |
| Brazil | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 3.7 | 5.2 | 5.5 | 3.4 | -2.8% |
Top Export Markets for Inulin from the United States in 2022:
- Canada (1300.1 tons)
- Australia (163.0 tons)
- Mexico (66.2 tons)
- Brazil (55.8 tons)
- Chile (27.7 tons)
This report provides an in-depth analysis of the inulin market in the U.S.. 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 10621130 - Inulin
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In September 2022, the inulin price stood at $3,124 per ton (CIF, US), approximately mirroring the previous month.
274
Maize Starch exports reached a significant value of $14M in June 2023.
640
In January 2023, the U.S. maize starch export price surged by 9.2% to $970 per ton. The UK had the highest export price at $2,309 per ton while Mexico had the lowest at $697 per ton. Maize starch exports from the U.S. rose by 6.9% to 17K tons, valued at $16M. Mexico was the main destination, accounting for 64% of total exports, followed by Canada at 3.7K tons. From January 2022 to January 2023, exports to the UK recorded the highest rate of growth at +19.2%.
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In September 2022, the potato starch price per ton amounted to $839.6 (CIF, US), with a decrease of -3% against the previous month.
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In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
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Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
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In September 2022, the inulin price stood at $3,124 per ton (CIF, US), approximately mirroring the previous month.
