Australia - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Australia - 2023
Contents:
- Maize Starch Price in Australia (CIF) - 2022
- Maize Starch Price in Australia (FOB) - 2022
- Maize Starch Imports in Australia
- Maize Starch Exports in Australia
Maize Starch Price in Australia (CIF) - 2022
The average maize starch import price stood at $978 per ton in 2022, with an increase of 24% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, maize starch import price increased by +76.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 27%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,917 per ton), while the price for South Africa ($564 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Australia (FOB) - 2022
The average maize starch export price stood at $1,728 per ton in 2022, falling by -34% against the previous year. Overall, the export price saw a perceptible downturn. The pace of growth appeared the most rapid in 2021 an increase of 103%. As a result, the export price reached the peak level of $2,619 per ton, and then reduced markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($5,728 per ton), while the average price for exports to New Zealand ($1,604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Starch Imports in Australia
In 2022, approx. 18K tons of maize (corn) starch were imported into Australia; waning by -8.5% against 2021. Overall, imports showed a deep reduction.
In value terms, maize starch imports rose remarkably to $18M in 2022. The total import value increased at an average annual rate of +1.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat 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.
| Import of Maize Starch in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.0 | 5.1 | 3.3 | 5.2 | 37.5% |
| South Africa | 2.4 | 2.3 | 2.4 | 3.1 | 8.9% |
| China | 3.0 | 5.5 | 3.9 | 2.9 | -1.1% |
| New Zealand | 4.0 | 3.1 | 3.6 | 2.8 | -11.2% |
| Turkey | 4.6 | 0.4 | 1.3 | 1.4 | -32.7% |
| India | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Netherlands | 0.6 | 0.3 | 0.5 | 0.5 | -5.9% |
| Others | 0.7 | 1.2 | 0.9 | 1.4 | 26.0% |
| Total | 17.4 | 18.0 | 15.9 | 18.0 | 1.1% |
Top Suppliers of Maize Starch to Australia in 2022:
- South Africa (5.5K tons)
- China (3.4K tons)
- New Zealand (3.1K tons)
- United States (2.7K tons)
- Turkey (1.5K tons)
- India (1.0K tons)
- Netherlands (0.5K tons)
Maize Starch Exports in Australia
In 2022, approx. 69 tons of maize (corn) starch were exported from Australia; with a decrease of -30.9% on 2021 figures. Overall, exports saw a dramatic decrease.
In value terms, maize starch exports contracted significantly to $119K in 2022. In general, exports showed a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 22%.
| Export of Maize Starch in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 159 | 146 | 50.4 | 97.7 | -15.0% |
| Malaysia | 86.9 | 6.6 | 64.7 | 6.6 | -57.7% |
| Ireland | N/A | N/A | 7.0 | 6.4 | -8.6% |
| Philippines | N/A | N/A | 1.5 | 5.5 | 266.7% |
| Papua New Guinea | 17.4 | 12.3 | 21.2 | 2.7 | -46.3% |
| Taiwan (Chinese) | 1,055 | N/A | N/A | 0.2 | -94.3% |
| Thailand | 115 | 38.7 | N/A | N/A | -66.3% |
| Germany | 122 | N/A | N/A | N/A | 0% |
| China | 291 | N/A | 93.4 | N/A | -43.3% |
| United Kingdom | 127 | N/A | N/A | N/A | 0% |
| Japan | 967 | N/A | N/A | N/A | 0% |
| Others | 33.7 | 10.3 | 23.7 | 0.3 | -79.3% |
| Total | 2,975 | 214 | 262 | 119 | -65.8% |
Top Export Markets for Maize Starch from Australia in 2022:
- Taiwan (Chinese) (undefined tons)
- New Zealand (60.9 tons)
- Malaysia (3.0 tons)
- Philippines (2.5 tons)
- Ireland (1.4 tons)
- Papua New Guinea (1.2 tons)
This report provides an in-depth analysis of the maize starch market in Australia. 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 10621113 - Maize (corn) starch
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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
522
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