Chile - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Chile - 2023
Contents:
- Maize Starch Price in Chile (CIF) - 2023
- Maize Starch Price in Chile (FOB) - 2022
- Maize Starch Imports in Chile
- Maize Starch Exports in Chile
Maize Starch Price in Chile (CIF) - 2023
In July 2023, the average maize starch import price amounted to $513 per ton, rising by 2% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 4.5% against the previous month. Over the period under review, average import prices attained the maximum at $544 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was Paraguay ($659 per ton), while the price for Argentina stood at $498 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Argentina (+0.0%).
Maize Starch Price in Chile (FOB) - 2022
In 2022, the average maize starch export price amounted to $1,342 per ton, jumping by 142% against the previous year. Over the period under review, the export price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2020 when the average export price increased by 261% against the previous year. The export price peaked at $9,020 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($3,626 per ton), while the average price for exports to Cuba amounted to $1,152 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (+7.8%).
Maize Starch Imports in Chile
After three years of growth, purchases abroad of maize (corn) starch decreased by -9.1% to 47K tons in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% 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 +69.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year.
In value terms, maize starch imports stood at $24M in 2022. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Maize Starch in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 9.9 | 13.9 | 18.3 | 22.0 | 30.5% |
| Paraguay | 1.3 | 3.0 | 4.4 | 1.4 | 2.5% |
| Others | 0.6 | 1.2 | 1.0 | 0.7 | 5.3% |
| Total | 11.8 | 18.1 | 23.7 | 24.1 | 26.9% |
Top Suppliers of Maize Starch to Chile in 2022:
- Argentina (44.3K tons)
- Paraguay (2.1K tons)
Maize Starch Exports in Chile
In 2022, maize starch exports from Chile contracted sharply to 19 tons, with a decrease of -94.3% on the previous year's figure. Over the period under review, exports showed a sharp slump. The growth pace was the most rapid in 2021 when exports increased by 12,435%. As a result, the exports reached the peak of 343 tons, and then declined dramatically in the following year.
In value terms, maize starch exports dropped dramatically to $26K in 2022. In general, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 4,481% against the previous year. As a result, the exports attained the peak of $190K, and then fell markedly in the following year.
| Export of Maize Starch in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cuba | N/A | N/A | 2.4 | 20.5 | 754.2% |
| Bolivia | N/A | N/A | 1.6 | 5.4 | 237.5% |
| Ecuador | N/A | N/A | 186 | N/A | 0% |
| Colombia | 126 | N/A | N/A | N/A | 0% |
| Others | N/A | 4.1 | N/A | N/A | 0% |
| Total | 126 | 4.1 | 190 | 26.0 | -40.9% |
Top Export Markets for Maize Starch from Chile in 2022:
- Cuba (17.8 tons)
- Bolivia (1.5 tons)
This report provides an in-depth analysis of the maize starch market in Chile. 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:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- 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
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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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