Hong Kong SAR, China - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Hong Kong SAR - 2023
Contents:
- Maize Starch Price in Hong Kong SAR (CIF) - 2023
- Maize Starch Price in Hong Kong SAR (FOB) - 2023
- Maize Starch Imports in Hong Kong SAR
- Maize Starch Exports in Hong Kong SAR
Maize Starch Price in Hong Kong SAR (CIF) - 2023
In June 2023, the average maize starch import price amounted to $798 per ton, increasing by 11% against the previous month. In general, the import price saw mild growth. The pace of growth was the most pronounced in November 2022 an increase of 17% against the previous month. As a result, import price reached the peak level of $814 per ton. From December 2022 to June 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($1,495 per ton), while the price for India ($491 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Maize Starch Price in Hong Kong SAR (FOB) - 2023
The average maize starch export price stood at $2,096 per ton in June 2023, picking up by 13% against the previous month. Over the period under review, the export price, however, recorded a mild setback. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 29% m-o-m. As a result, the export price reached the peak level of $2,413 per ton. From October 2022 to June 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($2,884 per ton), while the average price for exports to Macao SAR ($1,056 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Starch Imports in Hong Kong SAR
In 2022, imports of maize (corn) starch into Hong Kong SAR dropped to 9.3K tons, waning by -4.9% compared with the year before. Overall, imports showed a noticeable descent. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year.
In value terms, maize starch imports totaled $6.9M in 2022. The total import value increased at an average annual rate of +8.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Maize Starch in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,817 | 2,593 | 2,704 | 3,540 | 7.9% |
| South Korea | 678 | 458 | 711 | 988 | 13.4% |
| India | 20.2 | 6.4 | 27.5 | 687 | 224.0% |
| South Africa | 497 | 409 | 391 | 677 | 10.9% |
| Turkey | 552 | 665 | 1,245 | 541 | -0.7% |
| Bulgaria | N/A | N/A | N/A | 97.2 | 0% |
| Italy | 197 | 157 | 248 | 26.6 | -48.7% |
| Argentina | 131 | 144 | 56.5 | N/A | -34.3% |
| Others | 465 | 293 | 632 | 308 | -12.8% |
| Total | 5,357 | 4,725 | 6,016 | 6,864 | 8.6% |
Top Suppliers of Maize Starch to Hong Kong SAR in 2022:
- China (4.1K tons)
- South Korea (1.6K tons)
- India (1.2K tons)
- South Africa (1.1K tons)
- Turkey (0.9K tons)
- Bulgaria (0.2K tons)
- Italy (0.1K tons)
Maize Starch Exports in Hong Kong SAR
In 2022, the amount of maize (corn) starch exported from Hong Kong SAR contracted to 565 tons, waning by -6.3% against 2021 figures. The total export volume increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of 603 tons, and then contracted in the following year.
In value terms, maize starch exports expanded remarkably to $1.1M in 2022. The total export value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 11% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Maize Starch in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 349 | 292 | 317 | 393 | 4.0% |
| Netherlands | 125 | 136 | 146 | 173 | 11.4% |
| China | 126 | 142 | 215 | 164 | 9.2% |
| United Kingdom | 75.7 | 111 | 86.1 | 128 | 19.1% |
| Australia | 81.2 | 131 | 88.4 | 90.2 | 3.6% |
| Singapore | N/A | N/A | N/A | 49.7 | 0% |
| New Zealand | 18.6 | 50.8 | 56.0 | 30.5 | 17.9% |
| Canada | 21.5 | 7.9 | 19.7 | 14.7 | -11.9% |
| Others | 31.3 | 49.3 | 83.6 | 59.7 | 24.0% |
| Total | 828 | 920 | 1,012 | 1,102 | 10.0% |
Top Export Markets for Maize Starch from Hong Kong SAR in 2022:
- Macao SAR (221.5 tons)
- China (124.3 tons)
- Netherlands (58.2 tons)
- United Kingdom (43.0 tons)
- Australia (42.6 tons)
- Singapore (21.1 tons)
- New Zealand (14.4 tons)
- Canada (13.2 tons)
This report provides an in-depth analysis of the maize starch market in Hong Kong SAR, China. 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:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- 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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The price of Maize Starch in June 2023 was $798 per ton (CIF, Hong Kong), showing an 11% increase compared to the previous month.
1136
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
637
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...
201
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.
273
The price of Maize Starch in June 2023 was $798 per ton (CIF, Hong Kong), showing an 11% increase compared to the previous month.
1136
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
637
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...
201
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.
