Ireland - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Ireland - 2023
Contents:
- Maize Starch Price in Ireland (CIF) - 2023
- Maize Starch Price in Ireland (FOB) - 2023
- Maize Starch Imports in Ireland
- Maize Starch Exports in Ireland
Maize Starch Price in Ireland (CIF) - 2023
In June 2023, the average maize starch import price amounted to $2,093 per ton, increasing by 33% against the previous month. Over the period under review, the import price posted a tangible increase. The growth pace was the most rapid in January 2023 when the average import price increased by 126% m-o-m. As a result, import price attained the peak level of $2,907 per ton. From February 2023 to June 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($7,906 per ton), while the price for the Netherlands ($1,464 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 France (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Price in Ireland (FOB) - 2023
The average maize starch export price stood at $2,454 per ton in June 2023, reducing by -13.1% against the previous month. In general, export price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, maize starch export price decreased by -26.0% against March 2023 indices. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 67% against the previous month. The export price peaked at $3,315 per ton in March 2023; however, from April 2023 to June 2023, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the UK.
From June 2022 to June 2023, the rate of growth in terms of prices for the UK amounted to +2.5% per month.
Maize Starch Imports in Ireland
In 2022, approx. 3.8K tons of maize (corn) starch were imported into Ireland; rising by 16% compared with the year before. Overall, imports, however, showed a relatively flat trend pattern.
In value terms, maize starch imports soared to $4.6M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.7% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 66% against the previous year. As a result, imports reached the peak of $5.6M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Maize Starch in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 322 | 552 | 825 | 1,354 | 61.4% |
| Germany | 616 | 2,197 | 527 | 1,044 | 19.2% |
| Belgium | N/A | N/A | 759 | 891 | 17.4% |
| Netherlands | 33.5 | 55.6 | 129 | 191 | 78.6% |
| United Kingdom | 1,847 | 2,083 | 161 | 168 | -55.0% |
| Spain | 135 | N/A | 4.5 | 5.1 | -66.4% |
| Others | 420 | 727 | 728 | 910 | 29.4% |
| Total | 3,373 | 5,614 | 3,135 | 4,563 | 10.6% |
Top Suppliers of Maize Starch to Ireland in 2022:
- France (1667.6 tons)
- Belgium (1041.1 tons)
- Germany (671.4 tons)
- Netherlands (200.8 tons)
- United Kingdom (108.7 tons)
- Spain (2.7 tons)
Maize Starch Exports in Ireland
For the fourth consecutive year, Ireland recorded growth in shipments abroad of maize (corn) starch, which increased by 30% to 726 tons in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 144% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, maize starch exports skyrocketed to $1.3M in 2022. In general, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Maize Starch in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 277 | 473 | 698 | 1,247 | 65.1% |
| Italy | N/A | N/A | 45.0 | 37.5 | -16.7% |
| Others | 1.2 | 4.9 | 0.9 | 27.5 | 184.0% |
| Total | 278 | 478 | 744 | 1,312 | 67.7% |
Top Export Markets for Maize Starch from Ireland in 2022:
- United Kingdom (705.5 tons)
- Italy (13.3 tons)
This report provides an in-depth analysis of the maize starch market in Ireland. 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:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ireland
- 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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