Romania - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Romania - 2023
Contents:
- Maize Starch Price in Romania (FOB) - 2023
- Maize Starch Price in Romania (CIF) - 2023
- Maize Starch Exports in Romania
- Maize Starch Imports in Romania
Maize Starch Price in Romania (FOB) - 2023
The average maize starch export price stood at $927 per ton in June 2023, which is down by -7.2% against the previous month. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average export price increased by 26% against the previous month. As a result, the export price attained the peak level of $1,084 per ton. From December 2022 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($1,498 per ton), while the average price for exports to Bulgaria ($577 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 the Netherlands (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Starch Price in Romania (CIF) - 2023
The average maize starch import price stood at $897 per ton in June 2023, with an increase of 1.8% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 23% against the previous month. As a result, import price reached the peak level of $990 per ton. From February 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($1,978 per ton), while the price for Serbia ($686 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 Austria (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Exports in Romania
In 2022, exports of maize (corn) starch from Romania soared to 57K tons, picking up by 226% compared with 2021 figures. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, maize starch exports soared to $54M in 2022. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Maize Starch in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | 0.4 | 2.4 | 9.0 | 348.1% |
| Italy | 2.6 | 0.5 | 1.7 | 7.9 | 44.8% |
| Portugal | N/A | N/A | N/A | 7.2 | 0% |
| Netherlands | 0.6 | 1.3 | 1.8 | 4.7 | 98.6% |
| Spain | N/A | N/A | 0.1 | 3.5 | 3400.0% |
| France | N/A | N/A | N/A | 3.3 | 0% |
| Bulgaria | 0.6 | 0.6 | 0.6 | 3.3 | 76.5% |
| Greece | 1.1 | 1.2 | 1.4 | 3.2 | 42.8% |
| Austria | 2.2 | 0.7 | 0.6 | 2.5 | 4.4% |
| United Kingdom | 0.3 | 0.8 | 0.3 | 1.5 | 71.0% |
| Morocco | N/A | N/A | N/A | 0.9 | 0% |
| Ireland | N/A | N/A | N/A | 0.9 | 0% |
| Serbia | 0.2 | 0.1 | N/A | 0.8 | 58.7% |
| Others | 0.4 | 0.6 | 2.6 | 5.7 | 142.4% |
| Total | 8.2 | 6.2 | 11.6 | 54.5 | 88.0% |
Top Export Markets for Maize Starch from Romania in 2022:
- Italy (10.2K tons)
- Germany (7.5K tons)
- Portugal (7.3K tons)
- Netherlands (4.8K tons)
- Bulgaria (4.5K tons)
- Greece (4.4K tons)
- Spain (3.5K tons)
- Austria (2.5K tons)
- France (1.9K tons)
- United Kingdom (1.4K tons)
- Morocco (1.1K tons)
- Serbia (1.0K tons)
- Ireland (0.9K tons)
Maize Starch Imports in Romania
In 2022, supplies from abroad of maize (corn) starch decreased by -7.4% to 9.1K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of 9.8K tons, and then dropped in the following year.
In value terms, maize starch imports skyrocketed to $7.7M in 2022. Overall, imports, however, recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Maize Starch in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bulgaria | 1,553 | 1,757 | 1,925 | 3,280 | 28.3% |
| Serbia | 1,060 | 986 | 1,740 | 1,862 | 20.7% |
| Germany | 609 | 647 | 813 | 1,251 | 27.1% |
| Italy | 207 | 236 | 297 | 575 | 40.6% |
| Austria | 98.8 | 117 | 60.4 | 185 | 23.3% |
| Others | 403 | 322 | 384 | 573 | 12.4% |
| Total | 3,931 | 4,065 | 5,220 | 7,725 | 25.3% |
Top Suppliers of Maize Starch to Romania in 2022:
- Bulgaria (4.4K tons)
- Serbia (2.3K tons)
- Germany (1.2K tons)
- Italy (0.5K tons)
- Austria (0.1K tons)
This report provides an in-depth analysis of the maize starch market in Romania. 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:
- Romania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Romania
- 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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