Uzbekistan - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Uzbekistan - 2023
Contents:
- Maize Starch Price in Uzbekistan (CIF) - 2023
- Maize Starch Price in Uzbekistan (FOB) - 2022
- Maize Starch Imports in Uzbekistan
- Maize Starch Exports in Uzbekistan
Maize Starch Price in Uzbekistan (CIF) - 2023
In May 2023, the average maize starch import price amounted to $531 per ton, reducing by -7.5% against the previous month. Over the period from May 2022 to May 2023, it increased at an average monthly rate of +1.3%. The growth pace was the most rapid in June 2022 when the average import price increased by 16% m-o-m. Over the period under review, average import prices attained the maximum at $682 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In May 2023, the country with the highest price was Russia ($556 per ton), while the price for Kazakhstan stood at $471 per ton.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Kazakhstan (+0.8%).
Maize Starch Price in Uzbekistan (FOB) - 2022
In 2022, the average maize starch export price amounted to $447 per ton, with a decrease of -18.5% against the previous year. Over the period under review, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 40% against the previous year. As a result, the export price attained the peak level of $819 per ton. From 2020 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($517 per ton), while the average price for exports to Tajikistan ($425 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-7.7%), while the prices for the other major destinations experienced a decline.
Maize Starch Imports in Uzbekistan
Maize starch imports into Uzbekistan soared to 17K tons in 2022, surging by 39% on 2021. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, maize starch imports surged to $8.7M in 2022. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 52%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Maize Starch in Uzbekistan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.3 | 2.4 | 3.6 | 5.2 | 31.2% |
| Kazakhstan | 1.9 | 1.9 | 3.3 | 3.4 | 21.4% |
| South Korea | 0.3 | 0.2 | 0.3 | N/A | 0.0% |
| Others | 0.1 | 0.3 | 0.1 | 0.1 | 0.0% |
| Total | 4.6 | 4.8 | 7.2 | 8.7 | 23.7% |
Top Suppliers of Maize Starch to Uzbekistan in 2022:
- Russia (9.5K tons)
- Kazakhstan (7.0K tons)
Maize Starch Exports in Uzbekistan
For the fourth year in a row, Uzbekistan recorded growth in shipments abroad of maize (corn) starch, which increased by 119% to 1K tons in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, maize starch exports skyrocketed to $458K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Maize Starch in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | N/A | N/A | 27.3 | 276 | 911.0% |
| Turkmenistan | 32.9 | 82.5 | 54.4 | 113 | 50.9% |
| Tajikistan | 93.2 | 74.7 | 174 | 68.7 | -9.7% |
| Others | N/A | 8.8 | 0.1 | N/A | -98.9% |
| Total | 126 | 166 | 256 | 458 | 53.8% |
Top Export Markets for Maize Starch from Uzbekistan in 2022:
- Afghanistan (643.0 tons)
- Turkmenistan (219.0 tons)
- Tajikistan (161.4 tons)
This report provides an in-depth analysis of the maize starch market in Uzbekistan. 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:
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Uzbekistan
- 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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