Australia - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Australia - 2023
Contents:
- Potato Starch Price in Australia (CIF) - 2023
- Potato Starch Price in Australia (FOB) - 2022
- Potato Starch Imports in Australia
- Potato Starch Exports in Australia
Potato Starch Price in Australia (CIF) - 2023
The average potato starch import price stood at $1,401 per ton in July 2023, which is down by -6% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.7%. The most prominent rate of growth was recorded in December 2022 an increase of 15% m-o-m. The import price peaked at $1,490 per ton in June 2023, and then contracted in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($2,952 per ton), while the price for Poland ($1,249 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Starch Price in Australia (FOB) - 2022
In 2022, the average potato starch export price amounted to $1,489 per ton, which is down by -30.1% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 an increase of 116%. Over the period under review, the average export prices reached the peak figure at $2,131 per ton in 2021, and then dropped significantly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($1,520 per ton), while the average price for exports to Italy totaled $631 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+2.9%), while the prices for the other major destinations experienced a decline.
Potato Starch Imports in Australia
In 2022, imports of potato starch into Australia shrank slightly to 12K tons, standing approx. at the previous year's figure. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 36%. As a result, imports reached the peak of 12K tons, leveling off in the following year.
In value terms, potato starch imports skyrocketed to $13M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potato Starch in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 4.0 | 3.2 | 3.8 | 5.3 | 9.8% |
| Netherlands | 3.0 | 1.7 | 2.6 | 3.1 | 1.1% |
| Denmark | 1.1 | 1.4 | 1.6 | 2.4 | 29.7% |
| Germany | 0.8 | 1.2 | 1.0 | 1.0 | 7.7% |
| Hong Kong SAR | 1.0 | 0.8 | 1.1 | 0.8 | -7.2% |
| France | 0.4 | 0.2 | 0.3 | 0.1 | -37.0% |
| Others | 0.4 | 0.2 | 0.4 | 0.4 | 0.0% |
| Total | 10.7 | 8.7 | 10.7 | 13.3 | 7.5% |
Top Suppliers of Potato Starch to Australia in 2022:
- Poland (5.2K tons)
- Netherlands (2.8K tons)
- Denmark (2.7K tons)
- Germany (0.9K tons)
- Hong Kong SAR (0.3K tons)
- France (0.1K tons)
Potato Starch Exports in Australia
In 2022, approx. 49 tons of potato starch were exported from Australia; with a decrease of -59.7% against 2021 figures. In general, exports saw a dramatic decrease. The smallest decline of -5.6% was in 2021.
In value terms, potato starch exports declined rapidly to $72K in 2022. Overall, exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 52%.
| Export of Potato Starch in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 52.0 | 133 | 241 | 68.0 | 9.4% |
| Italy | N/A | N/A | N/A | 2.2 | 0% |
| Thailand | 9.5 | N/A | N/A | N/A | 0% |
| China | 200 | 27.9 | N/A | N/A | -86.1% |
| Myanmar | 2.7 | 2.8 | 7.5 | N/A | 66.7% |
| Others | 1.6 | 5.9 | 8.3 | 2.3 | 12.9% |
| Total | 266 | 169 | 257 | 72.4 | -35.2% |
Top Export Markets for Potato Starch from Australia in 2022:
- New Zealand (44.7 tons)
- Italy (3.5 tons)
This report provides an in-depth analysis of the potato starch market in Australia. 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 10621115 - Potato starch
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- 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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