Belgium - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Belgium - 2023
Contents:
- Potato Starch Price in Belgium (CIF) - 2022
- Potato Starch Price in Belgium (FOB) - 2022
- Potato Starch Imports in Belgium
- Potato Starch Exports in Belgium
Potato Starch Price in Belgium (CIF) - 2022
In 2022, the average potato starch import price amounted to $621 per ton, rising by 14% against the previous year. In general, the import price, however, showed a mild decrease. The import price peaked at $772 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,142 per ton), while the price for France ($544 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.
Potato Starch Price in Belgium (FOB) - 2022
In 2022, the average potato starch export price amounted to $734 per ton, with an increase of 20% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. Over the period under review, the average export prices attained the maximum at $789 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($905 per ton) and Vietnam ($866 per ton), while the average price for exports to France ($609 per ton) and the UK ($622 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Starch Imports in Belgium
After three years of growth, supplies from abroad of potato starch decreased by -17.4% to 75K tons in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 189% against the previous year. As a result, imports reached the peak of 90K tons, and then declined notably in the following year.
In value terms, potato starch imports shrank to $46M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 215%. As a result, imports reached the peak of $49M, and then fell in the following year.
| Import of Potato Starch in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.5 | 3.1 | 35.2 | 29.2 | 57.3% |
| Netherlands | 7.5 | 7.4 | 8.8 | 11.3 | 14.6% |
| Germany | 1.5 | 2.0 | 2.5 | 3.3 | 30.1% |
| Denmark | 1.2 | 0.9 | 0.9 | 1.1 | -2.9% |
| Others | 0.9 | 2.1 | 1.8 | 1.5 | 18.6% |
| Total | 18.5 | 15.6 | 49.2 | 46.4 | 35.9% |
Top Suppliers of Potato Starch to Belgium in 2022:
- France (53.6K tons)
- Netherlands (15.3K tons)
- Germany (2.9K tons)
- Denmark (1.4K tons)
Potato Starch Exports in Belgium
For the fourth year in a row, Belgium recorded growth in shipments abroad of potato starch, which increased by 15% to 58K tons in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +89.8% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 38%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, potato starch exports soared to $42M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Potato Starch in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.6 | 4.0 | 4.3 | 8.9 | 77.2% |
| United States | 9.6 | 7.0 | 4.9 | 7.7 | -7.1% |
| Netherlands | 0.9 | 3.8 | 6.5 | 4.9 | 75.9% |
| Spain | 0.1 | 0.6 | 0.5 | 3.3 | 220.8% |
| Italy | 0.5 | 1.1 | 1.5 | 2.7 | 75.4% |
| United Kingdom | 2.7 | 3.0 | 1.9 | 1.6 | -16.0% |
| Turkey | 1.2 | 0.5 | 0.7 | 1.4 | 5.3% |
| Mexico | 0.8 | 0.7 | N/A | 1.3 | 17.6% |
| Vietnam | 1.0 | 0.9 | 0.9 | 1.1 | 3.2% |
| South Korea | 0.5 | 1.2 | 0.3 | 1.1 | 30.1% |
| Poland | 0.1 | 0.5 | 0.5 | 1.0 | 115.4% |
| Germany | 0.1 | 0.3 | 0.6 | 1.0 | 115.4% |
| Ireland | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Others | 4.3 | 5.3 | 7.3 | 5.5 | 8.6% |
| Total | 23.9 | 29.3 | 30.7 | 42.2 | 20.9% |
Top Export Markets for Potato Starch from Belgium in 2022:
- France (14.6K tons)
- United States (8.5K tons)
- Netherlands (7.1K tons)
- Spain (4.6K tons)
- Italy (3.2K tons)
- United Kingdom (2.5K tons)
- Mexico (1.9K tons)
- Turkey (1.6K tons)
- South Korea (1.6K tons)
- Poland (1.5K tons)
- Vietnam (1.3K tons)
- Germany (1.3K tons)
- Ireland (1.1K tons)
This report provides an in-depth analysis of the potato starch market in Belgium. 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:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- 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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