Report Update: May 1, 2024

Ecuador - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights

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Potato Starch Price in Ecuador - 2022

Potato Starch Price in Ecuador (CIF) - 2022

In January 2022, the average potato starch import price amounted to $780 per ton, increasing by 1.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2021 an increase of 13% against the previous month. The import price peaked in January 2022.

Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was Germany ($799 per ton), while the price for the Netherlands ($685 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Poland (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Potato Starch Price in Ecuador (FOB) - 2022

In 2022, the average potato starch export price amounted to $943 per ton, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.6%. The growth pace was the most rapid in 2017 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,181 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +1.6% per year.

Potato Starch Imports in Ecuador

After three years of growth, supplies from abroad of potato starch decreased by -15.4% to 1.4K tons in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +14.0% 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 increased by +48.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of 1.6K tons, and then contracted rapidly in the following year.

In value terms, potato starch imports reduced to $1M in 2022. The total import value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, imports attained the peak of $1.1M, and then fell in the following year.

Import of Potato Starch in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	158	400	238	152	-1.3%
Denmark	111	92.5	217	125	4.0%
Netherlands	155	85.6	156	89.6	-16.7%
Poland	98.2	45.4	93.8	59.6	-15.3%
Mexico	163	144	70.1	57.6	-29.3%
France	16.7	16.2	23.2	13.3	-7.3%
Belgium	16.0	17.3	14.6	10.2	-13.9%
Austria	48.7	6.8	9.6	9.8	-41.4%
United States	47.4	54.2	25.1	5.0	-52.8%
Others	15.8	5.2	294	482	212.5%
Total	830	867	1,141	1,004	6.5%

Top Suppliers of Potato Starch to Ecuador in 2022:

Germany (220.9 tons)
Denmark (175.5 tons)
Netherlands (128.0 tons)
Poland (83.9 tons)
Mexico (78.9 tons)
France (17.6 tons)
Belgium (16.0 tons)
Austria (11.0 tons)
United States (5.5 tons)

Potato Starch Exports in Ecuador

After three years of growth, overseas shipments of potato starch decreased by -0.2% to 72 tons in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 173% against the previous year.

In value terms, potato starch exports shrank modestly to $68K in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 118%.

Export of Potato Starch in Ecuador (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	31.2	68.0	68.3	68.1	29.7%
Others	N/A	N/A	N/A	N/A	0%
Total	31.2	68.0	68.3	68.1	29.7%

Top Export Markets for Potato Starch from Ecuador in 2022:

United States (72.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the potato starch market in Ecuador. 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:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023