Finland - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Finland - 2023
Contents:
- Potato Starch Price in Finland (FOB) - 2023
- Potato Starch Price in Finland (CIF) - 2023
- Potato Starch Exports in Finland
- Potato Starch Imports in Finland
Potato Starch Price in Finland (FOB) - 2023
The average potato starch export price stood at $1,092 per ton in June 2023, flattening at the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 37% month-to-month. The export price peaked at $1,345 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($1,786 per ton), while the average price for exports to the United States ($45.0 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 Estonia (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Starch Price in Finland (CIF) - 2023
The average potato starch import price stood at $1,292 per ton in May 2023, shrinking by -10% against the previous month. Overall, import price indicated a pronounced expansion from May 2022 to May 2023: its price increased at an average monthly rate of +4.8% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on May 2023 figures, potato starch import price decreased by -22.2% against February 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 82% against the previous month. Over the period under review, average import prices attained the peak figure at $1,662 per ton in February 2023; however, from March 2023 to May 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,511 per ton), while the price for Denmark ($1,163 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Starch Exports in Finland
In 2022, the amount of potato starch exported from Finland fell significantly to 6.6K tons, with a decrease of -28% against 2021 figures. In general, exports saw a dramatic curtailment.
In value terms, potato starch exports shrank to $6.4M in 2022. Over the period under review, exports faced a abrupt decline.
| Export of Potato Starch in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 3,016 | 3,023 | 0.2% | ||
| Estonia | 945 | 1,070 | 13.2% | ||
| Germany | 435 | 629 | 44.6% | ||
| Netherlands | 400 | 434 | 8.5% | ||
| United Kingdom | 600 | 328 | -45.3% | ||
| Spain | 306 | 208 | -32.0% | ||
| South Korea | 206 | 117 | -43.2% | ||
| Vietnam | 86.7 | 111 | 28.0% | ||
| Russia | 684 | 102 | -85.1% | ||
| Taiwan (Chinese) | 308 | N/A | 0% | ||
| Others | 290 | 332 | 14.5% | ||
| Total | 7,276 | 6,353 | -12.7% | ||
Top Export Markets for Potato Starch from Finland in 2022:
- United States (2936.4 tons)
- Estonia (1495.7 tons)
- Germany (596.5 tons)
- United Kingdom (407.0 tons)
- Netherlands (307.0 tons)
- Vietnam (147.0 tons)
- South Korea (147.0 tons)
- Russia (146.1 tons)
- Spain (144.2 tons)
Potato Starch Imports in Finland
For the fourth consecutive year, Finland recorded growth in supplies from abroad of potato starch, which increased by 41% to 3.1K tons in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, potato starch imports surged to $3.2M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Potato Starch in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 543 | 559 | 695 | 1,087 | 26.0% |
| Denmark | N/A | N/A | N/A | 1,020 | 0% |
| Austria | 337 | 514 | 641 | 826 | 34.8% |
| Netherlands | 577 | 430 | 471 | 128 | -39.5% |
| Germany | 201 | 110 | 59.5 | 126 | -14.4% |
| Others | 176 | 61.2 | 10.1 | 42.2 | -37.9% |
| Total | 1,834 | 1,674 | 1,877 | 3,230 | 20.8% |
Top Suppliers of Potato Starch to Finland in 2022:
- Denmark (1354.3 tons)
- France (908.0 tons)
- Austria (720.1 tons)
- Netherlands (73.0 tons)
- Germany (44.8 tons)
This report provides an in-depth analysis of the potato starch market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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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