India - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

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

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Potato Starch Price in India - 2023

Contents:

  1. Potato Starch Price in India (CIF) - 2023
  2. Potato Starch Price in India (FOB) - 2022
  3. Potato Starch Imports in India
  4. Potato Starch Exports in India

Potato Starch Price in India (CIF) - 2023

The average potato starch import price stood at $1,195 per ton in July 2023, falling by -13.5% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in September 2022 when the average import price increased by 50% against the previous month. Over the period under review, average import prices hit record highs at $1,382 per ton in June 2023, and then declined in the following month.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were the Netherlands ($1,253 per ton) and Denmark ($1,196 per ton), while the price for Poland ($1,097 per ton) and Germany ($1,159 per ton) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Potato Starch Price in India (FOB) - 2022

The average potato starch export price stood at $607 per ton in 2022, rising by 2.4% against the previous year. Overall, the export price, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 472%. As a result, the export price attained the peak level of $9,427 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,686 per ton), while the average price for exports to Saudi Arabia ($484 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+0.9%), while the prices for the other major destinations experienced a decline.

Potato Starch Imports in India

In 2022, overseas purchases of potato starch decreased by -12.7% to 2.2K tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, enjoyed a notable increase. The growth pace was the most rapid in 2020 when imports increased by 86% against the previous year. As a result, imports attained the peak of 3.8K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, potato starch imports reduced to $1.9M in 2022. Overall, imports showed a slight contraction. The growth pace was the most rapid in 2020 when imports increased by 63% against the previous year. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Potato Starch in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark9011,0401,052842-2.2%
France3264963723421.6%
Netherlands355514272329-2.5%
Poland322128310240-9.3%
Belgium14.819642.578.974.7%
Germany27.715157.271.036.9%
United Arab Emirates43.1738N/AN/A1612.3%
Others17.31.615.40.5-69.3%
Total2,0073,2642,1211,903-1.8%

Top Suppliers of Potato Starch to India in 2022:

  1. Denmark (927.2 tons)
  2. Netherlands (372.3 tons)
  3. France (358.0 tons)
  4. Poland (351.7 tons)
  5. Belgium (91.2 tons)
  6. Germany (83.9 tons)

Potato Starch Exports in India

In 2022, potato starch exports from India surged to 786 tons, picking up by 15% against the previous year. Over the period under review, exports saw prominent growth. The growth pace was the most rapid in 2021 when exports increased by 315%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, potato starch exports surged to $477K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.0% 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 +94.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Export of Potato Starch in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2320.833138118.0%
Saudi Arabia81.5N/A55.563.7-7.9%
United States18.41630.915.5-5.6%
Others25.781.917.016.8-13.2%
Total35824540547710.0%

Top Export Markets for Potato Starch from India in 2022:

  1. United Arab Emirates (634.3 tons)
  2. Saudi Arabia (131.8 tons)
  3. United States (9.2 tons)

Source: IndexBox Market Intelligence Platform

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

  • India

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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