Italy - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Italy - 2023
Contents:
- Potato Starch Price in Italy (CIF) - 2023
- Potato Starch Price in Italy (FOB) - 2022
- Potato Starch Imports in Italy
- Potato Starch Exports in Italy
Potato Starch Price in Italy (CIF) - 2023
The average potato starch import price stood at $1,114 per ton in June 2023, rising by 3.1% against the previous month. In general, import price indicated notable growth from June 2022 to June 2023: its price increased at an average monthly rate of +4.7% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, potato starch import price decreased by -1.4% against April 2023 indices. The pace of growth was the most pronounced in January 2023 when the average import price increased by 14% m-o-m. The import price peaked at $1,130 per ton in April 2023; afterwards, it flattened through to June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Belgium ($5,675 per ton), while the price for the Czech Republic ($827 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Belgium (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Starch Price in Italy (FOB) - 2022
In 2022, the average potato starch export price amounted to $1,357 per ton, growing by 6.7% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, potato starch export price increased by +33.1% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 31%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
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 Slovenia ($1,918 per ton), while the average price for exports to Romania ($778 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 Kuwait (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Starch Imports in Italy
In 2022, the amount of potato starch imported into Italy surged to 66K tons, picking up by 40% against 2021 figures. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, potato starch imports soared to $51M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Potato Starch in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.9 | 10.4 | 10.8 | 17.3 | 20.4% |
| Netherlands | 2.0 | 1.4 | 4.6 | 12.5 | 84.2% |
| Austria | 8.2 | 8.9 | 9.5 | 8.6 | 1.6% |
| Denmark | 4.7 | 4.9 | 4.3 | 5.2 | 3.4% |
| Belgium | 1.9 | 1.0 | 0.5 | 2.7 | 12.4% |
| France | 6.9 | 5.9 | 2.6 | 1.9 | -34.9% |
| Czech Republic | 1.8 | 1.5 | 1.5 | 1.6 | -3.9% |
| Poland | 2.5 | 0.1 | 0.3 | 0.4 | -45.7% |
| Others | 3.0 | 0.1 | 0.3 | 0.4 | -48.9% |
| Total | 40.9 | 34.2 | 34.2 | 50.6 | 7.4% |
Top Suppliers of Potato Starch to Italy in 2022:
- Germany (21.5K tons)
- Netherlands (17.2K tons)
- Austria (11.3K tons)
- Denmark (6.7K tons)
- Belgium (3.8K tons)
- France (2.8K tons)
- Czech Republic (2.3K tons)
- Poland (0.3K tons)
Potato Starch Exports in Italy
In 2022, potato starch exports from Italy soared to 393 tons, jumping by 36% against the previous year's figure. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +27.9% 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 +109.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 81% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, potato starch exports skyrocketed to $533K in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 92%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Potato Starch in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | 93.1 | 123 | 166 | 33.5% |
| United Arab Emirates | 0.2 | 19.3 | 17.1 | 64.3 | 585.1% |
| Portugal | 4.5 | 37.0 | 47.9 | 49.2 | 121.9% |
| Germany | 5.0 | 39.9 | 4.2 | 42.4 | 103.9% |
| France | 38.4 | 50.2 | 52.8 | 38.9 | 0.4% |
| Spain | 15.6 | 9.4 | 28.8 | 22.6 | 13.2% |
| Netherlands | 0.3 | 21.6 | 1.5 | 21.8 | 317.3% |
| Kuwait | N/A | N/A | 8.0 | 18.4 | 130.0% |
| Turkey | N/A | 15.5 | 10.6 | 17.7 | 6.9% |
| Austria | 1.5 | 10.5 | 21.8 | 15.4 | 117.3% |
| Slovenia | 13.3 | 38.1 | 15.0 | 12.7 | -1.5% |
| Romania | 18.7 | 8.2 | 9.6 | 8.9 | -21.9% |
| Saudi Arabia | N/A | N/A | 2.0 | 8.2 | 310.0% |
| Others | 120 | 74.6 | 26.8 | 46.5 | -27.1% |
| Total | 218 | 417 | 369 | 533 | 34.7% |
Top Export Markets for Potato Starch from Italy in 2022:
- Mexico (90.6 tons)
- United Arab Emirates (58.0 tons)
- France (44.2 tons)
- Germany (40.8 tons)
- Portugal (26.3 tons)
- Spain (25.5 tons)
- Netherlands (16.3 tons)
- Kuwait (16.3 tons)
- Turkey (12.0 tons)
- Romania (11.5 tons)
- Austria (11.3 tons)
- Saudi Arabia (8.0 tons)
- Slovenia (6.6 tons)
This report provides an in-depth analysis of the potato starch market in Italy. 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:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- 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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