Spain - Potato Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPotato Starch Price in Spain - 2023
Contents:
- Potato Starch Price in Spain (CIF) - 2023
- Potato Starch Price in Spain (FOB) - 2023
- Potato Starch Imports in Spain
- Potato Starch Exports in Spain
Potato Starch Price in Spain (CIF) - 2023
The average potato starch import price stood at $1,222 per ton in June 2023, flattening at the previous month. In general, import price indicated a pronounced expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.2% over the last twelve months. 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 -3.3% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 18% month-to-month. Over the period under review, average import prices attained the peak figure at $1,264 per ton in April 2023; however, from May 2023 to June 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the countries with the highest prices were Latvia ($1,352 per ton) and Denmark ($1,314 per ton), while the price for Belgium ($1,077 per ton) and Poland ($1,077 per ton) were amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Potato Starch Price in Spain (FOB) - 2023
In June 2023, the average potato starch export price amounted to $624 per ton, picking up by 3.1% against the previous month. In general, the export price, however, recorded a slight downturn. The pace of growth was the most pronounced in November 2022 when the average export price increased by 70% against the previous month. Over the period under review, the average export prices hit record highs at $754 per ton in February 2023; however, from March 2023 to June 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was Colombia ($2,326 per ton), while the average price for exports to the UK ($387 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 Portugal (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.
Potato Starch Imports in Spain
In 2022, potato starch imports into Spain rose sharply to 36K tons, surging by 5.7% compared with the previous year. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, potato starch imports soared to $30M in 2022. The total import value increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Potato Starch in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 6.5 | 6.7 | 7.5 | 9.0 | 11.5% |
| Germany | 4.6 | 4.7 | 5.0 | 6.5 | 12.2% |
| France | 3.8 | 7.9 | 5.4 | 6.4 | 19.0% |
| Denmark | 5.7 | 3.2 | 2.7 | 3.2 | -17.5% |
| Austria | 1.4 | 1.4 | 2.0 | 1.7 | 6.7% |
| Poland | 1.7 | 0.5 | 0.8 | 1.0 | -16.2% |
| Belgium | N/A | N/A | N/A | 0.9 | 0% |
| Others | 0.4 | 0.7 | 1.2 | 1.5 | 55.4% |
| Total | 24.0 | 25.1 | 24.7 | 30.1 | 7.8% |
Top Suppliers of Potato Starch to Spain in 2022:
- Netherlands (9.8K tons)
- France (8.2K tons)
- Germany (8.1K tons)
- Denmark (4.1K tons)
- Austria (1.9K tons)
- Belgium (1.3K tons)
- Poland (1.1K tons)
Potato Starch Exports in Spain
In 2022, the amount of potato starch exported from Spain soared to 4.2K tons, jumping by 73% against the previous year. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 87%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, potato starch exports soared to $3M in 2022. Overall, exports continue to indicate resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Potato Starch in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 1,062 | 426 | 336 | 1,464 | 11.3% |
| United Kingdom | 3.5 | 10.9 | 508 | 647 | 469.7% |
| United States | 62.1 | 76.6 | 176 | 481 | 97.9% |
| Cuba | 1,116 | 473 | 310 | 294 | -35.9% |
| Netherlands | 10.4 | 29.3 | 55.8 | 31.8 | 45.1% |
| Others | 98.8 | 63.2 | 92.1 | 101 | 0.7% |
| Total | 2,353 | 1,079 | 1,478 | 3,019 | 8.7% |
Top Export Markets for Potato Starch from Spain in 2022:
- Portugal (1633.3 tons)
- United States (1145.3 tons)
- United Kingdom (983.6 tons)
- Cuba (248.4 tons)
- Netherlands (113.2 tons)
This report provides an in-depth analysis of the potato starch market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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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