Report Update: May 1, 2024

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

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Potato Starch Price in Ukraine - 2023

Potato Starch Price in Ukraine (CIF) - 2022

The average potato starch import price stood at $961 per ton in 2022, picking up by 50% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($1,729 per ton), while the price for Poland ($776 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Potato Starch Price in Ukraine (FOB) - 2022

The average potato starch export price stood at $843 per ton in 2022, growing by 5.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2013 when the average export price increased by 30%. The export price peaked at $991 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Georgia ($1,695 per ton), while the average price for exports to Poland ($795 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 Israel (+21.2%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Starch Imports in Ukraine

In 2022, the amount of potato starch imported into Ukraine reduced remarkably to 789 tons, with a decrease of -76.8% on 2021. Overall, imports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 53%.

In value terms, potato starch imports fell dramatically to $758K in 2022. In general, imports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of 24%.

Import of Potato Starch in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	211	270	1,085	277	9.5%
Czech Republic	170	134	153	190	3.8%
Denmark	153	218	263	128	-5.8%
Netherlands	3.2	96.8	161	64.2	171.7%
Austria	31.0	62.0	330	62.4	26.3%
Belarus	2,684	835	136	N/A	-77.5%
Others	68.1	129	42.5	37.4	-18.1%
Total	3,320	1,745	2,171	758	-38.9%

Top Suppliers of Potato Starch to Ukraine in 2022:

Poland (357.0 tons)
Denmark (162.1 tons)
Czech Republic (109.7 tons)
Austria (79.6 tons)
Netherlands (64.6 tons)

Potato Starch Exports in Ukraine

In 2022, overseas shipments of potato starch decreased by -0.7% to 989 tons, falling for the second year in a row after two years of growth. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 506%. As a result, the exports attained the peak of 1.4K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, potato starch exports totaled $834K in 2022. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 377% against the previous year. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Potato Starch in Ukraine (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	N/A	N/A	N/A	542	0%
Romania	19.7	N/A	N/A	44.8	31.5%
China	N/A	1,016	687	42.1	-79.6%
Netherlands	N/A	N/A	N/A	33.5	0%
Lithuania	18.0	N/A	N/A	32.4	21.6%
Bulgaria	35.6	N/A	N/A	27.7	-8.0%
Algeria	N/A	N/A	N/A	26.9	0%
Germany	N/A	N/A	N/A	21.4	0%
Moldova	27.7	39.5	18.4	17.2	-14.7%
Azerbaijan	39.7	13.3	18.5	3.8	-54.3%
Others	94.6	54.3	75.2	42.1	-23.7%
Total	235	1,123	799	834	52.5%

Top Export Markets for Potato Starch from Ukraine in 2022:

Poland (681.7 tons)
Romania (47.3 tons)
China (47.3 tons)
Algeria (30.6 tons)
Lithuania (30.6 tons)
Bulgaria (30.6 tons)
Netherlands (27.8 tons)
Germany (25.4 tons)
Moldova (18.3 tons)
Azerbaijan (3.3 tons)

Source: IndexBox Market Intelligence Platform

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

Ukraine

Data coverage:

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