Canada - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Canada - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights

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Price for Starch Other than Wheat, Corn or Potato in Canada - 2023

Contents:

  1. Price for Starch Other than Wheat, Corn or Potato in Canada (CIF) - 2023
  2. Price for Starch Other than Wheat, Corn or Potato in Canada (FOB) - 2023
  3. Imports of Starch Other than Wheat, Corn or Potato in Canada
  4. Exports of Starch Other than Wheat, Corn or Potato in Canada

Price for Starch Other than Wheat, Corn or Potato in Canada (CIF) - 2023

In September 2023, the average import price for starch other than wheat, corn or potato amounted to $1,379 per ton, reducing by -12.7% against the previous month. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 46% month-to-month. The import price peaked at $1,804 per ton in January 2023; however, from February 2023 to September 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($2,285 per ton), while the price for Cameroon ($328 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Starch Other than Wheat, Corn or Potato in Canada (FOB) - 2023

In September 2023, the average export price for starch other than wheat, corn or potato amounted to $516 per ton, declining by -2.6% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 17% m-o-m. Over the period under review, the average export prices attained the maximum at $643 per ton in October 2022; however, from November 2022 to September 2023, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In September 2023, the highest price was recorded for prices to Thailand ($594 per ton) and the United States ($546 per ton), while the average price for exports to China ($437 per ton) and Singapore ($470 per ton) were amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Starch Other than Wheat, Corn or Potato in Canada

In 2022, the amount of starch other than wheat, corn or potato imported into Canada rose modestly to 14K tons, picking up by 2.4% compared with 2021 figures. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 7.6%. As a result, imports attained the peak of 14K tons; afterwards, it flattened through to 2022.

In value terms, imports of starch other than wheat, corn or potato skyrocketed to $19M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +62.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 34% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Starch Other than Wheat, Corn or Potato in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand6.46.68.110.819.1%
United States4.02.52.73.3-6.2%
Belgium1.11.01.41.715.6%
ParaguayN/AN/A0.80.80.0%
BrazilN/A0.20.80.558.1%
Taiwan (Chinese)0.40.40.30.57.7%
VietnamN/A0.10.80.4100.0%
Others0.91.21.21.518.6%
Total12.912.016.119.514.8%

Top Suppliers of Starch Other than Wheat, Corn or Potato to Canada in 2022:

  1. Thailand (8.0K tons)
  2. United States (2.4K tons)
  3. Belgium (0.8K tons)
  4. Paraguay (0.6K tons)
  5. Brazil (0.4K tons)
  6. Taiwan (Chinese) (0.3K tons)
  7. Vietnam (0.3K tons)

Exports of Starch Other than Wheat, Corn or Potato in Canada

In 2022, shipments abroad of starch other than wheat, corn or potato increased by 132% to 20K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $11M in 2022. Over the period under review, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Starch Other than Wheat, Corn or Potato in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4.66.15.410.832.9%
South Korea0.40.1N/AN/A-75.0%
Thailand0.80.1N/AN/A-87.5%
Indonesia0.30.6N/AN/A100.0%
Others0.90.50.10.1-51.9%
Total6.97.45.510.916.5%

Top Export Markets for Starch Other than Wheat, Corn or Potato from Canada in 2022:

  1. United States (19.9K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in Canada. 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 10621119 - Starches (including rice, manioc, arrowroot and sago palm pith) (excluding wheat, maize (corn) and potato)

Country coverage:

  • Canada

Data coverage:

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