U.S. - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Starch Other than Wheat, Corn or Potato in the United States - 2023
Contents:
- Price for Starch Other than Wheat, Corn or Potato in the United States (CIF) - 2023
- Price for Starch Other than Wheat, Corn or Potato in the United States (FOB) - 2023
- Imports of Starch Other than Wheat, Corn or Potato in the United States
- Exports of Starch Other than Wheat, Corn or Potato in the United States
Price for Starch Other than Wheat, Corn or Potato in the United States (CIF) - 2023
In September 2023, the average import price for starch other than wheat, corn or potato amounted to $794 per ton, rising by 4.7% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 21% against the previous month. The import price peaked at $995 per ton in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Belgium ($2,066 per ton), while the price for Canada ($528 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Brazil (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Starch Other than Wheat, Corn or Potato in the United States (FOB) - 2023
In September 2023, the average export price for starch other than wheat, corn or potato amounted to $1,719 per ton, growing by 6.6% against the previous month. Over the period from October 2022 to September 2023, it increased at an average monthly rate of +4.1%. The pace of growth was the most pronounced in December 2022 when the average export price increased by 11% m-o-m. The export price peaked in September 2023.
There were significant differences in the average prices for the major foreign markets. In September 2023, the country with the highest price was the Netherlands ($3,703 per ton), while the average price for exports to Germany ($1,132 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Starch Other than Wheat, Corn or Potato in the United States
In 2022, the amount of starch other than wheat, corn or potato imported into the United States rose sharply to 191K tons, surging by 14% on the previous year. The total import volume increased at an average annual rate of +6.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of starch other than wheat, corn or potato skyrocketed to $150M in 2022. Over the period under review, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Starch Other than Wheat, Corn or Potato in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 91.0 | 63.5 | 63.6 | 86.8 | -1.6% |
| Belgium | 13.0 | 11.5 | 13.7 | 15.2 | 5.3% |
| Canada | 4.2 | 5.5 | 4.3 | 9.8 | 32.6% |
| Brazil | 4.5 | 5.2 | 11.7 | 9.0 | 26.0% |
| Paraguay | 1.2 | 0.1 | 8.9 | 7.6 | 85.0% |
| Nicaragua | N/A | 0.7 | 4.2 | 5.2 | 172.6% |
| Vietnam | 1.2 | 2.0 | 2.4 | 3.8 | 46.8% |
| Germany | 7.6 | 3.3 | 4.8 | 3.4 | -23.5% |
| Others | 10.4 | 5.5 | 8.4 | 8.9 | -5.1% |
| Total | 133 | 97.3 | 122 | 150 | 4.1% |
Top Suppliers of Starch Other than Wheat, Corn or Potato to the United States in 2022:
- Thailand (126.1K tons)
- Canada (19.1K tons)
- Brazil (10.1K tons)
- Belgium (8.7K tons)
- Paraguay (8.6K tons)
- Nicaragua (5.7K tons)
- Vietnam (4.1K tons)
- Germany (2.9K tons)
Exports of Starch Other than Wheat, Corn or Potato in the United States
In 2022, exports of starch other than wheat, corn or potato from the United States rose remarkably to 19K tons, increasing by 11% compared with 2021 figures. The total export volume increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, exports of starch other than wheat, corn or potato skyrocketed to $23M in 2022. In general, total exports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 32% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
| Export of Starch Other than Wheat, Corn or Potato in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 6.4 | 5.6 | 7.9 | 10.2 | 16.8% |
| Canada | 6.1 | 4.8 | 6.9 | 9.3 | 15.1% |
| Thailand | 0.1 | 0.7 | 1.0 | 0.8 | 100.0% |
| Dominican Republic | 0.6 | 0.3 | 0.6 | 0.4 | -12.6% |
| China | 1.0 | 0.1 | 0.2 | 0.1 | -53.6% |
| Others | 3.6 | 2.7 | 2.0 | 2.4 | -12.6% |
| Total | 17.9 | 14.2 | 18.6 | 23.3 | 9.2% |
Top Export Markets for Starch Other than Wheat, Corn or Potato from the United States in 2022:
- Mexico (8.3K tons)
- Canada (7.1K tons)
- Thailand (1.5K tons)
- China (0.2K tons)
- Dominican Republic (0.2K tons)
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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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Maize Starch exports reached a significant value of $14M in June 2023.
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In January 2023, the U.S. maize starch export price surged by 9.2% to $970 per ton. The UK had the highest export price at $2,309 per ton while Mexico had the lowest at $697 per ton. Maize starch exports from the U.S. rose by 6.9% to 17K tons, valued at $16M. Mexico was the main destination, accounting for 64% of total exports, followed by Canada at 3.7K tons. From January 2022 to January 2023, exports to the UK recorded the highest rate of growth at +19.2%.
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In September 2022, the potato starch price per ton amounted to $839.6 (CIF, US), with a decrease of -3% against the previous month.
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In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
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In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
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In September 2022, the inulin price stood at $3,124 per ton (CIF, US), approximately mirroring the previous month.
