Report Update: Apr 1, 2024

China - Residues Of Starch Manufacture - Market Analysis, Forecast, Size, Trends And Insights

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Starch Manufacture Residues Price in China - 2023

Starch Manufacture Residues Price in China (FOB) - 2023

The average starch manufacture residues export price stood at $283 per ton in August 2023, which is down by -10.6% against the previous month. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 11% m-o-m. Over the period under review, the average export prices reached the peak figure at $346 per ton in January 2023; however, from February 2023 to August 2023, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Malaysia ($709 per ton), while the average price for exports to South Korea ($231 per ton) was amongst the lowest.

From September 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+1.1%), while the prices for the other major destinations experienced mixed trend patterns.

Starch Manufacture Residues Price in China (CIF) - 2022

The average starch manufacture residues import price stood at $251 per ton in 2022, growing by 16% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starch manufacture residues import price increased by +114.3% against 2017 indices. The pace of growth was the most pronounced in 2018 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.

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 Cambodia ($255 per ton), while the price for Vietnam ($109 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Starch Manufacture Residues Exports in China

In 2022, overseas shipments of residues of starch manufacture increased by 15% to 1.5M tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch manufacture residues exports surged to $475M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.9% 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 +81.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 27%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Starch Manufacture Residues in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	142	175	180	223	16.2%
Japan	37.5	59.9	90.3	110	43.1%
Indonesia	10.0	17.1	30.9	46.4	66.8%
Vietnam	41.6	32.2	42.6	45.8	3.3%
Malaysia	8.4	9.9	17.5	16.7	25.7%
Others	22.9	26.7	45.9	33.4	13.4%
Total	262	321	408	475	21.9%

Top Export Markets for Starch Manufacture Residues from China in 2022:

South Korea (951.7K tons)
Japan (306.3K tons)
Vietnam (156.1K tons)
Indonesia (61.7K tons)
Malaysia (22.3K tons)

Starch Manufacture Residues Imports in China

In 2022, the amount of residues of starch manufacture imported into China expanded significantly to 114K tons, surging by 9.5% on the previous year. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 115%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, starch manufacture residues imports surged to $29M in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 157%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Starch Manufacture Residues in China (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Thailand	8.2	5.1	16.7	20.6	35.9%
Cambodia	3.2	3.5	5.8	7.9	35.2%
Others	0.1	0.1	N/A	N/A	0.0%
Total	11.5	8.7	22.4	28.6	35.5%

Top Suppliers of Starch Manufacture Residues to China in 2022:

Thailand (82.6K tons)
Cambodia (31.0K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starch manufacture residues market in China. 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 10622000 - Residues of starch manufacture and similar residues

Country coverage:

China

Data coverage:

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