Report Update: May 1, 2024

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

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Starch Manufacture Residues Price in Slovakia - 2023

Starch Manufacture Residues Price in Slovakia (FOB) - 2023

In July 2023, the average starch manufacture residues export price amounted to $645 per ton, growing by 48% against the previous month. In general, export price indicated a measured expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, starch manufacture residues export price decreased by -7.8% against May 2023 indices. Over the period under review, the average export prices hit record highs at $699 per ton in May 2023; however, from June 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was France ($1,657 per ton), while the average price for exports to Austria ($243 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Price in Slovakia (CIF) - 2022

The average starch manufacture residues import price stood at $94 per ton in 2022, with a decrease of -51.1% against the previous year. Overall, the import price faced a abrupt decline. The pace of growth was the most pronounced in 2013 when the average import price increased by 67% against the previous year. As a result, import price attained the peak level of $472 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 ($1,015 per ton), while the price for Hungary ($67 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 (+0.7%), while the prices for the other major suppliers experienced a decline.

Starch Manufacture Residues Exports in Slovakia

In 2022, overseas shipments of residues of starch manufacture decreased by -11.6% to 55K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year. As a result, the exports attained the peak of 66K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, starch manufacture residues exports rose notably to $23M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 14%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Starch Manufacture Residues in Slovakia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	3.1	3.4	4.7	6.8	29.9%
Poland	2.7	1.7	2.6	4.8	21.1%
Italy	1.5	1.4	1.7	3.1	27.4%
Denmark	0.2	1.5	1.2	2.1	119.0%
Czech Republic	2.4	2.5	2.2	1.9	-7.5%
Austria	1.1	1.3	1.1	0.9	-6.5%
Hungary	0.1	0.3	0.8	0.9	108.0%
Russia	6.4	4.9	2.9	0.5	-57.3%
Slovenia	0.4	0.2	0.3	0.2	-20.6%
Others	1.4	1.0	3.2	2.2	16.3%
Total	19.3	18.3	20.9	23.5	6.8%

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

Germany (16.3K tons)
Italy (10.7K tons)
Czech Republic (9.2K tons)
Poland (7.2K tons)
Austria (3.6K tons)
Hungary (2.8K tons)
Denmark (1.8K tons)
Slovenia (0.5K tons)
Russia (0.5K tons)

Starch Manufacture Residues Imports in Slovakia

In 2022, the amount of residues of starch manufacture imported into Slovakia soared to 4.9K tons, with an increase of 15% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 28%. As a result, imports reached the peak of 9.3K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, starch manufacture residues imports dropped significantly to $458K in 2022. In general, imports, however, recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of $1.2M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Starch Manufacture Residues in Slovakia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	555	768	457	318	-16.9%
Czech Republic	8.3	55.7	80.3	80.3	113.1%
France	311	213	104	24.8	-57.0%
Others	34.3	168	171	35.1	0.8%
Total	908	1,205	813	458	-20.4%

Top Suppliers of Starch Manufacture Residues to Slovakia in 2022:

France (undefinedK tons)
Hungary (4.7K tons)
Czech Republic (0.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the starch manufacture residues market in Slovakia. 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:

Slovakia

Data coverage:

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