Starches; Inulin Price in Bolivia - 2023

Contents:

1. Starches; Inulin Price in Bolivia (CIF) - 2022
2. Starches; Inulin Price in Bolivia (FOB) - 2022
3. Starches; Inulin Imports in Bolivia
4. Starches; Inulin Exports in Bolivia

Starches; Inulin Price in Bolivia (CIF) - 2022

The average starches; inulin import price stood at $921 per ton in 2022, with an increase of 76% against the previous year. Over the period under review, the import price showed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Paraguay ($984 per ton) and Brazil ($924 per ton), while the price for Argentina ($824 per ton) and the United States ($835 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Starches; Inulin Price in Bolivia (FOB) - 2022

In 2022, the average starches; inulin export price amounted to $1,715 per ton, with an increase of 30% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, starches; inulin export price increased by +88.2% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by 45%. The export price peaked in 2022 and is likely to see gradual growth in years to come.

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 the United States ($2,111 per ton), while the average price for exports to Chile ($283 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 the United States (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Starches; Inulin Imports in Bolivia

In 2022, the amount of starches; inulins imported into Bolivia contracted to 13K tons, falling by -6.6% on the year before. In general, imports showed a deep slump. The smallest decline of -3.5% was in 2020.

In value terms, starches; inulin imports surged to $12M in 2022. Over the period under review, imports, however, posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Starches; Inulin to Bolivia in 2022:

1. Brazil (7.0K tons)
2. Paraguay (3.4K tons)
3. Argentina (2.2K tons)
4. United States (0.2K tons)

Starches; Inulin Exports in Bolivia

In 2022, shipments abroad of starches; inulins decreased by -57.7% to 3 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 603% against the previous year. As a result, the exports attained the peak of 7 tons, and then contracted notably in the following year.

In value terms, starches; inulin exports contracted sharply to $5.1K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 920% against the previous year. As a result, the exports reached the peak of $9.2K, and then declined markedly in the following year.

Top Export Markets for Starches; Inulin from Bolivia in 2022:

1. United States (2266.0 kg)
2. Chile (604.0 kg)
3. Spain (45.0 kg)

Source: IndexBox Market Intelligence Platform