Wheat Starch Market
Wheat starch market: enjoy recently published statistics secured by an Ai-driven market research platform. Data contain trade, companies, exports, market size, consumption, production, imports, and market prices. There is a breakdown by country, including the U.K., Africa, Latin America, the Middle East, EU, Russia, the U.S., and China. Market trends and outlook to 2030 are also provided in the dashboards.
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Wheat Starch - World's Largest Markets
Rating | Country |
---|---|
1 | China |
2 | Brazil |
3 | Japan |
4 | United States |
5 | Indonesia |
In value terms, China, Brazil and Japan appeared to be the countries with the highest levels of market value in 2020, together comprising 26% of the global market. These countries were followed by the United States, Indonesia, Mexico, India, Ethiopia, Russia, Germany, Nigeria, Bangladesh and Pakistan, which together accounted for a further 32%.
Nigeria recorded the highest growth rate of market size, among the main consuming countries over the period under review, while wheat starch market for the other global leaders experienced more modest paces of growth.
Wheat Starch Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Hungary | 436 | 394 | 276 | -20.4% |
Lithuania | 295 | 314 | 300 | 0.8% |
Netherlands | 428 | 427 | 357 | -8.7% |
Poland | 458 | 442 | 376 | -9.4% |
Singapore | 409 | 415 | 387 | -2.7% |
Australia | 400 | 409 | 387 | -1.6% |
Sweden | 460 | 419 | 390 | -7.9% |
Germany | 500 | 479 | 403 | -10.2% |
France | 446 | 465 | 425 | -2.4% |
Argentina | 438 | 472 | 432 | -0.7% |
Italy | 491 | 481 | 451 | -4.2% |
Average | 426 | 432 | 383 | -5.3% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($451 per ton), while Hungary ($276 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Lithuania, while the other global leaders experienced a decline in the export price figures.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
United States | 727 | 731 | 684 | -3.0% |
Thailand | 449 | 462 | 494 | 4.9% |
South Korea | 262 | 290 | 464 | 33.1% |
United Kingdom | 445 | 465 | 460 | 1.7% |
Belgium | 489 | 487 | 431 | -6.1% |
Netherlands | 438 | 407 | 415 | -2.7% |
France | 469 | 458 | 404 | -7.2% |
Singapore | 417 | 426 | 403 | -1.7% |
Finland | 382 | 398 | 392 | 1.3% |
Indonesia | 381 | 417 | 385 | 0.5% |
Germany | 444 | 436 | 352 | -11.0% |
Poland | 297 | 302 | 332 | 5.7% |
Italy | 349 | 415 | 320 | -4.2% |
Average | 435 | 447 | 417 | -2.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($684 per ton), while Italy ($320 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.
Wheat Starch - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 74 | 78 | 77 | 2.3% |
Netherlands | 40 | 20 | 42 | 2.7% |
United Kingdom | 33 | 31 | 38 | 6.8% |
Poland | 19 | 21 | 25 | 14.1% |
France | 26 | 21 | 22 | -8.6% |
In value terms, the largest wheat starch importing markets worldwide were Germany ($77M), the Netherlands ($42M) and the UK ($38M), with a combined 42% share of global imports. These countries were followed by Poland, France, the United States, Indonesia, Singapore, Finland, Belgium, Italy, South Korea and Thailand, which together accounted for a further 37%.
South Korea (+147.7% per year) saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Wheat Starch - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Germany | 52 | 44 | 47 | -5.7% |
Australia | 64 | 52 | 42 | -18.6% |
Lithuania | 39 | 43 | 38 | -1.5% |
France | 39 | 44 | 34 | -7.3% |
Netherlands | 30 | 29 | 27 | -4.6% |
In value terms, the largest wheat starch supplying countries worldwide were Germany ($47M), Australia ($42M) and Lithuania ($38M), together comprising 48% of global exports. France, the Netherlands, Poland, Singapore, Italy, Argentina, Sweden and Hungary lagged somewhat behind, together accounting for a further 44%.
Among the main exporting countries, Hungary (+1,821.8% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Wheat Starch - Market Forecast
Driven by increasing demand for wheat starch worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Wheat Starch - Product Coverage
- HS 110811 - Starch; wheat
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