Brazil - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 3, 2024

Brazil - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights

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Wheat Starch Price in Brazil - 2023

Contents:

  1. Wheat Starch Price in Brazil (CIF) - 2023
  2. Wheat Starch Price in Brazil (FOB) - 2022
  3. Wheat Starch Imports in Brazil
  4. Wheat Starch Exports in Brazil

Wheat Starch Price in Brazil (CIF) - 2023

In July 2023, the average wheat starch import price amounted to $758 per ton, with an increase of 15% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.4%. The growth pace was the most rapid in December 2022 when the average import price increased by 38% month-to-month. The import price peaked at $888 per ton in February 2023; however, from March 2023 to July 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Argentina.

From July 2022 to July 2023, the rate of growth in terms of prices for Argentina amounted to +1.2% per month.

Wheat Starch Price in Brazil (FOB) - 2022

The average wheat starch export price stood at $1,959 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, export price indicated temperate growth from 2018 to 2022: its price increased at an average annual rate of +2.1% over the last four-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat starch export price decreased by -22.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 57%. As a result, the export price reached the peak level of $2,521 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bahamas ($3,200 per ton), while the average price for exports to Hong Kong SAR ($1,250 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahamas (+46.1%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Starch Imports in Brazil

After three years of growth, overseas purchases of wheat starch decreased by -22% to 2.4K tons in 2022. Overall, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 74%.

In value terms, wheat starch imports fell to $1.4M in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 71%.

Import of Wheat Starch in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Argentina4137811,2431,23844.2%
Italy1321352491616.8%
Australia63.899.6N/AN/A56.1%
Others17.151.842.224.012.0%
Total6261,0671,5351,42431.5%

Top Suppliers of Wheat Starch to Brazil in 2022:

  1. Argentina (2212.5 tons)
  2. Italy (120.0 tons)

Wheat Starch Exports in Brazil

In 2022, shipments abroad of wheat starch increased by 950% to 147 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wheat starch exports soared to $288 in 2022. In general, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Wheat Starch in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A95.00%
LiberiaN/A18.017.065.090.0%
NorwayN/AN/AN/A34.00%
BahamasN/A3.0N/A32.0226.6%
Hong Kong SARN/AN/AN/A25.00%
Marshall Islands95.084.0N/A23.0-37.7%
Panama13.074.010.014.02.5%
United Kingdom30.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total13817927.028827.8%

Top Export Markets for Wheat Starch from Brazil in 2022:

  1. Singapore (50.0 kg)
  2. Liberia (25.0 kg)
  3. Norway (20.0 kg)
  4. Hong Kong SAR (20.0 kg)
  5. Marshall Islands (17.0 kg)
  6. Bahamas (10.0 kg)
  7. Panama (5.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wheat starch market in Brazil. 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 10621111 - Wheat starch

Country coverage:

  • Brazil

Data coverage:

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

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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