China - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

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

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Wheat Starch Price in China - 2023

Contents:

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

Wheat Starch Price in China (CIF) - 2022

In 2022, the average wheat starch import price amounted to $444 per ton, increasing by 3.2% against the previous year. In general, the import price, however, showed a noticeable decrease. The pace of growth was the most pronounced in 2017 when the average import price increased by 22% against the previous year. Over the period under review, average import prices reached the maximum at $716 per ton in 2013; however, from 2014 to 2022, 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 Germany ($659 per ton), while the price for Australia ($428 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.7%), while the prices for the other major suppliers experienced a decline.

Wheat Starch Price in China (FOB) - 2022

In 2022, the average wheat starch export price amounted to $651 per ton, with an increase of 2.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The most prominent rate of growth was recorded in 2017 an increase of 36%. The export price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Canada ($725 per ton) and the Philippines ($686 per ton), while the average price for exports to India ($609 per ton) and Vietnam ($626 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Wheat Starch Imports in China

Wheat starch imports into China fell rapidly to 1.6K tons in 2022, which is down by -85.7% on the year before. Overall, imports saw a sharp contraction. The pace of growth appeared the most rapid in 2021 with an increase of 240%. As a result, imports attained the peak of 12K tons, and then declined sharply in the following year.

In value terms, wheat starch imports declined remarkably to $729K in 2022. In general, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 249% against the previous year. As a result, imports attained the peak of $5M, and then contracted significantly in the following year.

Import of Wheat Starch in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia1,3591,2204,439649-21.8%
Belgium41213330161.0-47.1%
Germany53.68.244.118.9-29.4%
Others19160.1171N/A-5.4%
Total2,0151,4214,954729-28.7%

Top Suppliers of Wheat Starch to China in 2022:

  1. Australia (1517.9 tons)
  2. Belgium (95.7 tons)
  3. Germany (28.7 tons)

Wheat Starch Exports in China

In 2022, approx. 6.3K tons of wheat starch were exported from China; jumping by 188% against 2021. Overall, exports posted significant 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 surged to $4.1M in 2022. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Wheat Starch in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia2611921981,31071.2%
Thailand12823114850958.4%
Singapore70.952.311430161.9%
Indonesia91.981.075.916521.5%
Philippines80.570.413513819.7%
United States94.51791841125.8%
India35.051.823.096.540.2%
Vietnam39.373.524.287.130.4%
Canada12411258.874.8-15.5%
Hong Kong SAR341N/AN/AN/A0%
Others1843634151,28691.2%
Total1,4501,4061,3774,07941.2%

Top Export Markets for Wheat Starch from China in 2022:

  1. Malaysia (1990.2 tons)
  2. Thailand (811.6 tons)
  3. Singapore (473.1 tons)
  4. Indonesia (245.5 tons)
  5. Philippines (201.0 tons)
  6. United States (173.7 tons)
  7. India (158.5 tons)
  8. Vietnam (139.1 tons)
  9. Canada (103.3 tons)

Source: IndexBox Market Intelligence Platform

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

Country coverage:

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:

  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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