Russian Federation - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Starch Price in Russia - 2022
Contents:
- Wheat Starch Price in Russia (CIF) - 2022
- Wheat Starch Price in Russia (FOB) - 2022
- Wheat Starch Imports in Russia
- Wheat Starch Exports in Russia
Wheat Starch Price in Russia (CIF) - 2022
In January 2022, the average wheat starch import price amounted to $387 per ton, which is down by -2.9% against the previous month. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2021 an increase of 16% against the previous month. Over the period under review, average import prices attained the peak figure at $427 per ton in June 2021; however, from July 2021 to January 2022, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($819 per ton), while the price for Kazakhstan amounted to $366 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Starch Price in Russia (FOB) - 2022
In January 2022, the average wheat starch export price amounted to $460 per ton, declining by -2.5% against the previous month. Over the last eleven months, it increased at an average monthly rate of +1.3%. The pace of growth appeared the most rapid in August 2021 when the average export price increased by 23% against the previous month. Over the period under review, the average export prices hit record highs at $485 per ton in March 2021; however, from April 2021 to January 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In January 2022, the country with the highest price was Turkey ($498 per ton), while the average price for exports to Belarus ($389 per ton) was amongst the lowest.
From February 2021 to January 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+261.0%), while the prices for the other major destinations experienced more modest paces of growth.
Wheat Starch Imports in Russia
After three years of growth, supplies from abroad of wheat starch decreased by -20.7% to 8.3K tons in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 95%. As a result, imports attained the peak of 11K tons, and then contracted notably in the following year.
In value terms, wheat starch imports declined rapidly to $3.3M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports attained the peak of $4M, and then declined sharply in the following year.
| Import of Wheat Starch in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | N/A | 0.2 | 1.8 | 3.0 | 287.3% |
| Lithuania | 1.8 | 1.8 | 1.7 | 0.3 | -45.0% |
| France | 0.3 | 0.4 | 0.3 | N/A | 0.0% |
| Others | 0.1 | 0.1 | 0.2 | N/A | 41.4% |
| Total | 2.2 | 2.6 | 4.0 | 3.3 | 14.5% |
Top Suppliers of Wheat Starch to Russia in 2022:
- Kazakhstan (7.6K tons)
- Lithuania (0.8K tons)
Wheat Starch Exports in Russia
In 2022, wheat starch exports from Russia shrank significantly to 2.3K tons, which is down by -22.3% on the previous year's figure. In general, exports saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 80% against the previous year. As a result, the exports attained the peak of 2.9K tons, and then shrank markedly in the following year.
In value terms, wheat starch exports contracted sharply to $928K in 2022. Overall, exports saw a perceptible contraction. The pace of growth was the most pronounced in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $1.2M, and then reduced dramatically in the following year.
| Export of Wheat Starch in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 619 | 448 | -27.6% |
| Turkey | N/A | N/A | 15.2 | 407 | 2577.6% |
| Belarus | 0.8 | 54.4 | 110 | 63.6 | 330.0% |
| Kyrgyzstan | 80.9 | 34.6 | 12.2 | 7.4 | -54.9% |
| Kazakhstan | 321 | 276 | 125 | 0.7 | -87.0% |
| Ukraine | 155 | 0.2 | 7.8 | 0.6 | -84.3% |
| Ecuador | N/A | N/A | 89.8 | N/A | 0% |
| Tajikistan | 99.9 | N/A | 57.5 | N/A | -24.1% |
| Uzbekistan | 394 | 246 | 45.1 | N/A | -66.2% |
| Taiwan (Chinese) | N/A | N/A | 44.8 | N/A | 0% |
| Others | N/A | 20.3 | 96.8 | N/A | 376.8% |
| Total | 1,052 | 632 | 1,223 | 928 | -4.1% |
Top Export Markets for Wheat Starch from Russia in 2022:
- United States (1149.7 tons)
- Turkey (923.1 tons)
- Belarus (184.6 tons)
- Kyrgyzstan (18.5 tons)
- Kazakhstan (2.3 tons)
- Ukraine (0.9 tons)
This report provides an in-depth analysis of the wheat starch market in the Russian Federation. 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:
- Russia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Russian Federation
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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