U.S. - Wheat Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWheat Starch Price in the United States - 2023
Contents:
- Wheat Starch Price in the United States (CIF) - 2023
- Wheat Starch Price in the United States (FOB) - 2023
- Wheat Starch Imports in the United States
- Wheat Starch Exports in the United States
Wheat Starch Price in the United States (CIF) - 2023
In August 2023, the average wheat starch import price amounted to $751 per ton, which is down by -8.1% against the previous month. Overall, the import price continues to indicate a slight setback. The pace of growth appeared the most rapid in July 2023 when the average import price increased by 24% m-o-m. The import price peaked at $928 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Canada ($2,159 per ton), while the price for Australia ($507 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Canada (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wheat Starch Price in the United States (FOB) - 2023
In August 2023, the average wheat starch export price amounted to $1,643 per ton, with an increase of 43% against the previous month. In general, export price indicated a measured increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, wheat starch export price decreased by -12.7% against May 2023 indices. The pace of growth appeared the most rapid in April 2023 an increase of 46% month-to-month. The export price peaked at $1,885 per ton in February 2023; however, from March 2023 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Colombia ($1,916 per ton), while the average price for exports to Mexico ($1,098 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+16.9%), while the prices for the other major destinations experienced mixed trend patterns.
Wheat Starch Imports in the United States
In 2022, supplies from abroad of wheat starch decreased by -2.7% to 32K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 11%. As a result, imports reached the peak of 33K tons, and then shrank in the following year.
In value terms, wheat starch imports soared to $22M in 2022. The total import value increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Wheat Starch in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 4.8 | 5.1 | 4.8 | 8.3 | 20.0% |
| Canada | 4.2 | 3.4 | 5.2 | 7.5 | 21.3% |
| Germany | 8.9 | 7.2 | 5.0 | 3.1 | -29.6% |
| Kazakhstan | N/A | N/A | N/A | 0.8 | 0% |
| Russia | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Belgium | N/A | 0.1 | 1.3 | 0.2 | 41.4% |
| Others | 2.4 | 1.6 | 1.8 | 1.2 | -20.6% |
| Total | 20.3 | 17.4 | 18.4 | 21.5 | 1.9% |
Top Suppliers of Wheat Starch to the United States in 2022:
- Australia (16.4K tons)
- Canada (8.4K tons)
- Germany (2.9K tons)
- Kazakhstan (1.9K tons)
- Belgium (0.9K tons)
- Russia (0.8K tons)
Wheat Starch Exports in the United States
In 2022, approx. 4.3K tons of wheat starch were exported from the United States; growing by 29% against the year before. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 32%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, wheat starch exports soared to $4.6M in 2022. Over the period under review, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wheat Starch in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 675 | 1,557 | 1,786 | 2,355 | 51.7% |
| Canada | 308 | 57.6 | 918 | 1,698 | 76.7% |
| China | N/A | N/A | N/A | 130 | 0% |
| Japan | 164 | 94.1 | 127 | 111 | -12.2% |
| Guatemala | 526 | 577 | 51.5 | N/A | -68.7% |
| Others | 372 | 235 | 265 | 265 | -10.7% |
| Total | 2,045 | 2,521 | 3,148 | 4,559 | 30.6% |
Top Export Markets for Wheat Starch from the United States in 2022:
- Mexico (2615.1 tons)
- Canada (1216.4 tons)
- China (202.1 tons)
- Japan (74.1 tons)
This report provides an in-depth analysis of the wheat starch market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
-
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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In August 2022, the wheat starch price per ton stood at $927.8 (CIF, US), which is down by -2% against the previous month.
614
In Apr 2022, the US wheat starch import price amounted to $744 per ton, rising by 33% against the previous month. Over the last fifteen - month period, it increased at an average monthly rate of +37.0%.
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In September 2022, the inulin price stood at $3,124 per ton (CIF, US), approximately mirroring the previous month.
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In January 2023, the U.S. maize starch export price surged by 9.2% to $970 per ton. The UK had the highest export price at $2,309 per ton while Mexico had the lowest at $697 per ton. Maize starch exports from the U.S. rose by 6.9% to 17K tons, valued at $16M. Mexico was the main destination, accounting for 64% of total exports, followed by Canada at 3.7K tons. From January 2022 to January 2023, exports to the UK recorded the highest rate of growth at +19.2%.
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In September 2022, the potato starch price per ton amounted to $839.6 (CIF, US), with a decrease of -3% against the previous month.
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In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
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In August 2022, the wheat starch price per ton stood at $927.8 (CIF, US), which is down by -2% against the previous month.
