Canada: Wheat Starch Market 2024

Wheat Starch Market Size in Canada

The Canadian wheat starch market amounted to $X in 2022, standing approx. at the previous year. Over the period under review, the total consumption indicated mild growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Wheat Starch Production in Canada

In value terms, wheat starch production amounted to $X in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Wheat starch production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Wheat Starch Exports

Exports from Canada

In 2022, the amount of wheat starch exported from Canada rose significantly to X tons, increasing by X% on 2021. Overall, exports posted a notable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, wheat starch exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons) was the main destination for wheat starch exports from Canada, with a X% share of total exports. Moreover, wheat starch exports to the United States exceeded the volume sent to the second major destination, Thailand (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%.

In value terms, the United States ($X) remains the key foreign market for wheat starch exports from Canada, comprising X% of total exports. The second position in the ranking was taken by Thailand ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%.

Export Prices by Country

In 2022, the average wheat starch export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of X%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Thailand stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%).

Wheat Starch Imports

Imports into Canada

In 2022, overseas purchases of wheat starch increased by X% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted buoyant growth. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, wheat starch imports soared to $X in 2022. In general, imports enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, the United States (X tons) constituted the largest supplier of wheat starch to Canada, with a X% share of total imports. Moreover, wheat starch imports from the United States exceeded the figures recorded by the second-largest supplier, China (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

In value terms, the United States ($X) constituted the largest supplier of wheat starch to Canada, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by the Netherlands, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the Netherlands (X% per year).

Import Prices by Country

In 2022, the average wheat starch import price amounted to $X per ton, picking up by X% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat starch import price increased by X% against 2018 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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