CIS: Maltodextrine Market 2024

Maltodextrine Market Size in CIS

In 2023, the CIS maltodextrine market increased by X% to $X, rising for the second consecutive year after three years of decline. In general, consumption, however, saw a noticeable shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2023, the growth of the market remained at a lower figure.

Maltodextrine Production in CIS

In value terms, maltodextrine production amounted to $X in 2023 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, production attained the peak level at $X in 2021; afterwards, it flattened through to 2023.

Maltodextrine Exports

Exports in CIS

After five years of growth, overseas shipments of maltodextrine and maltodextine syrup decreased by X% to X tons in 2023. Over the period under review, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2022, and then contracted in the following year.

In value terms, maltodextrine exports contracted slightly to $X in 2023. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of export peaked at $X in 2022, and then reduced slightly in the following year.

Exports by Country

The shipments of the one major exporters of maltodextrine and maltodextine syrup, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the maltodextrine and maltodextine syrup exports, with a CAGR of X% from 2012 to 2023. While the share of Russia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest maltodextrine supplier in the CIS.

In Russia, maltodextrine exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

In 2023, the export price in the CIS amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2023, the rate of growth in terms of prices for Russia amounted to X% per year.

Maltodextrine Imports

Imports in CIS

In 2023, imports of maltodextrine and maltodextine syrup in the CIS rose remarkably to X tons, surging by X% compared with the previous year. In general, imports, however, continue to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports failed to regain momentum.

In value terms, maltodextrine imports contracted modestly to $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when imports increased by X%. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Russia dominates imports structure, accounting for X tons, which was approx. X% of total imports in 2023. Uzbekistan (X tons) held the second position in the ranking, followed by Belarus (X tons). All these countries together took approx. X% share of total imports. Kazakhstan (X tons) took a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to maltodextrine imports into Russia stood at X%. At the same time, Uzbekistan (X%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2023. Belarus experienced a relatively flat trend pattern. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Uzbekistan (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Russia (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported maltodextrine and maltodextine syrup in the CIS, comprising X% of total imports. The second position in the ranking was taken by Belarus ($X), with a X% share of total imports. It was followed by Uzbekistan, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Russia was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Belarus (X% per year) and Uzbekistan (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2023, waning by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, maltodextrine import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Belarus ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform