CIS: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in CIS

The CIS starch manufacture residues market rose rapidly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Starch Manufacture Residues Production in CIS

In value terms, starch manufacture residues production expanded rapidly to $X in 2022 estimated in export price. The total production indicated pronounced 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, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X; afterwards, it flattened through to 2022.

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Starch Manufacture Residues Exports

Exports in CIS

Starch manufacture residues exports fell markedly to X tons in 2022, reducing by X% compared with the previous year's figure. In general, exports saw a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, starch manufacture residues exports reduced notably to $X in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Russia prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Kazakhstan (X tons) held a little share of total exports.

Exports from Russia decreased at an average annual rate of X% from 2012 to 2022. Kazakhstan (X%) illustrated a downward trend over the same period. While the share of Russia (X p.p.) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) remains the largest starch manufacture residues supplier in the CIS, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at X%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, surging by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Russia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%).

Starch Manufacture Residues Imports

Imports in CIS

In 2022, the amount of residues of starch manufacture imported in the CIS soared to X tons, with an increase of X% compared with 2021. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, starch manufacture residues imports skyrocketed to $X in 2022. Over the period under review, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Russia prevails in imports structure, finishing at X tons, which was approx. X% of total imports in 2022. It was distantly followed by Belarus (X tons), mixing up a X% share of total imports.

Russia was also the fastest-growing in terms of the residues of starch manufacture imports, with a CAGR of X% from 2012 to 2022. At the same time, Belarus (X%) displayed positive paces of growth. While the share of Russia (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Belarus (X p.p.) displayed negative dynamics.

In value terms, Russia ($X) constitutes the largest market for imported residues of starch manufacture in the CIS, comprising X% of total imports. The second position in the ranking was held by Belarus ($X), with an X% share of total imports.

In Russia, starch manufacture residues imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, declining by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Belarus ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belarus (X%).

Source: IndexBox Platform