Eastern Europe: Market for Starch other than Wheat, Corn or Potato 2024

Market Size for Starch other than Wheat, Corn or Potato in Eastern Europe

The East European market for starch other than wheat, corn or potato rose slightly to $X in 2022, surging by X% against the previous year. In general, consumption continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Production of Starch other than Wheat, Corn or Potato in Eastern Europe

In value terms, production of starch other than wheat, corn or potato totaled $X in 2022 estimated in export price. Overall, production recorded a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, production of hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Exports of Starch other than Wheat, Corn or Potato

Exports in Eastern Europe

In 2022, approx. X tons of starch other than wheat, corn or potato were exported in Eastern Europe; jumping by X% against the previous year's figure. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, exports of starch other than wheat, corn or potato skyrocketed to $X in 2022. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Moldova was the main exporting country with an export of around X tons, which reached X% of total exports. Poland (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Russia (X%) and Lithuania (X%). Hungary (X tons) and the Czech Republic (X tons) followed a long way behind the leaders.

Moldova was also the fastest-growing in terms of the starch other than wheat, corn or potato exports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), Poland (X%), Russia (X%) and the Czech Republic (X%) displayed positive paces of growth. By contrast, Hungary (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Moldova, Poland and Lithuania increased by X, X and X percentage points, respectively.

In value terms, Poland ($X), Russia ($X) and Moldova ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

In terms of the main exporting countries, Moldova, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2014 an increase of X%. Over the period under review, the export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Poland ($X per ton), while Moldova ($X per ton) was amongst the lowest.

From 2012 to 2022, 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.

Imports of Starch other than Wheat, Corn or Potato

Imports in Eastern Europe

In 2022, overseas purchases of starch other than wheat, corn or potato increased by X% to X tons, rising for the sixth year in a row after two years of decline. In general, imports recorded a significant increase. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, imports of starch other than wheat, corn or potato skyrocketed to $X in 2022. Overall, imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, the Czech Republic (X tons) represented the main importer of starch other than wheat, corn or potato, constituting X% of total imports. Russia (X tons) held the second position in the ranking, distantly followed by Poland (X tons). All these countries together held near X% share of total imports. The following importers - Hungary (X tons) and Lithuania (X tons) - each reached a X% share of total imports.

The Czech Republic was also the fastest-growing in terms of the starch other than wheat, corn or potato imports, with a CAGR of X% from 2012 to 2022. At the same time, Lithuania (X%), Poland (X%), Hungary (X%) and Russia (X%) displayed positive paces of growth. The Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Poland and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest starch other than wheat, corn or potato importing markets in Eastern Europe were the Czech Republic ($X), Russia ($X) and Poland ($X), together comprising X% of total imports.

In terms of the main importing countries, the Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hungary ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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