Eastern Europe: Wheat Starch Market 2024

Wheat Starch Market Size in Eastern Europe

The East European wheat starch market was estimated at $X in 2022, rising by X% against the previous year. Over the period under review, consumption saw prominent growth. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Wheat Starch Production in Eastern Europe

In value terms, wheat starch production expanded rapidly to $X in 2022 estimated in export price. In general, production posted resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

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Wheat Starch Exports

Exports in Eastern Europe

In 2022, approx. X tons of wheat starch were exported in Eastern Europe; with an increase of X% compared with 2021. Overall, exports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, wheat starch exports soared to $X in 2022. In general, exports recorded a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Lithuania was the major exporter of wheat starch in Eastern Europe, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2022. Hungary (X tons) took the second position in the ranking, followed by Poland (X tons). All these countries together took approx. X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to wheat starch exports from Lithuania stood at X%. At the same time, Hungary (X%) and Poland (X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing exporter exported in Eastern Europe, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Hungary and Poland increased by X and X percentage points, respectively.

In value terms, the largest wheat starch supplying countries in Eastern Europe were Lithuania ($X), Poland ($X) and Hungary ($X), together comprising X% of total exports.

Among the main exporting countries, Hungary, with a CAGR of X%, saw the highest growth rate of 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, growing by X% against the previous year. Overall, the export price recorded a modest expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced mixed trends in the export price figures.

Wheat Starch Imports

Imports in Eastern Europe

In 2022, purchases abroad of wheat starch increased by X% to X tons, rising for the fourth consecutive year after three years of decline. Overall, imports recorded resilient growth. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, wheat starch imports skyrocketed to $X in 2022. Over the period under review, imports posted a prominent expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

Poland dominates imports structure, resulting at X tons, which was approx. X% of total imports in 2022. It was distantly followed by the Czech Republic (X tons), making up an X% share of total imports. Russia (X tons) held a little share of total imports.

Imports into Poland increased at an average annual rate of X% from 2012 to 2022. At the same time, the Czech Republic (X%) and Russia (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of X% from 2012-2022. Poland (X p.p.) and the Czech Republic (X p.p.) significantly strengthened its position in terms of the total imports, while Russia saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Poland ($X) constitutes the largest market for imported wheat starch in Eastern Europe, comprising X% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Poland stood at X%. In the other countries, the average annual rates were as follows: the Czech Republic (X% per year) and Russia (X% per year).

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 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 Russia ($X per ton), while the Czech Republic ($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 mixed trends in the import price figures.

Source: IndexBox Platform

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