EU: Starch Glue Market 2024

Starch Glue Market Size in the EU

In 2023, the EU starch glue market decreased by X% to $X for the first time since 2019, thus ending a three-year rising trend. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2016 when the market value increased by X%. As a result, consumption attained the peak level of $X. From 2017 to 2023, the growth of the market remained at a lower figure.

Starch Glue Production in the EU

In value terms, starch glue production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2023, production growth remained at a lower figure.

Starch Glue Exports

Exports in the EU

Starch glue exports expanded modestly to X tons in 2023, increasing by X% on the previous year. Total exports indicated a prominent increase from 2012 to 2023: its volume 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, exports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, starch glue exports reached $X in 2023. Total exports indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in years to come.

Exports by Country

Germany was the main exporting country with an export of around X tons, which amounted to X% of total exports. The Netherlands (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%) and France (X%). Belgium (X tons), Sweden (X tons), Austria (X tons) and Spain (X tons) held a relatively small share of total exports.

From 2012 to 2023, average annual rates of growth with regard to starch glue exports from Germany stood at X%. At the same time, the Czech Republic (X%), France (X%), Belgium (X%), the Netherlands (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Sweden (X%) and Austria (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of the Czech Republic, France, the Netherlands and Belgium increased by X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest starch glue supplier in the European Union, comprising X% of total exports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total exports. It was followed by France, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (X% per year) and France (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, rising by X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; afterwards, it flattened through to 2023.

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

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

Starch Glue Imports

Imports in the EU

In 2023, after four years of growth, there was significant decline in supplies from abroad of glues based on starches, dextrins or other modified starches, when their volume decreased by X% to X tons. Total imports indicated a perceptible expansion from 2012 to 2023: its volume 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. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2022, and then dropped in the following year.

In value terms, starch glue imports shrank slightly to $X in 2023. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. The level of import peaked at $X in 2022, and then shrank slightly in the following year.

Imports by Country

Poland (X tons), France (X tons), the Czech Republic (X tons), Sweden (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2023. Germany (X tons), Austria (X tons), Italy (X tons), Spain (X tons), Belgium (X tons), Finland (X tons), Greece (X tons) and Portugal (X tons) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), France ($X) and Sweden ($X) appeared to be the countries with the highest levels of imports in 2023, together accounting for X% of total imports. The Netherlands, the Czech Republic, Germany, Belgium, Italy, Austria, Spain, Finland, Greece and Portugal lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Portugal, with a CAGR of X%, saw 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 2023, the import price in the European Union amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2022 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in years to come.

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

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

Source: IndexBox Platform