Europe: Starch Glue Market 2024

Starch Glue Market Size in Europe

In 2023, after three years of growth, there was decline in the Europe starch glue market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2022, and then dropped in the following year.

Starch Glue Production in Europe

In value terms, starch glue production reached $X in 2023 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2023, production remained at a lower figure.

Starch Glue Exports

Exports in Europe

In 2023, the amount of glues based on starches, dextrins or other modified starches exported in Europe rose modestly to X tons, with an increase of X% on 2022. Total exports indicated a strong increase from 2012 to 2023: its volume 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 decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, starch glue exports totaled $X in 2023. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2023 and are likely to see gradual growth in the near future.

Exports by Country

Germany dominates exports structure, reaching X tons, which was approx. X% of total exports in 2023. The Netherlands (X tons) held a X% share (based on physical terms) of total exports, which put it in second place, followed by the Czech Republic (X%). France (X tons), Ukraine (X tons), Belgium (X tons), the UK (X tons), Sweden (X tons), Austria (X tons), Spain (X tons), Italy (X tons), Serbia (X tons) and Poland (X tons) followed a long way behind the leaders.

Exports from Germany increased at an average annual rate of X% from 2012 to 2023. At the same time, the Czech Republic (X%), Serbia (X%), Ukraine (X%), France (X%), Belgium (X%), the Netherlands (X%), Italy (X%), Spain (X%), Poland (X%) and the UK (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in Europe, with a CAGR of X% from 2012-2023. By contrast, Sweden (X%) and Austria (X%) illustrated a downward trend over the same period. While the share of the Czech Republic (X p.p.), Ukraine (X p.p.), France (X p.p.), Serbia (X p.p.), the Netherlands (X p.p.) and Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Sweden (X p.p.), Austria (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Germany, starch glue exports increased at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and the UK (X% per year).

Export Prices by Country

In 2023, the export price in Europe amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.

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

In 2023, supplies from abroad of glues based on starches, dextrins or other modified starches decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Total imports indicated a temperate expansion from 2012 to 2023: its volume 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, imports increased by X% against 2012 indices. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then shrank slightly in the following year.

In value terms, starch glue imports expanded to $X in 2023. Total imports indicated a moderate expansion 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, imports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2022 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2023 and are likely to see steady growth in the immediate term.

Imports by Country

The purchases of the twelve major importers of glues based on starches, dextrins or other modified starches, namely the UK, Poland, France, the Czech Republic, Sweden, the Netherlands, Russia, Germany, Austria, Switzerland, Italy and Spain, represented more than two-thirds of total import.

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, the UK ($X), Poland ($X) and France ($X) constituted the countries with the highest levels of imports in 2023, together accounting for X% of total imports. Sweden, the Netherlands, Russia, the Czech Republic, Germany, Italy, Austria, Spain and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main importing countries, the Czech Republic, 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 Europe amounted to $X per ton, surging by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. 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 peak figure at $X per ton in 2013; afterwards, it flattened through to 2023.

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