Europe: Starch Manufacture Residues Market 2024

Starch Manufacture Residues Market Size in Europe

The Europe starch manufacture residues market expanded notably to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Starch Manufacture Residues Production in Europe

In value terms, starch manufacture residues production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The level of production peaked in 2022 and is likely to continue growth in the immediate term.

Starch Manufacture Residues Exports

Exports in Europe

In 2022, overseas shipments of residues of starch manufacture increased by X% to X tons, rising for the fifth consecutive year after two years of decline. Overall, exports saw a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, starch manufacture residues exports rose significantly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Belgium was the main exporting country with an export of around X tons, which accounted for X% of total exports. Germany (X tons) ranks second in terms of the total exports with a X% share, followed by France (X%) and the Netherlands (X%). The following exporters - Austria (X tons), Hungary (X tons) and Bulgaria (X tons) - together made up X% of total exports.

Belgium was also the fastest-growing in terms of the residues of starch manufacture exports, with a CAGR of X% from 2012 to 2022. At the same time, Bulgaria (X%), Germany (X%), Hungary (X%) and Austria (X%) displayed positive paces of growth. The Netherlands experienced a relatively flat trend pattern. By contrast, France (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Hungary (X p.p.), Austria (X p.p.), Germany (X p.p.), the Netherlands (X p.p.) and France (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, France ($X), Germany ($X) and the Netherlands ($X) constituted the countries with the highest levels of exports in 2022, with a combined X% share of total exports. Hungary, Belgium, Austria and Bulgaria lagged somewhat behind, together comprising a further X%.

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

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price recorded a deep downturn. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports in Europe

In 2022, the amount of residues of starch manufacture imported in Europe stood at X tons, growing by X% on 2021 figures. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The volume of import peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, starch manufacture residues imports expanded markedly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Imports by Country

The purchases of the three major importers of residues of starch manufacture, namely the Netherlands, Germany and Belgium, represented more than half of total import. France (X tons) held an X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%). The UK (X tons), Denmark (X tons), Switzerland (X tons), Croatia (X tons), Norway (X tons), Russia (X tons), Greece (X tons) and Spain (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest starch manufacture residues importing markets in Europe were the Netherlands ($X), Germany ($X) and Belgium ($X), together accounting for X% of total imports. France, Switzerland, Norway, the UK, Denmark, Italy, Greece, Russia, Spain and Croatia lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Russia, with a CAGR of X%, saw the highest growth rate of 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

The import price in Europe stood at $X per ton in 2022, waning by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then declined slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform