MERCOSUR: Wheat Starch Market 2024

Wheat Starch Market Size in MERCOSUR

The MERCOSUR wheat starch market was estimated at $X in 2022, standing approx. at the previous year. The total consumption indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; afterwards, it flattened through to 2022.

Wheat Starch Production in MERCOSUR

In value terms, wheat starch production stood at $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. The level of production peaked at $X in 2020; afterwards, it flattened through to 2022.

Wheat Starch Exports

Exports in MERCOSUR

In 2022, wheat starch exports in MERCOSUR dropped remarkably to X tons, declining by X% on the previous year. In general, exports, however, saw a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then reduced notably in the following year.

In value terms, wheat starch exports expanded rapidly to $X in 2022. Overall, exports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Exports by Country

In 2022, Argentina (X tons) represented the major exporter of wheat starch in MERCOSUR, making up X% of total export.

Argentina was also the fastest-growing in terms of the wheat starch exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Argentina ($X) also remains the largest wheat starch supplier in MERCOSUR.

In Argentina, wheat starch exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, rising by X% against the previous year. Export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wheat starch export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Argentina.

From 2012 to 2022, the rate of growth in terms of prices for Argentina amounted to X% per year.

Wheat Starch Imports

Imports in MERCOSUR

In 2022, approx. X tons of wheat starch were imported in MERCOSUR; jumping by X% compared with 2021. In general, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, wheat starch imports skyrocketed to $X in 2022. Overall, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Colombia (X tons) and Ecuador (X tons) represented the largest importers of wheat starch in MERCOSUR, together accounting for near X% of total imports. Brazil (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Chile (X%). Peru (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Brazil (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X) constitutes the largest market for imported wheat starch in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Ecuador ($X), with a X% share of total imports. It was followed by Brazil, with an X% share.

In Colombia, wheat starch imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Ecuador (X% per year) and Brazil (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, 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 Chile ($X per ton), while Ecuador ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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