SADC: Starch Glue Market 2024

Starch Glue Market Size in SADC

The SADC starch glue market totaled $X in 2023, with an increase of X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2016 to 2023, the growth of the market remained at a somewhat lower figure.

Starch Glue Production in SADC

In value terms, starch glue production reached $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. The level of production peaked at $X in 2015; however, from 2016 to 2023, production remained at a lower figure.

Starch Glue Exports

Exports in SADC

In 2023, shipments abroad of glues based on starches, dextrins or other modified starches decreased by X% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports, however, showed buoyant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, starch glue exports contracted notably to $X in 2023. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

South Africa (X tons) represented roughly X% of total exports in 2023.

South Africa was also the fastest-growing in terms of the glues based on starches, dextrins or other modified starches exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of South Africa increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest starch glue supplier in SADC.

From 2012 to 2023, the average annual growth rate of value in South Africa stood at X%.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a deep reduction. The pace of growth was the most pronounced in 2018 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices failed to regain momentum.

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

From 2012 to 2023, the rate of growth in terms of prices for South Africa amounted to X% per year.

Starch Glue Imports

Imports in SADC

In 2023, overseas purchases of glues based on starches, dextrins or other modified starches decreased by X% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, showed a moderate expansion. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X tons in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, starch glue imports declined to $X in 2023. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Swaziland was the key importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Tanzania (X tons), Mozambique (X tons), Angola (X tons), Zimbabwe (X tons) and South Africa (X tons), together comprising a X% share of total imports. Botswana (X tons) followed a long way behind the leaders.

Swaziland was also the fastest-growing in terms of the glues based on starches, dextrins or other modified starches imports, with a CAGR of X% from 2012 to 2023. At the same time, Botswana (X%), Zimbabwe (X%) and Mozambique (X%) displayed positive paces of growth. Tanzania experienced a relatively flat trend pattern. By contrast, Angola (X%) and South Africa (X%) illustrated a downward trend over the same period. While the share of Swaziland (X p.p.), Botswana (X p.p.) and Zimbabwe (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Tanzania (X p.p.), Angola (X p.p.) and South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest starch glue importing markets in SADC were Swaziland ($X), Tanzania ($X) and Zimbabwe ($X), together comprising X% of total imports.

Swaziland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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 SADC amounted to $X per ton, reducing by X% against the previous year. In general, the import price recorded a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform