Southern Asia: Potato Starch Market 2024

Potato Starch Market Size in Southern Asia

The South Asian potato starch market amounted to $X in 2022, approximately reflecting 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 only minor fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Potato Starch Production in Southern Asia

In value terms, potato starch production rose 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; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Potato Starch Exports

Exports in Southern Asia

In 2022, potato starch exports in Southern Asia soared to X tons, surging by X% on the previous year. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, potato starch exports soared to $X in 2022. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

India prevails in exports structure, finishing at X tons, which was approx. X% of total exports in 2022. Bangladesh (X tons) took a relatively small share of total exports.

India was also the fastest-growing in terms of the potato starch exports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) displayed positive paces of growth. While the share of India (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Bangladesh (X p.p.) displayed negative dynamics.

In value terms, India ($X) remains the largest potato starch supplier in Southern Asia, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in India amounted to X%.

Export Prices by Country

In 2022, the export price in Southern Asia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, saw a deep slump. The growth pace was the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($X per ton), while India stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%).

Potato Starch Imports

Imports in Southern Asia

In 2022, potato starch imports in Southern Asia reduced remarkably to X tons, which is down by X% against the previous year. In general, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, potato starch imports shrank markedly to $X in 2022. Total imports indicated noticeable 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, imports decreased by X% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Pakistan was the largest importing country with an import of around X tons, which accounted for X% of total imports. India (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Bangladesh (X%).

From 2012 to 2022, average annual rates of growth with regard to potato starch imports into Pakistan stood at X%. At the same time, Bangladesh (X%) and India (X%) displayed positive paces of growth. Moreover, Bangladesh emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Bangladesh (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X), India ($X) and Bangladesh ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Bangladesh, with a CAGR of X%, recorded 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

The import price in Southern Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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