Sweden: Modified Starches Market 2024

Modified Starches Market Size in Sweden

In 2022, the Swedish modified starches market increased by X% to $X, rising for the fifth consecutive year after five years of decline. Over the period under review, consumption, however, showed a noticeable decline. Modified starches consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Modified Starches Production in Sweden

In value terms, modified starches production declined to $X in 2022 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Modified starches production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Modified Starches Exports

Exports from Sweden

In 2022, modified starches exports from Sweden reduced to X tons, waning by X% compared with 2021. Overall, total exports indicated a prominent increase from 2012 to 2022: its volume 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, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, modified starches exports rose 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 indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons), Japan (X tons) and Germany (X tons) were the main destinations of modified starches exports from Sweden, together accounting for X% of total exports. Belgium, China, Latvia, the Czech Republic, Denmark, Finland, Poland, Indonesia, the UK and Russia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the Netherlands ($X), Japan ($X) and China ($X) were the largest markets for modified starches exported from Sweden worldwide, together comprising X% of total exports. Belgium, Germany, Finland, the Czech Republic, Indonesia, Denmark, Poland, the UK, Russia and Latvia lagged somewhat behind, together accounting for a further X%.

Indonesia, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average modified starches export price stood at $X per ton in 2022, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Indonesia ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Modified Starches Imports

Imports into Sweden

In 2022, after two years of decline, there was significant growth in purchases abroad of dextrins and other modified starches, when their volume increased by X% to X tons. Over the period under review, imports, however, showed a noticeable setback. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, modified starches imports skyrocketed to $X in 2022. In general, imports, however, showed a mild setback. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), the Netherlands (X tons) and Belgium (X tons) were the main suppliers of modified starches imports to Sweden, together accounting for X% of total imports. Finland, Denmark, Italy and Germany lagged somewhat behind, together comprising a further X%.

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

In value terms, France ($X), the Netherlands ($X) and Belgium ($X) appeared to be the largest modified starches suppliers to Sweden, with a combined X% share of total imports. Finland, Denmark, Germany and Italy lagged somewhat behind, together comprising a further X%.

Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average modified starches import price stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($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 prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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