Thailand: Starch Manufacture Residues Market 2022

Starch Manufacture Residues Market Size in Thailand

The Thai starch manufacture residues market surged to $X in 2021, jumping by X% against the previous year. In general, consumption posted a strong increase. Starch manufacture residues consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Starch Manufacture Residues Production in Thailand

In value terms, starch manufacture residues production surged to $X in 2021 estimated in export price. Overall, the total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Starch Manufacture Residues Exports

Exports from Thailand

In 2021, overseas shipments of residues of starch manufacture increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports, however, showed a deep setback. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, starch manufacture residues exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X tons), New Zealand (X tons) and China (X tons) were the main destinations of starch manufacture residues exports from Thailand, together comprising X% of total exports.

From 2012 to 2021, the biggest increases were in New Zealand (with a CAGR of +X%), while shipments for the other leaders experienced a decline.

In value terms, South Korea ($X), New Zealand ($X) and China ($X) constituted the largest markets for starch manufacture residues exported from Thailand worldwide, with a combined X% share of total exports.

Among the main countries of destination, New Zealand, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average starch manufacture residues export price amounted to $X per ton, picking up by X% against the previous year. In general, the export price saw a tangible increase. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was South Korea ($X per ton), while the average price for exports to New Zealand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports into Thailand

In 2021, supplies from abroad of residues of starch manufacture increased by X% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 with an increase of X%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, starch manufacture residues imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The United States (X tons), China (X tons) and Indonesia (X tons) were the main suppliers of starch manufacture residues imports to Thailand, with a combined X% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Indonesia (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X), China ($X) and Indonesia ($X) were the largest starch manufacture residues suppliers to Thailand, together accounting for X% of total imports.

Indonesia, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average starch manufacture residues import price stood at $X per ton in 2021, surging by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably countryorigin: the country with the highest price was China ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :