U.S.: Starch Manufacture Residues Market 2022

Starch Manufacture Residues Market Size in the U.S.

The U.S. starch manufacture residues market expanded markedly to $X in 2021, picking up by X% against the previous year. Overall, consumption saw a prominent increase. Starch manufacture residues consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Starch Manufacture Residues Production in the U.S.

In value terms, starch manufacture residues production amounted to $X in 2021. In general, the total production indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. 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. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, production reached 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 the U.S.

In 2021, overseas shipments of residues of starch manufacture were finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, starch manufacture residues exports skyrocketed to $X in 2021. Over the period under review, exports, however, showed a slight decline. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Ireland (X tons), Israel (X tons) and Chile (X tons) were the main destinations of starch manufacture residues exports from the United States, with a combined X% share of total exports. These countries were followed by Indonesia, Colombia, Canada, Egypt, Morocco, Mexico, the UK, New Zealand, Turkey and Malaysia, which together accounted for a further X 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for starch manufacture residues exported from the United States were Chile ($X), Ireland ($X) and Indonesia ($X), with a combined X% share of total exports. Colombia, Canada, Israel, Egypt, Mexico, Malaysia, Morocco, the UK, New Zealand and Turkey lagged somewhat behind, together accounting for a further X UK, with a CAGR of +X%, recorded 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 starch manufacture residues export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Indonesia ($X per ton), while the average price for exports to Turkey ($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 New Zealand (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Starch Manufacture Residues Imports

Imports into the U.S.

In 2021, the amount of residues of starch manufacture imported into the United States surged to X tons, increasing by X% on the previous year's figure. 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 throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, starch manufacture residues imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a notable increase. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Canada (X tons) constituted the largest starch manufacture residues supplier to the United States, with a X% share of total imports. Moreover, starch manufacture residues imports from Canada exceeded the figures recorded by the second-largest supplier, Norway (X tons), more than tenfold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+X% per year) and Germany (+X% per year).

In value terms, Canada ($X) constituted the largest supplier of starch manufacture residues to the United States, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Norway, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Canada stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Norway (+X% per year).

Import Prices by Country

In 2021, the average starch manufacture residues import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period under review, the import price showed a pronounced decrease. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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