
Vietnam - Residues of Starch Manufacture - Market Analysis, Forecast, Size, Trends and Insights
Vietnam: Starch Manufacture Residues Market 2022
Starch Manufacture Residues Market Size in Vietnam
In 2021, the Vietnamese starch manufacture residues market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption continues to indicate prominent growth. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.
Starch Manufacture Residues Production in Vietnam
In value terms, starch manufacture residues production surged to $X in 2021 estimated in export price. Over the period under review, production recorded a prominent expansion. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Starch manufacture residues production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Starch Manufacture Residues Exports
Exports from Vietnam
In 2021, after two years of growth, there was significant decline in overseas shipments of residues of starch manufacture, when their volume decreased by -X% to X tons. In general, exports recorded a abrupt descent. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.
In value terms, starch manufacture residues exports declined to $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.
Exports by Country
China (X tons) was the main destination for starch manufacture residues exports from Vietnam, accounting for a X% share of total exports. Moreover, starch manufacture residues exports to China exceeded the volume sent to the second major destination, Bangladesh (X tons), fourfold.
From 2012 to 2021, the average annual growth rate of volume to China amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and Cambodia (+X% per year).
In value terms, China ($X) remains the key foreign market for starch manufacture residues exports from Vietnam, comprising X% of total exports. The second position in the ranking was held by Bangladesh ($X), with an X% share of total exports.
From 2012 to 2021, the average annual growth rate of value to China stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (+X% per year) and Cambodia (+X% per year).
Export Prices by Country
In 2021, the average starch manufacture residues export price amounted to $X per ton, surging by X% against the previous year. Overall, export price indicated prominent growth from 2012 to 2021: its price 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, starch manufacture residues export price decreased by -X% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2021, the country with the highest price was Cambodia ($X per ton), while the average price for exports to China ($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 China (+X%), while the prices for the other major destinations experienced mixed trend patterns.
Starch Manufacture Residues Imports
Imports into Vietnam
In 2021, after five years of growth, there was decline in purchases abroad of residues of starch manufacture, when their volume decreased by -X% to X tons. Over the period under review, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2020, and then reduced slightly in the following year.
In value terms, starch manufacture residues imports fell slightly to $X in 2021. In general, imports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Imports peaked at $X in 2020, and then contracted in the following year.
Imports by Country
In 2021, China (X tons) constituted the largest starch manufacture residues supplier to Vietnam, with a X% share of total imports. Moreover, starch manufacture residues imports from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. Lao People's Democratic Republic (X tons) ranked third in terms of total imports with a X% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Lao People's Democratic Republic (+X% per year).
In value terms, China ($X) constituted the largest supplier of starch manufacture residues to Vietnam, comprising X% of total imports. The second position in the ranking was taken by the United States ($X), with a X% share of total imports. It was followed by Lao People's Democratic Republic, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-X% per year) and Lao People's Democratic Republic (+X% per year).
Import Prices by Country
The average starch manufacture residues import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2021, the countries with the highest prices were China ($X per ton) and Lao People's Democratic Republic ($X per ton), while the price for South Korea ($X per ton) and Indonesia ($X per ton) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%), while the prices for the other major suppliers experienced a decline.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the starch manufacture residues market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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