Global Starch Glue Market 2024

Starch Glue Market Size

The global starch glue market stood at $X in 2023, growing by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, consumption reached the peak level of $X; afterwards, it flattened through to 2023.

Starch Glue Production

In value terms, starch glue production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X. From 2022 to 2023, global production growth remained at a lower figure.

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Starch Glue Exports

Exports

In 2023, overseas shipments of glues based on starches, dextrins or other modified starches decreased by X% to X tons, falling for the second year in a row after five years of growth. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the global exports remained at a lower figure.

In value terms, starch glue exports totaled $X in 2023. Overall, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. The global exports peaked in 2023 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany represented the largest exporter of glues based on starches, dextrins or other modified starches in the world, with the volume of exports reaching X tons, which was near X% of total exports in 2023. Saudi Arabia (X tons) held the second position in the ranking, followed by the Netherlands (X tons) and China (X tons). All these countries together took approx. X% share of total exports. The following exporters - the Czech Republic (X tons), France (X tons), Ukraine (X tons), Belgium (X tons), the UK (X tons), Egypt (X tons), Sweden (X tons), Austria (X tons) and South Africa (X tons) - together made up X% of total exports.

From 2012 to 2023, average annual rates of growth with regard to starch glue exports from Germany stood at X%. At the same time, the Czech Republic (X%), Ukraine (X%), Egypt (X%), Saudi Arabia (X%), France (X%), China (X%), South Africa (X%), Belgium (X%), the Netherlands (X%) and the UK (X%) displayed positive paces of growth. Moreover, the Czech Republic emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. By contrast, Sweden (X%) and Austria (X%) illustrated a downward trend over the same period. While the share of Saudi Arabia (X p.p.), China (X p.p.), the Czech Republic (X p.p.), Ukraine (X p.p.), France (X p.p.) and Egypt (X p.p.) increased significantly in terms of the global exports from 2012-2023, the share of Sweden (X p.p.), Austria (X p.p.) and Germany (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest starch glue supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by China ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Germany amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (X% per year) and the Netherlands (X% per year).

Export Prices by Country

In 2023, the average starch glue export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the UK ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Starch Glue Imports

Imports

In 2023, after seven years of growth, there was decline in supplies from abroad of glues based on starches, dextrins or other modified starches, when their volume decreased by X% to X tons. Overall, total imports indicated a moderate increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports attained the maximum at X tons in 2022, and then dropped slightly in the following year.

In value terms, starch glue imports fell modestly to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then shrank in the following year.

Imports by Country

The purchases of the twelve major importers of glues based on starches, dextrins or other modified starches, namely the UK, Poland, France, Kuwait, the Czech Republic, Sweden, the Netherlands, Russia, Germany, Austria, Switzerland and Algeria, represented more than half of total import. Italy (X tons) held a relatively small share of total imports.

From 2012 to 2023, the biggest increases were recorded for Kuwait (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest starch glue importing markets worldwide were the UK ($X), Poland ($X) and France ($X), with a combined X% share of global imports. Sweden, the Netherlands, Russia, the Czech Republic, Kuwait, Germany, Italy, Austria, Switzerland and Algeria lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Kuwait, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average starch glue import price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2022 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while Kuwait ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform