Belgium - Starch other than Wheat, Corn or Potato - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Starch Other than Wheat, Corn or Potato in Belgium - 2023
Contents:
- Price for Starch Other than Wheat, Corn or Potato in Belgium (FOB) - 2023
- Price for Starch Other than Wheat, Corn or Potato in Belgium (CIF) - 2023
- Exports of Starch Other than Wheat, Corn or Potato in Belgium
- Imports of Starch Other than Wheat, Corn or Potato in Belgium
Price for Starch Other than Wheat, Corn or Potato in Belgium (FOB) - 2023
In September 2023, the average export price for starch other than wheat, corn or potato amounted to $1,688 per ton, shrinking by -10.3% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2023 an increase of 25% month-to-month. The export price peaked at $1,991 per ton in May 2023; however, from June 2023 to September 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Canada ($2,570 per ton), while the average price for exports to Thailand ($532 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Starch Other than Wheat, Corn or Potato in Belgium (CIF) - 2023
In September 2023, the average import price for starch other than wheat, corn or potato amounted to $1,636 per ton, increasing by 5.3% against the previous month. In general, import price indicated a slight increase from September 2022 to September 2023: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, import price for starch other than wheat, corn or potato decreased by -21.9% against April 2023 indices. The pace of growth was the most pronounced in February 2023 when the average import price increased by 106% m-o-m. The import price peaked at $2,095 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Rwanda ($2,526 per ton), while the price for Ghana ($375 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ghana (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Starch Other than Wheat, Corn or Potato in Belgium
After three years of growth, shipments abroad of starch other than wheat, corn or potato decreased by -38.9% to 55K tons in 2022. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of 90K tons, and then contracted sharply in the following year.
In value terms, exports of starch other than wheat, corn or potato shrank notably to $78M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +10.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, the exports attained the peak of $94M, and then contracted notably in the following year.
Export of Starch Other than Wheat, Corn or Potato in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.0 | 12.8 | 14.7 | 14.9 | 10.6% |
Netherlands | 7.6 | 8.4 | 30.0 | 9.3 | 7.0% |
Denmark | 5.8 | 5.8 | 7.7 | 8.0 | 11.3% |
Germany | 6.1 | 6.0 | 7.1 | 7.6 | 7.6% |
Italy | 6.3 | 5.9 | 6.9 | 6.6 | 1.6% |
France | 3.5 | 4.7 | 5.9 | 5.4 | 15.6% |
Austria | 2.6 | 2.5 | 3.6 | 4.1 | 16.4% |
Poland | 2.1 | 2.6 | 3.0 | 3.7 | 20.8% |
United Kingdom | 2.1 | 2.5 | 2.2 | 2.7 | 8.7% |
Spain | 1.3 | 1.2 | 1.5 | 2.4 | 22.7% |
Vietnam | 0.3 | 0.5 | 1.0 | 1.2 | 58.7% |
Thailand | 1.1 | 0.8 | 0.3 | 0.8 | -10.1% |
Myanmar | N/A | N/A | 0.4 | 0.6 | 50.0% |
Others | 7.9 | 8.3 | 10.1 | 10.8 | 11.0% |
Total | 57.6 | 61.9 | 94.2 | 78.0 | 10.6% |
Top Export Markets for Starch Other than Wheat, Corn or Potato from Belgium in 2022:
- Netherlands (12.1K tons)
- United States (7.9K tons)
- Denmark (4.8K tons)
- Germany (3.9K tons)
- Italy (3.7K tons)
- France (3.0K tons)
- Austria (2.4K tons)
- Poland (2.2K tons)
- United Kingdom (2.2K tons)
- Vietnam (2.0K tons)
- Thailand (1.2K tons)
- Spain (1.2K tons)
- Myanmar (0.9K tons)
Imports of Starch Other than Wheat, Corn or Potato in Belgium
In 2022, supplies from abroad of starch other than wheat, corn or potato decreased by -28.4% to 9.6K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 93%.
In value terms, imports of starch other than wheat, corn or potato amounted to $9.8M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 65%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
Import of Starch Other than Wheat, Corn or Potato in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 716 | 1,722 | 4,190 | 2,782 | 57.2% |
Netherlands | 1,393 | 2,091 | 1,706 | 1,716 | 7.2% |
Cambodia | 84.3 | 1,039 | 1,446 | 1,712 | 172.8% |
Germany | 950 | 1,612 | 709 | 1,600 | 19.0% |
France | 423 | 463 | 408 | 426 | 0.2% |
Sweden | 106 | 112 | 126 | 142 | 10.2% |
Ghana | 1.5 | 58.8 | 67.3 | 51.5 | 225.0% |
Others | 890 | 413 | 707 | 1,332 | 14.4% |
Total | 4,564 | 7,510 | 9,359 | 9,761 | 28.8% |
Top Suppliers of Starch Other than Wheat, Corn or Potato to Belgium in 2022:
- Netherlands (2.6K tons)
- Thailand (2.6K tons)
- Germany (1.6K tons)
- Cambodia (1.0K tons)
- France (0.4K tons)
- Ghana (0.3K tons)
- Sweden (0.3K tons)
This report provides an in-depth analysis of the market for starch other than wheat, corn or potato in Belgium. 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.
Product coverage:
- Prodcom 10621119 - Starches (including rice, manioc, arrowroot and sago palm pith) (excluding wheat, maize (corn) and potato)
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...
Explore the top import markets for starch (excluding wheat, corn, or potato) with key statistics and import values. Discover the major players in the global starch trade.
In value terms, residues of starch manufacture imports amounted to $X in 2016. Overall, residues of starch manufacture imports continue to indicate a strong increase. Global residues of starch manu...
In value terms, residues of starch manufacture exports amounted to $X in 2016. In general, residues of starch manufacture exports continue to indicate a prominent expansion. Over the period under r...