Italy: Potato Starch Market 2024

Potato Starch Market Size in Italy

The Italian potato starch market skyrocketed to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Potato Starch Production in Italy

In value terms, potato starch production shrank modestly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Potato Starch Exports

Exports from Italy

Potato starch exports from Italy soared to X tons in 2022, increasing by X% compared with 2021. Overall, exports recorded a temperate expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, potato starch exports surged to $X in 2022. Over the period under review, exports saw buoyant growth. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Mexico (X tons), the United Arab Emirates (X tons) and Germany (X tons) were the main destinations of potato starch exports from Italy, together comprising X% of total exports. France, Portugal, Kuwait, the Netherlands, Romania, Spain, Turkey, Austria, Saudi Arabia and Slovenia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the key foreign market for potato starch exports from Italy, comprising X% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Mexico totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and Portugal (X% per year).

Export Prices by Country

In 2022, the average potato starch export price amounted to $X per ton, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kuwait (X%), while the prices for the other major destinations experienced more modest paces of growth.

Potato Starch Imports

Imports into Italy

In 2022, the amount of potato starch imported into Italy surged to X tons, with an increase of X% compared with 2021. The total import volume increased at an average annual rate of X% from 2012 to 2022; 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, potato starch imports surged to $X in 2022. Overall, total imports indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Austria (X tons) were the main suppliers of potato starch imports to Italy, with a combined X% share of total imports. Denmark, Belgium, France and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest potato starch suppliers to Italy were Germany ($X), the Netherlands ($X) and Austria ($X), together comprising X% of total imports. Denmark, Belgium, France and the Czech Republic lagged somewhat behind, together accounting for a further X%.

Belgium, with a CAGR of X%, recorded 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 more modest paces of growth.

Import Prices by Country

The average potato starch import price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of X%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($X per ton) and Germany ($X per ton), while the price for France ($X per ton) and the Czech Republic ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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