Pakistan - Maize (Corn) Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMaize Starch Price in Pakistan - 2023
Contents:
- Maize Starch Price in Pakistan (FOB) - 2023
- Maize Starch Price in Pakistan (CIF) - 2022
- Maize Starch Exports in Pakistan
- Maize Starch Imports in Pakistan
Maize Starch Price in Pakistan (FOB) - 2023
The average maize starch export price stood at $632 per ton in February 2023, picking up by 6.7% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in August 2022 when the average export price increased by 14% against the previous month. The export price peaked at $711 per ton in November 2022; however, from December 2022 to February 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was China ($962 per ton), while the average price for exports to the United Arab Emirates ($526 per ton) was amongst the lowest.
From February 2022 to February 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+30.5%), while the prices for the other major destinations experienced more modest paces of growth.
Maize Starch Price in Pakistan (CIF) - 2022
The average maize starch import price stood at $522 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the import price, however, continues to indicate a perceptible slump. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. Over the period under review, average import prices attained the peak figure at $775 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($1,117 per ton), while the price for India ($463 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+17.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Maize Starch Exports in Pakistan
Maize starch exports from Pakistan fell slightly to 35K tons in 2022, dropping by -1.5% compared with the year before. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports reached the peak of 35K tons, and then declined in the following year.
In value terms, maize starch exports skyrocketed to $20M in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.7% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Maize Starch in Pakistan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 4.3 | 1.6 | 3.8 | 4.9 | 4.5% |
United Arab Emirates | 1.6 | 1.9 | 2.7 | 3.4 | 28.6% |
Bangladesh | 2.4 | 1.5 | 2.3 | 2.9 | 6.5% |
Afghanistan | 2.0 | 2.4 | 2.0 | 2.7 | 10.5% |
Oman | 1.4 | 1.1 | 1.7 | 2.1 | 14.5% |
Saudi Arabia | 0.9 | 0.9 | 0.1 | 0.8 | -3.9% |
Qatar | N/A | 0.3 | 0.5 | 0.6 | 41.4% |
Others | 1.9 | 1.2 | 1.7 | 2.4 | 8.1% |
Total | 14.4 | 10.9 | 14.7 | 19.9 | 11.4% |
Top Export Markets for Maize Starch from Pakistan in 2022:
- Kenya (8.8K tons)
- United Arab Emirates (6.5K tons)
- Afghanistan (4.8K tons)
- Oman (4.2K tons)
- Bangladesh (4.0K tons)
- Saudi Arabia (1.7K tons)
- Qatar (1.1K tons)
Maize Starch Imports in Pakistan
In 2022, supplies from abroad of maize (corn) starch was finally on the rise to reach 3.4K tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction.
In value terms, maize starch imports skyrocketed to $1.8M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern.
Import of Maize Starch in Pakistan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 1,148 | 498 | 129 | 845 | -9.7% |
Egypt | 320 | 543 | 325 | 566 | 20.9% |
China | 71.3 | 266 | 46.6 | 183 | 36.9% |
India | 207 | 30.6 | 10.3 | 118 | -17.1% |
Ukraine | N/A | N/A | 885 | N/A | 0% |
Others | 21.7 | 52.3 | 124 | 55.0 | 36.3% |
Total | 1,768 | 1,390 | 1,520 | 1,767 | -0.0% |
Top Suppliers of Maize Starch to Pakistan in 2022:
- Turkey (1545.7 tons)
- Egypt (1201.2 tons)
- China (303.4 tons)
- India (254.8 tons)
This report provides an in-depth analysis of the maize starch market in Pakistan. 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 10621113 - Maize (corn) starch
Country coverage:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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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