Starch; Manioc (Cassava) Price in Germany - 2023
Contents:
- Starch; Manioc (Cassava) Price in Germany (CIF) - 2023
- Starch; Manioc (Cassava) Price in Germany (FOB) - 2023
- Starch; Manioc (Cassava) Imports in Germany
- Starch; Manioc (Cassava) Exports in Germany
Starch; Manioc (Cassava) Price in Germany (CIF) - 2023
In June 2023, the average starch; manioc (cassava) import price amounted to $1,920 per ton, picking up by 15% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.6%. The pace of growth was the most pronounced in March 2023 an increase of 20% m-o-m. The import price peaked in June 2023.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($4,988 per ton), while the price for Spain ($899 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the UK (+15.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Starch; Manioc (Cassava) Price in Germany (FOB) - 2023
In June 2023, the average starch; manioc (cassava) export price amounted to $4,820 per ton, shrinking by -1.8% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in December 2022 an increase of 26% against the previous month. The export price peaked at $4,907 per ton in May 2023, and then contracted modestly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Austria ($8,097 per ton), while the average price for exports to Belgium ($1,966 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.
Starch; Manioc (Cassava) Imports in Germany
In 2022, starch; manioc (cassava) imports into Germany declined to 10K tons, shrinking by -10.5% on 2021. Over the period under review, imports saw a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 5.9%.
In value terms, starch; manioc (cassava) imports expanded notably to $14M in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Starch; Manioc (Cassava) in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 5.1 | 6.2 | 6.4 | 7.7 | 14.7% |
Thailand | 4.1 | 3.5 | 5.1 | 5.0 | 6.8% |
Austria | 0.5 | 0.6 | 0.7 | 0.9 | 21.6% |
Others | 1.2 | 0.6 | 0.7 | 0.7 | -16.4% |
Total | 10.9 | 11.0 | 12.9 | 14.3 | 9.5% |
Top Suppliers of Starch; Manioc (Cassava) to Germany in 2022:
- Netherlands (5.8K tons)
- Thailand (3.8K tons)
- Austria (0.2K tons)
Starch; Manioc (Cassava) Exports in Germany
In 2022, shipments abroad of starch; manioc (cassava)s increased by 36% to 4.5K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a pronounced downturn.
In value terms, starch; manioc (cassava) exports soared to $17M in 2022. Over the period under review, exports posted a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Starch; Manioc (Cassava) in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1,919 | 1,702 | 1,599 | 6,120 | 47.2% |
Austria | 1,015 | 922 | 1,062 | 1,967 | 24.7% |
Netherlands | 656 | 574 | 618 | 1,212 | 22.7% |
United Kingdom | 612 | 661 | 569 | 1,078 | 20.8% |
Hungary | 838 | 509 | 559 | 872 | 1.3% |
Italy | 484 | 414 | 260 | 849 | 20.6% |
Spain | 955 | 1,025 | 631 | 664 | -11.4% |
Switzerland | 547 | 475 | 474 | 584 | 2.2% |
Poland | 575 | 552 | 459 | 562 | -0.8% |
Finland | 1.3 | 1.9 | 233 | 479 | 616.9% |
United States | 1,675 | 1,260 | 1,184 | 186 | -51.9% |
Russia | 373 | 13.1 | 79.9 | 176 | -22.1% |
Belgium | 320 | 166 | 34.9 | 86.7 | -35.3% |
Others | 923 | 880 | 1,240 | 1,740 | 23.5% |
Total | 10,892 | 9,154 | 9,002 | 16,575 | 15.0% |
Top Export Markets for Starch; Manioc (Cassava) from Germany in 2022:
- France (1426.2 tons)
- Spain (401.6 tons)
- United Kingdom (381.8 tons)
- Austria (372.9 tons)
- Hungary (339.4 tons)
- Netherlands (280.5 tons)
- Italy (210.9 tons)
- Switzerland (165.0 tons)
- Poland (142.7 tons)
- Finland (127.4 tons)
- United States (76.2 tons)
- Russia (56.8 tons)
- Belgium (27.7 tons)
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From 2016 to 2023, the growth of Potato Starch exports remained at a lower figure. In value terms, Potato Starch exports surged to $294M in 2023.
In July 2022, the potato starch price per ton stood at $820.9 (FOB, Germany), surging by 2.1% against the previous month.
Potato starch production in Germany stood at 345K tons in 2018, coming down by -6.7% against the previous year.
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