Potato Starch Market in South-Eastern Asia
Market Overview
The Southeast Asian potato starch market fell to $
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $ in , and then dropped in the following year.
In value terms, potato starch production reduced to $ in estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by %. The level of production peaked at $ in 2014; however, from 2015 to , production stood at a somewhat lower figure.
Indonesia ( tons) remains the largest potato starch producing country in South-Eastern Asia, accounting for % of total volume. Moreover, potato starch production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand ( tons), threefold. Vietnam ( tons) ranked third in terms of total production with a % share.
In Indonesia, potato starch production remained relatively stable over the period from 2007-. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-% per year) and Vietnam (-% per year).
in , with a decrease of -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $ in , and then dropped in the following year.In value terms, potato starch production reduced to $
in estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the production volume increased by %. The level of production peaked at $ in 2014; however, from 2015 to , production stood at a somewhat lower figure.Indonesia (
tons) remains the largest potato starch producing country in South-Eastern Asia, accounting for % of total volume. Moreover, potato starch production in Indonesia exceeded the figures recorded by the second-largest producer, Thailand ( tons), threefold. Vietnam ( tons) ranked third in terms of total production with a % share.In Indonesia, potato starch production remained relatively stable over the period from 2007-
. The remaining producing countries recorded the following average annual rates of production growth: Thailand (-% per year) and Vietnam (-% per year).Consumption
In , potato starch consumption in South-Eastern Asia dropped slightly to tons, approximately mirroring the previous year's figure. Over the period under review, consumption continues to indicate a slight shrinkage. Over the period under review, consumption hit record highs at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.
The revenue of the potato starch market in South-Eastern Asia stood at $ in , approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $ in ; however, from to , consumption stood at a somewhat lower figure.
, potato starch consumption in South-Eastern Asia dropped slightly to tons, approximately mirroring the previous year's figure. Over the period under review, consumption continues to indicate a slight shrinkage. Over the period under review, consumption hit record highs at tons in 2007; however, from 2008 to , consumption stood at a somewhat lower figure.The revenue of the potato starch market in South-Eastern Asia stood at $
in , approximately mirroring the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $ in ; however, from to , consumption stood at a somewhat lower figure.Consumption by Country
The country with the largest volume of potato starch consumption was Indonesia ( tons), comprising approx. % of total volume. Moreover, potato starch consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand ( tons), threefold. Vietnam ( tons) ranked third in terms of total consumption with a % share.
In Indonesia, potato starch consumption remained relatively stable over the period from 2007-. The remaining consuming countries recorded the following average annual rates of consumption growth: Thailand (-% per year) and Vietnam (-% per year).
In value terms, Indonesia ($) led the market, alone. The second position in the ranking was taken by the Philippines ($). It was followed by Thailand.
From 2007 to, the average annual growth rate of value in Indonesia amounted to +%. The remaining consuming countries recorded the following average annual rates of market growth: the Philippines (-% per year) and Thailand (-% per year).
In No countries potato starch per capita consumption remained relatively stable over the period from 2007-.
tons), comprising approx. % of total volume. Moreover, potato starch consumption in Indonesia exceeded the figures recorded by the second-largest consumer, Thailand ( tons), threefold. Vietnam ( tons) ranked third in terms of total consumption with a % share.In Indonesia, potato starch consumption remained relatively stable over the period from 2007-
. The remaining consuming countries recorded the following average annual rates of consumption growth: Thailand (-% per year) and Vietnam (-% per year).In value terms, Indonesia ($
) led the market, alone. The second position in the ranking was taken by the Philippines ($). It was followed by Thailand.From 2007 to
, the average annual growth rate of value in Indonesia amounted to +%. The remaining consuming countries recorded the following average annual rates of market growth: the Philippines (-% per year) and Thailand (-% per year).In No countries potato starch per capita consumption remained relatively stable over the period from 2007-
.Market Forecast
Depressed by shrinking demand for potato starch in South-Eastern Asia, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
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