Starch Manufacture Residues Market in Thailand
Market Overview
The Thai starch manufacture residues market shrank to $
in , reducing by -% 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). In general, consumption, however, saw a resilient increase. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.
In value terms, starch manufacture residues production contracted to $ in estimated in export price. In general, production posted a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of %. As a result, production reached the peak level of $. From to , production growth remained at a lower figure.
in , reducing by -% 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). In general, consumption, however, saw a resilient increase. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a somewhat lower figure.In value terms, starch manufacture residues production contracted to $
in estimated in export price. In general, production posted a pronounced expansion. The most prominent rate of growth was recorded in 2019 with an increase of %. As a result, production reached the peak level of $. From to , production growth remained at a lower figure.Consumption
In , consumption of residues of starch manufacture decreased by -% to tons, falling for the third consecutive year after five years of growth. In general, consumption, however, saw a tangible expansion. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption stood at a somewhat lower figure.
The revenue of the starch manufacture residues market in Thailand dropped to $ in , falling by -% 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). Over the period under review, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a lower figure.
, consumption of residues of starch manufacture decreased by -% to tons, falling for the third consecutive year after five years of growth. In general, consumption, however, saw a tangible expansion. Over the period under review, consumption hit record highs at tons in 2019; however, from to , consumption stood at a somewhat lower figure.The revenue of the starch manufacture residues market in Thailand dropped to $
in , falling by -% 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). Over the period under review, consumption, however, enjoyed a prominent increase. As a result, consumption reached the peak level of $. From to , the growth of the market remained at a lower figure.Market Forecast
Driven by increasing demand for residues of starch manufacture in Thailand, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to accelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .
In value terms, the market is forecast to increase 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 bring the market volume to tons by the end of .In value terms, the market is forecast to increase 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 .Market Structure
Over the period under review, the share of imports in terms of total starch manufacture residues consumption in Thailand was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Thailand starch manufacture residues market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.
% figure. In value terms the share of imports also stood at a low figure, which means that the Thailand starch manufacture residues market is largely supplied by domestic manufacturers. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports remained relatively constant over the period under review. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.Trade Balance
Thailand remains a net exporter of starch manufacture residues; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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