Dextrins and other modified starches market in Finland

Earlier Report Observations

The Finnish market for dextrins and modified starches saw substantial shifts between 2018 and 2020. Market volume dropped sharply from 225 thousand tons in 2018 to 109 thousand tons in 2019, then rebounded to 178 thousand tons in 2020. In value terms, the market contracted from $152.7 million to $123.1 million over these two years.

During the 2021-2023 period, market volume fluctuated within a range of 141 to 171 thousand tons. Finland maintained its position as a significant importer in the EU, although import volumes continued a longer-term downward trend. By 2023, the market's value had increased to $159.5 million, reflecting changes in product pricing or composition.

In 2024, the market volume settled at 150 thousand tons. Finland's market is characterized by one of the highest per capita consumption rates for modified starches in the EU, estimated at 20-24 kg per person. A new control guideline for genetically modified foods, which came into force on January 8, 2024, established additional rules for starch-based ingredients, potentially influencing market conditions.

Production dextrins and other modified starches in Finland

In value, 2017-2020, K $ US

Finland's production of dextrins and other modified starches declined in value terms after two years of growth. In 2019, output reached its peak at 62 440 thousand US dollars. The following year, in 2020, production fell to 59 254 thousand US dollars, marking a moderate decrease of 5.1% compared to 2019. The largest annual increase occurred in 2018, when production rose by 3.8%.

Annual dynamics of production in Finland in value, 2017-2020, K $ US

In kind, 2017-2020, t

Finland's production of dextrins and other modified starches in physical terms declined for the third consecutive year. In 2020, output totaled 83 544 tonnes, representing a moderate drop of 4.5% from the previous year. Over the four-year period from 2017 to 2020, production decreased by 11.5%, which translates to an average annual decline of 4.0%.

Annual dynamics of production in Finland in kind, 2017-2020, t

Exports dextrins and other modified starches from Finland

Exports in kind, K t

Finland's exports of dextrins and other modified starches in physical terms declined for the second year in a row. In 2020, shipments abroad amounted to 0.0 thousand tonnes, showing a modest decrease of 8.6% compared to 2019. Exports peaked in 2018 at 0.0 thousand tonnes, with a 2.9% increase that year. However, they fell sharply by 65.4% in 2019. Overall, from 2017 to 2020, exports dropped by 67.5%, equivalent to an average annual decline of 31.2%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K t

From 2017 to 2020, Sweden was consistently the main destination for Finland's exports of dextrins and other modified starches in physical terms, accounting for 80.7% of total shipments. The remaining share was distributed among various smaller markets.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, K $ US

Finland's exports of dextrins and other modified starches in value terms declined for the third consecutive year. In 2020, export value stood at 4 thousand US dollars, which is 64.0% lower than in 2019. Over the period from 2017 to 2020, exports decreased by 70.7%, corresponding to an average annual decline of 33.6%.

Annual dynamics of product's exports from Finland in value, 2017-2020, K $ US

Between 2017 and 2020, Sweden remained the dominant partner for Finland's exports of dextrins and other modified starches in value terms, holding an 82.1% share of total flows. Other markets collectively formed a long tail with smaller shares.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports dextrins and other modified starches to Finland

Imports in kind, K t

Import volumes of dextrins and other modified starches into Finland showed significant volatility from 2017 to 2020. Imports reached their highest point in 2018 at 134.1 thousand tonnes, then dropped sharply to a low of 21.2 thousand tonnes in 2019, marking an 84.2% decline and a 6.3-fold difference between these two years. In 2020, imports rebounded to 94.6 thousand tonnes, reflecting a substantial increase of 346.6% compared to 2019.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K t

From 2017 to 2020, France, Lithuania, and the Netherlands were the principal sources for Finland's imports of dextrins and other modified starches in physical terms. France accounted for 60.4% of imports, Lithuania for 15.5%, and the Netherlands for 9.1%. Together, these three countries represented 84.9% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, K $ US

Finland's imports of dextrins and other modified starches in value terms declined for the second consecutive year. In 2020, import value amounted to 63 810 thousand US dollars, indicating a drop of 20.6% from 2019. Imports peaked in 2018 at 91 389 thousand US dollars, with a 6.0% increase that year. Over the period from 2017 to 2020, imports decreased by 26%, equivalent to an average annual decline of 9.5%.

Annual dynamics of product's imports to Finland in value, 2017-2020, K $ US

Between 2017 and 2020, three key markets—France, Lithuania, and the Netherlands—collectively accounted for 83.4% of Finland's total import value for dextrins and other modified starches.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020