Market research

Starch-manufacture residues market in Latin America and the Caribbean

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Latin America and the Caribbean" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The market for starch-manufacture residues in Latin America and the Caribbean showed steady expansion from 2018 to 2022, with its volume increasing from 897 тыс. т to 1 090.6 тыс. т and its value rising from 576.5 млн долл. to 856.1 млн долл. This growth was accompanied by a significant rise in imports, which climbed to 381.5 тыс. т in 2022.

A key driver in 2022 was the growing valorization of agro-industrial residues for high-value applications, such as their use as biosorbents in wastewater treatment and in the production of biodegradable products. Simultaneously, technological innovations in starch manufacturing processes, including the development of modified starches, improved efficiency and opened new avenues for market growth within the circular economy model.

Following the peak in 2022, the market volume contracted slightly to 1 074.9 тыс. т in 2023, while its value decreased to 809.9 млн долл., marking a period of stabilization after the previous years of robust growth.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2018-2023
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Latin America and the Caribbean
  1. 5.1.1. Annual dynamics of production in Latin America and the Caribbean in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production starch-manufacture residues in Latin America and the Caribbean

In kind, 2017-2020, K t

Top producers of starch-manufacture residues, 2017-2020

Source: SHEV.io

World map of production of starch-manufacture residues, 2017-2020

Source: SHEV.io

Production of starch-manufacture residues in Latin America and the Caribbean declined after two years of growth. In 2020, output reached 689.9 K t, marking a slight decrease of 2.6% compared to 2019. Over the period from 2017 to 2020, production rose by 23.2%, with a compound annual growth rate of 7.2%. The peak was recorded in 2019 at 708.3 K t, which also saw the largest annual increase of 24.2%.

Annual dynamics of production in Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	1.8%	24.2%	(2.6%)	7.2%

Source: SHEV.io

In value, 2017-2020, M $ US

After two years of growth, the value of starch-manufacture residues production in Latin America and the Caribbean declined. In 2020, output was valued at 432.3 M $ US, reflecting a small decline of 1.1% from the previous year. Between 2017 and 2020, production value increased by 23.1%, equivalent to an annualized rate of 7.2%. The highest value was recorded in 2019 at 436.9 M $ US, which also experienced the largest annual increase of 15.2%.

Annual dynamics of production in Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.0%	15.2%	(1.1%)	7.2%

Source: SHEV.io

Exports starch-manufacture residues from Latin America and the Caribbean

Exports in kind, K t

Exports of starch-manufacture residues from Latin America and the Caribbean increased for the third consecutive year. In 2020, exports totaled 16.6 K t, up by 16.7% compared to 2019. From 2017 to 2020, exports grew by 48.4%, with a compound annual growth rate of 14.1%.

Annual dynamics of product's exports from Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.1%	14.5%	16.7%	14.1%

Source: SHEV.io

From 2017 to 2020, South Africa was the primary market for starch-manufacture residues from Latin America and the Caribbean, accounting for 0.6% of total exports in volume terms.

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

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

The value of starch-manufacture residues exports from Latin America and the Caribbean rose for the third year in a row. In 2020, exports amounted to 10.4 M $ US, an increase of 18.5% over 2019. Between 2017 and 2020, export value grew by 48.3%, with a compound annual growth rate of 14.0%.

Annual dynamics of product's exports from Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.8%	6.3%	18.5%	14.0%

Source: SHEV.io

During 2017–2020, China and South Africa remained the main buyers of starch-manufacture residues from Latin America and the Caribbean, together representing 1.4% of total exports in value terms.

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

Source: SHEV.io

World map of product's exports from Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io

Imports starch-manufacture residues to Latin America and the Caribbean

Imports in kind, K t

Imports of starch-manufacture residues into Latin America and the Caribbean declined after two years of growth. In 2020, imports stood at 346.8 K t, down by 1.8% year-over-year. Over the period from 2017 to 2020, imports increased by 12%, with a compound annual growth rate of 3.9%. The peak volume was recorded in 2019 at 353.0 K t, while the largest annual increase occurred in 2018 at 9.5%.

Annual dynamics of product's imports to Latin America and the Caribbean in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.5%	4.2%	(1.8%)	3.9%

Source: SHEV.io

From 2017 to 2020, the United States served as the main source of starch-manufacture residues for Latin America and the Caribbean, consistently accounting for 91.0% of total imports in volume terms.

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

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

In 2020, the value of starch-manufacture residues imports into Latin America and the Caribbean reached 197.5 M $ US, showing little change from 2019. Between 2017 and 2020, import value increased by 3.9%, equivalent to an annualized rate of 1.3%. The highest value was recorded in 2018 at 205.4 M $ US, which also saw the largest annual increase of 8.0%. In contrast, 2019 experienced the largest decline of 4.1%.

Annual dynamics of product's imports to Latin America and the Caribbean in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.0%	(4.1%)	0.3%	1.3%

Source: SHEV.io

During 2017–2020, the United States remained the overwhelmingly dominant supplier of starch-manufacture residues to Latin America and the Caribbean, accounting for 93.5% of total imports in value terms.

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

Source: SHEV.io

World map of product's imports to Latin America and the Caribbean in value, 2017-2020

Source: SHEV.io