Starch-manufacture residues market in Northern Europe

Earlier Report Observations

The starch-manufacture residues market in Northern Europe began the period at a high volume of 612 thousand tons in 2018, supported by peak consumption levels across Europe and strong demand from the food, beverage, and paper manufacturing industries. Strategic moves by major players, such as Archer Daniels Midland Company acquiring a stake in a food ingredients business and Tate & Lyle PLC expanding its R&D capabilities, reflected the market's vitality. However, by 2019, the market receded to 574 thousand tons amid a phase of stabilization and a lack of new growth drivers or facility expansions.

Market volume rebounded sharply to 625 thousand tons in 2020 and surged to a peak of 744 thousand tons in 2021. This growth was primarily fueled by accelerated consumer demand for clean-label and natural ingredients, a trend that intensified during the COVID-19 pandemic. Furthermore, a sustained shift in consumer preferences towards sustainable and plant-based products continued to stimulate consumption throughout 2021.

From 2022, the market contracted significantly, falling to 577 thousand tons and then to 509 thousand tons in 2023. During these years, the industry saw continued strategic activity, including the formation of a joint venture between AGRANA and Ingredion to expand production capacity in Romania and Tate & Lyle's acquisition of CP Kelco. Despite these investments aimed at strengthening supply capabilities, the overall market volume declined, indicating a reduction in demand or broader market adjustments.

Production starch-manufacture residues in Northern Europe

In kind, 2017-2020, K t

Top producers of starch-manufacture residues, 2017-2020

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

Production of starch-manufacture residues in Northern Europe has increased for the third year in a row. In 2020, the region produced 405.0 K t, marking a moderate 5.7% rise from the previous year. Looking at the period from 2017 to 2020, production grew by 18%, with an average annual growth rate of 5.7%.

Annual dynamics of production in Northern Europe in kind, 2017-2020, K t

In value, 2017-2020, M $ US

In 2020, the output of starch-manufacture residues in Northern Europe was valued at 420.9 M $ US, up 2.4% from 2019. From 2017 to 2020, production increased by 9.5%, translating to an annualized rate of 3.1%. The largest increase occurred in 2018 at 7.5%, while the largest decline was in 2019 at 0.5%.

Annual dynamics of production in Northern Europe in value, 2017-2020, M $ US

Exports starch-manufacture residues from Northern Europe

Exports in kind, K t

Exports of starch-manufacture residues from Northern Europe have risen for the third consecutive year. In 2020, exports reached 40.3 K t, a 1.7% increase over the previous year. Between 2017 and 2020, exports surged by 54.9%, with an annualized growth rate of 15.7%.

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

From 2017 to 2020, the top destinations for starch-manufacture residues exports from Northern Europe in kind were the United States (32.3% of exports), Germany (12.4%), and the Netherlands (7.0%). Together, these three countries accounted for 51.6% of total export flows.

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

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

Exports in value, M $ US

After two years of growth, Northern Europe's exports of starch-manufacture residues in value terms declined. In 2020, exports amounted to 41.9 M $ US, down 1.4% from the previous year. Between 2017 and 2020, exports increased by 43.7%, with an annualized rate of 12.8%. The peak value was recorded in 2019 at 42.4 M $ US, while the largest increase occurred in 2018 at 44.6%.

Annual dynamics of product's exports from Northern Europe in value, 2017-2020, M $ US

From 2017 to 2020, the main markets for starch-manufacture residues exports from Northern Europe in value terms were the United States (43.0% of exports), Germany (16.1%), and the Netherlands (8.6%). Collectively, these three countries represented 67.7% of total export flows.

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

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

Imports starch-manufacture residues to Northern Europe

Imports in kind, K t

In 2020, imports of starch-manufacture residues into Northern Europe totaled 259.9 K t, a 12.7% increase year-over-year. The lowest import volume was in 2019 at 230.6 K t, while the highest was in 2018 at 286.8 K t. The largest decline occurred in 2019, dropping by 19.6%.

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

Between 2017 and 2020, imports of starch-manufacture residues into Northern Europe in kind were widely distributed across partner countries. The United States (19.1% of imports), China (15.3%), and Belgium (10.8%) together made up only 45.2% of total import flows.

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

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

Imports in value, M $ US

In 2020, the value of imported starch-manufacture residues in Northern Europe stood at 166.4 M $ US, showing a strong 14.9% year-over-year increase. From 2017 to 2020, imports decreased by 3%, with a compound annual growth rate of -1.0%. The lowest value was in 2019 at 144.8 M $ US, and the highest was in 2018 at 180.7 M $ US. The largest decline was in 2019, falling by 19.9%.

Annual dynamics of product's imports to Northern Europe in value, 2017-2020, M $ US

From 2017 to 2020, the country composition of imports in value terms was dispersed. China (22.5% of imports), Germany (11.1%), and Hungary (10.0%) together formed just 43.6% of total flows, with the remaining 56.4% spread across a wide range of other destinations.

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

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