Starch-manufacture residues market in Western Asia

Earlier Report Observations

The starch-manufacture residues market in Western Asia expanded from 281 thousand tons in 2018 to 305 thousand tons in 2019, supported by emerging initiatives that found new uses for these by-products, such as producing fabric from banana waste in Egypt. After a dip to 283 thousand tons in 2020, the market's volume further declined to 261 thousand tons in 2021, yet its value rose, coinciding with the regional introduction of new specialized starch products from major players like Cargill and Ingredion, which shifted demand toward higher-value segments.

A sharp contraction occurred in 2022, with market volume plummeting to 111 thousand tons and value falling to 79 million US dollars, driven primarily by an over 80% drop in imports. A partial recovery to 132 thousand tons in 2023 aligned with growing emphasis on the circular economy, highlighted in a UN report stressing better waste management for industrial residues including starch by-products. By 2024, advances in waste management, such as Almarai's 21% increase in recycling rates, and a global focus on redefining waste as a resource signaled an ongoing market shift toward more sustainable practices.

Production starch-manufacture residues in Western Asia

In kind, 2017-2020, t

Top producers of starch-manufacture residues, 2017-2020

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

Western Asia's production of starch-manufacture residues grew for the third year in a row. In 2020, the region produced 80 148 tonnes, showing a modest increase of 5.8% compared to 2019. Looking at the period from 2017 to 2020, production rose by 36.9%, which translates to an average annual growth rate of 11.0%.

Annual dynamics of production in Western Asia in kind, 2017-2020, t

In value, 2017-2020, K $ US

After two years of growth, the value of starch-manufacture residues production in Western Asia fell. In 2020, output was valued at 57 552 thousand US dollars, down 14.6% year-on-year. From 2017 to 2020, however, production value increased by 53.1%, with an average annual rate of 15.2%. The peak value was recorded in 2019 at 67 407 thousand US dollars, which also saw the largest annual increase of 55.4%.

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

Exports starch-manufacture residues from Western Asia

Exports in kind, K t

In 2020, Western Asia exported 3.2 thousand tonnes of starch-manufacture residues, a significant increase of 57.6% from the previous year. Between 2017 and 2020, exports grew by 42.9%, averaging 12.6% per year. The lowest export volume was in 2019 at 2.0 thousand tonnes, which also experienced the largest decline of 20.1%.

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

From 2017 to 2020, Russia, Norway, and Iran were the top contributors to Western Asia's exports of starch-manufacture residues in volume terms. Russia accounted for 35.2% of exports, Norway for 14.4%, and Iran for 7.5%, together making up 57.1% of total export flows.

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

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

Exports in value, K $ US

Western Asia's export value of starch-manufacture residues increased for the third consecutive year. In 2020, exports reached 2 312 thousand US dollars, marking a sharp rise of 27.2% compared to 2019. Over the 2017-2020 period, export value grew by 59.8%, with a compound annual growth rate of 16.9%.

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

Between 2017 and 2020, Russia, Norway, and Iran remained the leading buyers of starch-manufacture residues from Western Asia in value terms. Russia held 35.9% of export value, Norway 14.0%, and Iran 9.2%, collectively accounting for 59.0% of total exports.

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

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

Imports starch-manufacture residues to Western Asia

Imports in kind, K t

Western Asia imported 205.7 thousand tonnes of starch-manufacture residues in 2020, a substantial decrease of 10.8% from the previous year. From 2017 to 2020, imports dropped by 51.8%, with an average annual decline of 21.6%. The largest decrease occurred in 2018 at 48.0%, while the largest increase was in 2019 at 4.0%.

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

During 2017-2020, the United States, Ukraine, and Bulgaria were the main suppliers of starch-manufacture residues to Western Asia in volume terms. The United States contributed 44.8% of imports, Ukraine 21.4%, and Bulgaria 18.9%, together representing 85.0% of total import volume.

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

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

Imports in value, K $ US

The value of starch-manufacture residues imports into Western Asia declined for the third year in a row. In 2020, imports totaled 45 427 thousand US dollars, down 4.3% from 2019. Between 2017 and 2020, import value fell by 41.5%, with an average annual decrease of 16.4%.

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

From 2017 to 2020, the United States, Ukraine, and Bulgaria dominated the import market for starch-manufacture residues in Western Asia in value terms, together accounting for 79.1% of total imports.

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

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