SADC: Market for Starch other than Wheat, Corn or Potato 2024

Market Size for Starch other than Wheat, Corn or Potato in SADC

The SADC market for starch other than wheat, corn or potato totaled $X in 2023, standing approx. at the previous year. Overall, consumption continues to indicate resilient growth. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Production of Starch other than Wheat, Corn or Potato in SADC

In value terms, production of starch other than wheat, corn or potato shrank to $X in 2023 estimated in export price. In general, production, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Exports of Starch other than Wheat, Corn or Potato

Exports in SADC

In 2023, overseas shipments of starch other than wheat, corn or potato increased by X% to X tons, rising for the second consecutive year after three years of decline. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2023, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of starch other than wheat, corn or potato shrank to $X in 2023. Over the period under review, exports enjoyed a measured increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports of failed to regain momentum.

Exports by Country

In 2023, Tanzania (X tons) represented the main exporter of starch other than wheat, corn or potato, creating X% of total exports. South Africa (X tons) held the second position in the ranking, followed by Mozambique (X tons) and Zambia (X tons). All these countries together held approx. X% share of total exports. Democratic Republic of the Congo (X tons) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to starch other than wheat, corn or potato exports from Tanzania stood at X%. At the same time, Democratic Republic of the Congo (X%) and Zambia (X%) displayed positive paces of growth. Moreover, Democratic Republic of the Congo emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, South Africa (X%) and Mozambique (X%) illustrated a downward trend over the same period. Tanzania (X p.p.), Mozambique (X p.p.), Zambia (X p.p.) and Democratic Republic of the Congo (X p.p.) significantly strengthened its position in terms of the total exports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, the largest starch other than wheat, corn or potato supplying countries in SADC were South Africa ($X), Mozambique ($X) and Tanzania ($X), together comprising X% of total exports. Democratic Republic of the Congo and Zambia lagged somewhat behind, together accounting for a further X%.

Democratic Republic of the Congo, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per ton, shrinking by X% against the previous year. Overall, the export price saw a perceptible curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of export peaked at $X per ton in 2022, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Zambia (X%), while the other leaders experienced more modest paces of growth.

Imports of Starch other than Wheat, Corn or Potato

Imports in SADC

In 2023, overseas purchases of starch other than wheat, corn or potato increased by X% to X tons, rising for the fourth year in a row after three years of decline. In general, imports showed a prominent expansion. The growth pace was the most rapid in 2022 with an increase of X%. The volume of import peaked in 2023 and is expected to retain growth in the near future.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2023. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Over the period under review, imports of attained the peak figure in 2023 and are likely to continue growth in the immediate term.

Imports by Country

Tanzania represented the largest importer of starch other than wheat, corn or potato in SADC, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2023. It was distantly followed by South Africa (X tons), mixing up a X% share of total imports.

Tanzania was also the fastest-growing in terms of the starch other than wheat, corn or potato imports, with a CAGR of X% from 2012 to 2023. South Africa experienced a relatively flat trend pattern. Tanzania (X p.p.) significantly strengthened its position in terms of the total imports, while South Africa saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Tanzania ($X) constitutes the largest market for imported starch other than wheat, corn or potato in SADC, comprising X% of total imports. The second position in the ranking was held by South Africa ($X), with a X% share of total imports.

In Tanzania, imports of starch other than wheat, corn or potato increased at an average annual rate of X% over the period from 2012-2023.

Import Prices by Country

The import price in SADC stood at $X per ton in 2023, dropping by X% against the previous year. Overall, the import price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2023, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Tanzania totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by South Africa (X%).

Source: IndexBox Platform