Native Starch Price Trend and Forecast
Get the latest insights on price movement and trend analysis of Native Starch in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Native Starch Price Trend for the First Half of 2024
In the first half of 2024, the native starch market in Europe faced significant challenges due to rising costs and market volatility. The cost to produce starch surged, driven by geopolitical tensions affecting grain flows, particularly from Russia and Ukraine, and exacerbated by fluctuations in energy prices. These factors strained the operations of starch processors, making it difficult for them to stay competitive in a highly variable market environment. Despite these challenges, demand for native starch remained strong, particularly in industrial sectors where recovery outpaced that of the food industry.
Native Starch Price Chart
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The market showed signs of gradual improvement as inflation moderated, but the ongoing volatility in raw materials and energy prices continued to pressure processors. To cope, companies were forced to optimize their production processes, particularly in managing starch slurry, to cover rising costs while maintaining competitiveness. This dynamic environment may lead to the limited availability of some starch products in Europe as processors navigate these challenges. Overall, the native starch market's trajectory in H1 2024 was marked by a delicate balance between rising demand and the need to manage escalating production costs.
Analyst Insight
According to Procurement Resource, market dynamics for Native Starch are anticipated to improve moving into the second half of the year, as the supply and demand balance is seemingly getting better, positively impacting the pricing outlook.
Native Starch Price Trend for the Second Half of 2023
The native starch market is primarily influenced by factors such as growing demand from various end-use industries, including food and beverage, pharmaceuticals, and paper production. Additionally, fluctuations in raw material prices, agricultural trends, and government policies regarding agriculture and food processing also play significant roles.
In the European Agricultural Sector, the native starch market has experienced a consistent decline in prices over recent months, raising concerns among farmers and industry stakeholders. This trend is attributed to several factors reshaping the market dynamics. Plentiful supplies resulting from bumper crops, favorable weather, and increased land cultivation for natives have led to an oversupply of native starch, driving prices downward.
Financial challenges faced by farmers, compounded by disruptions in traditional export routes due to trade disputes and geopolitical tensions, have further contributed to the surplus stocks in Europe. While the food and beverage industry benefits from lower native starch prices, producers of other starches encounter challenges in this evolving market landscape. Despite a pessimistic market outlook, modest price increases were seen by the end of the fourth quarter of 2023, with sufficient inventory to meet market demands.
Analyst Insight
According to Procurement Resource, the price of Native Starch is expected to be based on the limited outlook of the downstream industries and the reduction in consumer interest in this sector.
Native Starch Price Trend for the First Half of 2023
Native Starch is the purest form of Starch that is sourced from the primary carbohydrate crop of any region, for example, potato starch in Asia, corn starch in the USA, and cassava starch in Africa. So, the Native Starch prices fluctuate with the fluctuations in prices of its feedstock crops such as corn, potato, cassava, etc.
Corn starch prices fluctuated throughout the said period in USA and China. The prices mostly remained inclined with some occasional short-lived reverse fluctuations as the demands from both domestic and international markets remained high and inventories kept getting utilized.
Similarly, the corn starch prices showed inclining price trend in most of the global starch markets, as corn production was hampered this year because of unforeseen and unseasonal weather changes affecting feedstock corn availability. While the end consumer demands stayed high throughout the said period. Some stability was observed as Q2 approached an end as the trade started normalizing. Hence, the price trend for Native Starch recorded oscillating pricing fundamentals in the first half of 2023.
Analyst insight
According to Procurement Resource, the Native Starch prices will continue to fluctuate in the upcoming months. The volatile downstream demands, along with feedstock availability and prices, will continue to be the determining factors.
Procurement Resource provides latest prices of Native Starch. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Native Starch is basically known for its pure form, that is, it is the unmodified form of starch. It is composed of long chains of carbohydrates. It can be obtained from corn, tapioca, wheat, potato, rice, cassava and other food products. Native Starches are insoluble in cold water and are known to swell to different degrees based on type and temperature conditions. They are widely used in used for a variety of food as well as industrial applications.
Report Features | Details |
Product Name | Native Starch |
Industrial Uses | Food additive, Thickening, texturising, and stabilising agent, Gelling and film forming, Processed food products, Batters and breadings, Brewing adjuncts, Animal food |
Supplier Database | Cargill, Incorporated, Novidon B.V, Tereos SA, Archer Daniels Midland Company (ADM), Ingredion Incorporated, Roquette Frères SA |
Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
Currency | US$ (Data can also be provided in local currency) |
Supplier Database Availability | Yes |
Customization Scope | The report can be customized as per the requirements of the customer |
Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In order to produce Native Starch via Wet Technique, Starch is derived or obtained from seeds, roots and tubers of the starch-rich crops.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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