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Potato Starch Price Trend

For the Fourth Quarter of 2021


Potatoes emerged as one of the best alternative crops for structural adjustment in the Sickle region due to their adaptability and market potential. The planting area of potatoes, however, continued to fall due to the influence of soybean subsidies and the development of the corn market. In the years 2019 and 2020, after hitting a low point, there was a minor bounce. In 2021, the potato growing area shrank again, this time due to rising corn prices. In Q4 2021, Heilongjiang Haotian’s selling price was 3,500 RMB/MT. China and India were the top tuber producers, followed by the Russian Federation, Ukraine, the United States, and Germany.

North America

In Q4 of 2021, the average potato starch price (export) was 1100 USD/MT. The companies were extensively investing in research and development in order to bring new products to market and expand their product portfolio. Furthermore, as consumers became more health-conscious, manufacturers began to develop healthier value-added potato chip varieties. Items with lower cholesterol, fat, and calorie content, as well as those supplemented with healthy ingredients, fall into this category. In addition, the well-organized retail sector fostered market expansion by making potato chips readily available in hypermarkets, supermarkets, and convenience stores. Drought conditions and unusually hot summer temperatures in 2021 drastically reduced average yields, resulting in a decrease in Idaho potato production.


In Europe, potato starch is more established and has a broader range of applications. In addition to being directly used, it can be modified to produce starches with diverse features and properties via physical, chemical, and biological processes, which the industry refers to as "modified starch." There are currently about 2,000 different varieties of modified starch products available worldwide, with over 360 of them being regularly utilised. The German export price was recorded at 719 USD/MT.

Latin America

Low consumption was ascribed to a lack of availability as well as Mexicans' high prices for fresh potatoes. Fresh Mexican potatoes cost about 25 pesos per kilogramme throughout the country, while those from the United States, on the other hand, cost between 10 and 15 pesos per kilo once they enter the 26-kilometer border zone. The average export price in Brazil was 610 USD/MT in the final quarter of 2021.

For First, Second and Third Quarters of 2021


The price in China was recorded at 0.97 USD/kg. In 2021, the supply of vegetables was hampered by the epidemic and two cold waves in the south. Logistics and transportation became more complex, and the costs of domestic agricultural items rose dramatically, supporting the price increase of potatoes. The price of potato starch was undoubtedly boosted by the increase in the price of fresh potatoes. On the other hand, the price has also soared due to the strong increase in corn and tapioca starch. Cassava starch prices climbed dramatically between the end of 2020 and the beginning of 2021, with a total rise of 200–300 RMB/MT. Industry insiders and Zhuochuang calculated that domestic cassava starch spot supply was limited, transportation costs continued to rise, container capacity was limited, and the US dollar depreciated, among other causes.

North America

The average potato starch price (export) for the first three quarters was 1070 USD/MT. For ready-to-eat products and mixes, such as baked goods and dessert mixes, potato starch was in high demand. It was also favoured because of its other health benefits, such as minimising carcinogenic chemical absorption, lowering blood glucose levels, and enhancing mineral absorption, such as magnesium and calcium.


The average potato starch price in Germany was 750 USD/MT for the first three quarters of the year. The growing food and beverage industry, particularly in emerging economies, boosted the product’s market. Thickeners, glue agents, bulking ingredients, water binder, and anti-caking ingredients, among other things, were required in food industries such as the meat industry, bakeries, confectionery, and dry mixes.People were consuming more convenient and processed foods as a result of rising disposable income and a growing middle-class population, which helped the market flourish.

Latin America

By a 5-0 vote, the Mexican Supreme Court overturned a lower court ruling that had barred the Mexican federal government from allowing fresh American potatoes to be imported throughout the country in April of this year. The average export price in Brazil was 569 USD/MT.

For the Year 2020


According to the 2020 China Potato Starch High-end Forum organised by the Potato Starch Committee of the China Starch Industry Association in Sanya, the domestic demand for the commodity was above 800,000 MT per year due to the rapid development of the food industry. And the market for stiff demand was expanding. Its overall output in China was much in excess of the rigid demand, necessitating price increases. In 2020, Heilongjiang Haotian’s selling price was 3,300 RMB/MT.

In recent years, China's output of the product has remained stable at 400,000–700,000 MT, owing to a variety of factors including processing of raw materials, production technology, environmental protection, and production prices. China produced 660,000 MT of starch in 2020, up 45.39% from the previous year. The demand fell somewhat in 2020 as a result of a clear price change and the impact of the new crown pneumonia pandemic on the catering industry. In 2020, consumption was expected to be at 740,000 MT, down 6.3% from 2019.


The average German potato starch price (export) was recorded at 805 USD/MT in 2020. In Eastern Europe and Scandinavia, crushed potatoes were heated to convert their starch to fermentable sugars, which were used in the manufacturing of alcoholic beverages such as vodka and akvavit. As a result, greater potato production and consumption in various parts of Europe aided the market's expansion throughout time.

North America

In 2020, the US potato starch price was recorded at 884 USD/MT in January, 841 USD/MT in February, and 861 USD/MT in March. The North American potato chip industry was driven by people's hectic lifestyles, which resulted in an increase in demand for convenient and ready-to-eat snacking options like potato chips. Furthermore, a variety of chip flavours, textures, and tastes were available from diverse suppliers throughout the region.

Latin America

The average potato starch price (export) in Brazil was 640, 600, and 620 USD/MT in the second, third, and fourth quarter, respectively. The frozen potato market in South America is separated into two categories: product and end-user. Based on product, the market is segmented into French fries, hash browns, shaped, mashed, battered, cooked, topped, stuffed, and others. The French Fries segment topped the frozen potato market in South America in 2019. This was due to the fact that it was simple to use and prepare. As fast food and quick-service restaurants became more popular, so did the need for frozen French fries all across the world. The demand for French fries has surged as a result of the rising demand for frozen potatoes in South America.

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Procurement Resource provides latest prices of Potato 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.

Chart Description:

Procurement Resource provides prices of Potato Starch for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Potato Starch:

Potato Starch is basically starch that is derived from potatoes. Potato Starch comprises of large oval, spherical granules that are found in different range or size, generally between 5 and 100 μm. Potato starch is a very refined starch composed of minimal protein or fat, which gives it a bright white colour. This powder has a high binding strength, reasonable viscosity and a minimal foaming capacity.

Industrial Uses:

  • General thickener
  • Binder
  • Texturiser
  • Anti-caking or gelling agent
  • Finished products 
  • Snack foods
  • Processed meats
  • Baked goods
  • Noodles
  • Shredded cheese
  • Sauces
  • Gravies
  • Soups
  • Yeast filtration

Production Processes:

  • Production of Potato Starch from Potatoes via Extraction 

To produce starch, firstly potatoes are crushed. Then, these crushed potatoes are used to release the starch grains from their destroyed cells. Finally, the starch is washed out and dried to powdered form, thus, resulting in the formation of Potato Starch.

Supplier Database:

  • Cargill, Incorporated 
  • Ingredion Incorporated
  • Emsland Group
  • Tereos S.A.
  • Novidon B.V.

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.


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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