The price of modified starch in Austria showed some fluctuations between 2012 and 2020. Initially, from 2012 to 2016, prices increased steadily, reaching a high in 2016. However, after a significant spike in 2017, the price experienced volatility, with a drop in 2018 before bouncing back to a stable level in 2019 and 2020.
Year-on-year variations suggest the price has been subject to periodic adjustments, including a significant increase in 2017, and then a normalization pattern. The compound annual growth rate (CAGR) over the last five years indicates an overall rising trend.
Looking forward, potential influences on future pricing trends include:
- Fluctuations in raw material costs, affecting starch production.
- Changes in demand due to evolving food industry needs and consumer preferences.
- Possible regulatory changes in EU agricultural policy impacting supply.
- Technological advancements that could improve production efficiency, potentially stabilizing costs.
