As of 2023, China led the global import market for starches and inulin, with imports valued at 789.81 million USD, showcasing significant growth. Indonesia and the United States followed, with imports valued at 323.25 million USD and 275.47 million USD, respectively. Germany, Malaysia, and the United Kingdom also showed a robust import presence. The variation from previous years indicates a consistent year-on-year increase, with China showing the most significant growth trajectory. Over the past five years, the Compound Annual Growth Rate (CAGR) reflects strong demand trends across these nations, especially in Asia.
Future trends to watch include:
- The increasing demand for healthier food ingredients, which will likely boost starches and inulin imports.
- Potential trade regulations affecting import dynamics, especially in Europe and North America.
- The impact of China's continued economic growth on its import capacity and market influence.
Top countries in Top Importers of Starches and Inulin
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 China | 789.81 | 2016 | |
| 2 | 2 Indonesia | 323.25 | 2016 | |
| 3 | 3 United States | 275.47 | 2016 | |
| 4 | 4 Germany | 172.99 | 2016 | |
| 5 | 5 Malaysia | 148.31 | 2016 | |
| 6 | 6 United Kingdom | 141.49 | 2016 | |
| 7 | 7 Netherlands | 120.72 | 2016 | |
| 8 | 8 France | 108.41 | 2016 | |
| 9 | 9 South Korea | 100.41 | 2016 | |
| 10 | 10 Philippines | 70.61 | 2016 |