In 2023, the United States led the global export of residues of starch manufacture, followed closely by China and Germany. Notably, China showed a strong growth rate of 4.54% compared to -0.94% in the US. European countries like Lithuania and South Korea exhibited remarkable year-on-year growth at 9.72% and 6.15%, respectively. Conversely, the Netherlands experienced a significant contraction of 39.07%. Noteworthy is the declining trend in Argentina and France with reductions of over 3%. Over the past five years, Malaysia showed the largest compound annual growth rate, hinting at an emerging export potential.
Future trends to watch include China's continuing expansion, potentially overtaking the US, alongside burgeoning potential in Southeast Asia, driven by technological advancements and increased capacity. Conversely, the European market might face challenges if current downward trends persist.
Top countries in Export of Residues of Starch Manufacture and Similar Residues by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,933,100,000 | 2023 | -0.63% | -0.94% | View data |
| 2 | 2 China | 1,718,100,000 | 2023 | +4.56% | +4.54% | View data |
| 3 | 3 Germany | 1,157,800,000 | 2023 | +2.88% | +3.91% | View data |
| 4 | 4 Belgium | 557,140,000 | 2023 | +4.06% | +3.79% | View data |
| 5 | 5 Thailand | 349,850,000 | 2023 | -1.1% | +3.96% | View data |
| 6 | 6 Austria | 210,340,000 | 2023 | +3.2% | +3.51% | View data |
| 7 | 7 Hungary | 155,620,000 | 2023 | +3.24% | +3.74% | View data |
| 8 | 8 Bulgaria | 101,750,000 | 2023 | +2.82% | +3.76% | View data |
| 9 | 9 France | 94,334,000 | 2023 | -20.64% | -3.17% | View data |
| 10 | 10 Ukraine | 83,999,000 | 2023 | +1.98% | +3.03% | View data |
