In 2023, Germany leads European starch turnover, generating 4.58 billion Euros, followed by Belgium at 1.96 billion Euros. Italy showed the most significant growth at 5.24%, whereas Spain saw a decline of 0.91%. Germany's turnover increased by 2.63%, and the Netherlands grew by 1.45%. Denmark experienced a notable rise of 8.7%, while Poland's growth stood at 5.67%. Smaller markets like Finland and the Czech Republic grew at 4.53% and 9.84%, respectively.
Looking ahead, demand in markets like Italy and Poland may continue expanding, driven by consumer trends and industrial usage. Germany's leading position remains stable, though growth may moderate. Watch for technological advancements and policy changes that could impact production and consumption patterns across Europe.
Top countries in Starches and Starch Products Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,580 | 2023 | +3.4% | +2.63% | View data |
| 2 | 2 Belgium | 1,960 | 2023 | +3.2% | +0.73% | View data |
| 3 | 3 Italy | 1,770 | 2023 | +4.16% | +5.24% | View data |
| 4 | 4 Netherlands | 1,720 | 2023 | +1.36% | +1.45% | View data |
| 5 | 5 Denmark | 688.2 | 2023 | +7.65% | +8.7% | View data |
| 6 | 6 Spain | 382.4 | 2023 | -0.16% | -0.91% | View data |
| 7 | 7 Hungary | 289.1 | 2023 | +3.99% | +0.17% | View data |
| 8 | 8 Poland | 156 | 2023 | +7.22% | +5.67% | View data |
| 9 | 9 Finland | 107.1 | 2023 | +2.98% | +4.53% | View data |
| 10 | 10 Czech Republic | 97.8 | 2023 | +4.15% | +9.84% | View data |