Analyzing the 2023 data, Indonesia leads with the highest import share of starch residues, showing a significant year-on-year growth of 4.64%. Meanwhile, South Korea and Chile follow closely, each with steady growth. The United States has also increased its import value by 3.36%, showing robust demand. Notably, countries like Norway and Greece experienced commendable growth, with increases of 3.79% and 3.89%, respectively. However, countries such as Japan and Switzerland saw declines of 3.05% and 4.46%, indicating market shifts. On a broader scale, the market evidences varied growth trends and provides insight into shifting geopolitical economic influences.
The future trends for global imports of starch residue are poised to hinge on economic recovery patterns and agricultural production capabilities. Potential fluctuations in demand from growing economies like Indonesia and Malaysia may affect market dynamics. Environmental policies pushing for sustainability in production may impact residue exports and imports. Additionally, supply chain resilience amid economic instabilities could play a critical role in shaping future import trends.
Top countries in Import of Residues of Starch Manufacture and Similar Residues Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 11.8 | 2023 | +1.84% | +4.64% | View data |
| 2 | 2 South Korea | 9.58 | 2023 | +1.6% | +0.63% | View data |
| 3 | 3 Chile | 7.12 | 2023 | +3.44% | +3.21% | View data |
| 4 | 4 Egypt | 6.25 | 2023 | +0.57% | +0.57% | View data |
| 5 | 5 United States | 5.67 | 2023 | +4.44% | +3.36% | View data |
| 6 | 6 Netherlands | 5.08 | 2023 | -0.31% | -0.17% | View data |
| 7 | 7 Colombia | 5.06 | 2023 | +3.25% | +3.56% | View data |
| 8 | 8 Germany | 4.72 | 2023 | +0.78% | +0.058% | View data |
| 9 | 9 Norway | 4.25 | 2023 | +1.86% | +3.79% | View data |
| 10 | 10 France | 4.1 | 2023 | +1.53% | +1.42% | View data |
