The Estonian starches and starch products market reached a value of 18.812 million Euros in 2023. The market exhibited steady growth from 2019, with year-on-year increases ranging from 3.54% to 11.07%. The compound annual growth rate (CAGR) over the past five years was 5.06%, indicating a positive trend overall, despite minor fluctuations in individual years.
Future trends to watch for include:
- Potential shifts in consumer demand towards alternative starches driven by health and sustainability trends.
- The impact of technological innovations in starch processing on market dynamics.
- Changes in EU agricultural policies that may affect raw material supply and pricing.
- Global economic factors that could influence Estonia's export potential within this sector.
How does Estonia rank in Starches and Starch Products Market Size Value?
| # | 13 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 2,560,700,000 | 2023 | +1.46% | +1.76% | View data |
| 2 | 2 Germany | 1,447,100,000 | 2023 | -3.65% | +0.67% | View data |
| 3 | 3 Italy | 860,770,000 | 2023 | +1.09% | +0.48% | View data |
| 4 | 4 United Kingdom | 713,020,000 | 2023 | -0.84% | -1.26% | View data |
| 5 | 5 Denmark | 561,220,000 | 2023 | +3.28% | +3.35% | View data |
| 11 | 11 Croatia | 52,075,000 | 2023 | -1.94% | -3.21% | View data |
| 12 | 12 Slovenia | 28,511,000 | 2023 | +3.71% | +0.9% | View data |
| 13 | 13 Estonia | 18,812,000 | 2023 | +3.54% | +5.06% | |
