In 2023, Germany led Europe's starch production with €935.89M, growing 3.2% year-on-year. Belgium and Denmark showed notable increases of 12.26% and 10.86%, respectively. Meanwhile, the Netherlands and France saw declines, with France experiencing a significant drop of 15.08%. Italy, Spain, and Lithuania saw moderate growth, with rates ranging from 3.21% to 7.74%. Other countries like the United Kingdom and Poland recorded minimal changes. Overall, variations indicate a mixed performance across Europe with a tendency towards moderate growth in major markets, aside from notable exceptions.
Future trends to watch include:
- Innovation and demand shifts driven by sustainable and specialty starches may boost production in eco-conscious markets.
- Potential economic and trade impacts, especially related to upcoming regulations and geopolitical factors, could influence output and market positioning.
- Technological advancements and efficiencies could streamline production processes, influencing growth rates positively.
Top countries in Sold Production of Starches by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 935,890,000 | 2023 | +1.71% | +3.2% | View data |
| 2 | 2 Netherlands | 587,210,000 | 2023 | -0.24% | -3.18% | View data |
| 3 | 3 Belgium | 429,390,000 | 2023 | +6.86% | +12.26% | View data |
| 4 | 4 France | 339,090,000 | 2023 | -1.72% | -15.08% | View data |
| 5 | 5 Denmark | 301,180,000 | 2023 | +9.23% | +10.86% | View data |
| 6 | 6 Italy | 244,660,000 | 2023 | +2.07% | +4.36% | View data |
| 7 | 7 Spain | 203,590,000 | 2023 | +1.7% | +3.21% | View data |
| 8 | 8 Lithuania | 168,420,000 | 2023 | +5.66% | +7.74% | View data |
| 9 | 9 Poland | 138,020,000 | 2023 | +3.26% | +2.65% | View data |
| 10 | 10 Finland | 125,860,000 | 2023 | +4.85% | +4.36% | View data |
