In 2023, Australia dominated the global export share of starch wheat with a robust performance, followed by Germany and Lithuania. Over the last couple of years, Australia and Poland showed significant growth in their export values with 3.02% and 5.77% annual variations, respectively. On the other hand, countries like China and Spain suffered notable declines, with China experiencing a sharp drop of 17.27% in 2023. Over a five-year period, the Compound Annual Growth Rate (CAGR) indicates consistent growth for several European countries, highlighting a stable market presence in this sector.
Future trends to watch include potential recovery for China and Spain as they navigate their recent downturns. Additionally, emerging markets in Southeast Asia, such as India and Thailand, could see increased shares in global exports if they capitalize on their agricultural capabilities and address existing barriers. Monitoring policy changes and international trade agreements will be crucial for predicting future shifts in the starch wheat export landscape.
Top countries in Export of Starch Wheat Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 24.69 | 2023 | +4.82% | +3.02% | View data |
| 2 | 2 Germany | 19.16 | 2023 | +2.07% | +1.92% | View data |
| 3 | 3 Lithuania | 13.81 | 2023 | +1.79% | +1.07% | View data |
| 4 | 4 France | 11.62 | 2023 | -0.64% | -2.17% | View data |
| 5 | 5 Poland | 9.18 | 2023 | +5.7% | +5.77% | View data |
| 6 | 6 Netherlands | 8.77 | 2023 | -1.06% | -2.53% | View data |
| 7 | 7 Italy | 5.64 | 2023 | +3.13% | +1.52% | View data |
| 8 | 8 Singapore | 5.16 | 2023 | +4.36% | -0.037% | View data |
| 9 | 9 Canada | 1.39 | 2023 | +0.63% | +8.32% | View data |
| 10 | 10 United Kingdom | 1.17 | 2023 | +5.28% | +3.48% | View data |
