The Corn Starch market in Sweden exhibited varied trends over the period of 2012 to 2022. Starting from 12.051 million kilograms in 2012, the market saw gradual increases reaching a peak of 13.418 million kilograms in 2016. However, starting from 2017, a decline ensued, and by 2022 the market volume stood at 11.39 million kilograms. Significant year-on-year variations characterized this period, notably a peak year-on-year increase of 9.48% in 2012 and a sharp decline of -9.62% in 2017. The Compound Annual Growth Rate (CAGR) over the last five years was -1.25%, indicating an overall decrease in market volume.
Future trends to watch for include potential market stabilization or further decline in consumption, influenced by factors such as changes in dietary preferences, innovations in corn starch alternatives, and possible economic impacts. Additionally, monitoring shifts in industrial usage and environmental policies could provide insights into market trajectory.
How does Sweden rank in Corn Starch Market Size Volume?
| # | 7 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 368,900,000 | 2023 | +3.27% | +2.36% | View data |
| 2 | 2 United Kingdom | 87,828,000 | 2023 | +0.98% | +0.85% | View data |
| 3 | 3 Belgium | 22,808,000 | 2023 | -0.53% | +0.065% | View data |
| 4 | 4 Greece | 20,041,000 | 2023 | +1.95% | +1.47% | View data |
| 5 | 5 Denmark | 11,819,000 | 2023 | -0.4% | +0.33% | View data |
| 6 | 6 Sweden | 11,818,000 | 2023 | +1.05% | -0.6% | |
| 7 | 7 Finland | 2,819,400 | 2023 | -1.8% | +0.24% | View data |