The Glues Based on Starches or Modified Starches market in Moldova has experienced fluctuations from 2013 to 2023, with significant declines between 2014 and 2017, followed by a recovery period through to 2019. The 2023 market value stood at 577.64 thousand US Dollars, showing a relatively stable pattern over the last three years. However, the recent trend signifies a marginal downturn with negative year-on-year variations, averaging an annual compound growth rate of 0.75% over the last five years.
Future trends to watch for:
- Sustainable product innovation could drive growth in starch-based glues.
- Increasing demand for eco-friendly adhesives may enhance market opportunities.
- Potential impact of global economic conditions on market stability in Moldova.
- Technological advancements and their role in improving product efficiency and cost-effectiveness.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 31,392,000 | 2023 | -0.14% | -0.89% | View data |
| 2 | 2 Italy | 24,745,000 | 2023 | +1.14% | +1.75% | View data |
| 3 | 3 Saudi Arabia | 15,883,000 | 2023 | -0.1% | -0.46% | View data |
| 4 | 4 Greece | 14,623,000 | 2023 | +5.26% | +4.7% | View data |
| 5 | 5 Spain | 13,373,000 | 2023 | -3.08% | +0.14% | View data |
| 12 | 12 Croatia | 1,875,400 | 2023 | -0.88% | -3.69% | View data |
| 13 | 13 Senegal | 894,760 | 2023 | -2.5% | -4.8% | View data |
| 14 | 14 Moldova | 577,640 | 2023 | -0.028% | +0.75% | |
