The price of modified starch per kilogram in the UK rose significantly from 2009 to 2019. Initially stable at €0.59/kg in 2009 and 2010, the price surged to €1.15/kg by 2019. This upward trend featured notable spikes, notably €0.91/kg in 2012 and €1.1/kg in 2014. The period's CAGR (Compound Annual Growth Rate) is indicative of steady growth. Recent years saw price fluctuations between €0.94 and €1.15, but there was increased stability in 2019.
Future trends to watch for include:
- Potential impact of Brexit on import prices and market dynamics.
- Impact of sustainability and eco-friendly packaging demands on starch prices.
- Global market conditions affecting the supply chain and raw material costs.
