Corn Starch Prices, Latest News, Demand, Chart and Forecast | Q2 2024 Latest Data

𝗖𝗼𝗿𝗻 𝗦𝘁𝗮𝗿𝗰𝗵 𝗣𝗿𝗶𝗰𝗲 𝗶𝗻 𝗨𝗦𝗔
• 𝗨𝗔𝗘: 454 USD/MT

During Q1 2024, the corn starch prices in the UAE reached 454 USD/MT in March.

The latest report by IMARC Group, titled "𝗖𝗼𝗿𝗻 𝗦𝘁𝗮𝗿𝗰𝗵 𝗣𝗿𝗶𝗰𝗶𝗻𝗴 𝗥𝗲𝗽𝗼𝗿𝘁 𝟮𝟬𝟮𝟰: 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱, 𝗖𝗵𝗮𝗿𝘁, 𝗠𝗮𝗿𝗸𝗲𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀, 𝗡𝗲𝘄𝘀, 𝗗𝗲𝗺𝗮𝗻𝗱, 𝗛𝗶𝘀𝘁𝗼𝗿𝗶𝗰𝗮𝗹 𝗮𝗻𝗱 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗗𝗮𝘁𝗮," provides a thorough examination of corn starch prices. This report delves into globally, presenting a detailed analysis, along with informative price chart. Through comprehensive price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

𝗖𝗼𝗿𝗻 𝗦𝘁𝗮𝗿𝗰𝗵 𝗣𝗿𝗶𝗰𝗲𝘀 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗖𝗵𝗶𝗻𝗮: 469 USD/MT
• 𝗕𝗲𝗹𝗴𝗶𝘂𝗺: 704 USD/MT

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

The study delves into the factors affecting corn starch price variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.

The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗙𝗼𝗿 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗖𝗼𝗽𝘆 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁: https://www.imarcgroup.com/corn-starch-pricing-report/requestsample

𝗖𝗼𝗿𝗻 𝗦𝘁𝗮𝗿𝗰𝗵 𝗣𝗿𝗶𝗰𝗲 𝗧𝗿𝗲𝗻𝗱- 𝗟𝗮𝘀𝘁 𝗤𝘂𝗮𝗿𝘁𝗲𝗿

The widespread application in various industries such as food and beverage, pharmaceuticals, and textiles is driving the global market. In the food sector, the increasing demand for processed foods, ready-to-eat meals, and convenience products is propelling the need for corn starch as a thickening and stabilizing agent. In the pharmaceutical industry, corn starch is used in drug formulation and as a disintegrant in tablets, contributing to market growth.

Additionally, the growing focus on bio-based products and sustainable materials is encouraging the use of corn starch in biodegradable packaging and other environmentally friendly products. The rising population and changing consumer preferences for gluten-free and plant-based ingredients are further supporting market expansion. Furthermore, the rise in corn production and advances in processing technology are improving product availability and reducing production costs, enhancing the market's growth potential.     

𝗖𝗼𝗿𝗻 𝗦𝘁𝗮𝗿𝗰𝗵 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀

During Q2 2024, the corn starch market in North America experienced ongoing decreases in prices due to a combination of low demand and disruptions on the supply side. The area experienced an excess of corn due to extra inventory from earlier harvests, causing prices to decrease. Geopolitical relaxation also played a role in decreasing freight expenses, which led to lower shipment costs. Price drops in the United States were especially sharp as there were too many unsold goods and not enough buying in different industries. Decreased consumer confidence due to inflation led to a drop in the demand for corn starch.

In the Asia Pacific market, prices declined in April, particularly in China where there was a significant decrease in sales as a result of excessive inventory and attempts to reduce stock levels. Dwindling interest and abundant local corn stock continued to weigh on prices. Nevertheless, towards the middle of the quarter, increased production expenses, difficulties with logistics, and disruptions in the global supply chain started causing prices to increase.      

The European market faced a major drop in costs, largely caused by high inflation, economic instability, and surplus of inventories. An excess of supply caused a decrease in demand, forcing suppliers to provide discounts, with the added factor of lower costs for raw materials and shipping also causing prices to decline. In Germany, there was especially strong pressure, as demand from the food and production sectors was lower than anticipated, leading to a pessimistic market outlook.

Anticipated seasonal demand did not occur, worsening the price decline. During the second quarter of 2024, the corn starch market in the Middle East and Africa experienced a variety of trends. In the beginning of the quarter, prices dropped since there were too many products in stock and logistics costs decreased, especially in the UAE. Expecting more price hikes, customers bought in large quantities, increasing the demand even more.      

𝗕𝗿𝗼𝘄𝘀𝗲 𝗙𝘂𝗹𝗹 𝗥𝗲𝗽𝗼𝗿𝘁 𝗛𝗲𝗿𝗲: https://www.imarcgroup.com/corn-starch-pricing-report 

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal, and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼: (D) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.