Maltodextrin Price Trend and Forecast

Maltodextrin Regional Price Overview

Get the latest insights on price movement and trend analysis of Maltodextrin in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Maltodextrin Price Trend for the Second Half of 2023

Maltodextrin prices were observed to fluctuate throughout the given period of the last two quarters of 2023. Since the hydrolysis of plant-based starch yields maltodextrin, their price trends align very closely with each other. The consumption behavior of the downstream food and beverage industries also capaciously drove the maltodextrin price trends.
 

Maltodextrin Price Chart

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The third quarter began on a more stable note for maltodextrin in July as the price graph was more or less plateaued during Q3. The market attributes were largely stable, with some minor occasional fluctuations. However, the fourth quarter posed some difficulties for maltodextrin suppliers as the revenue started dipping continuously. The shipping hindrances in the Red Sea disturbed global trade, and thus, the offshore orders plunged, which rippled into an accumulation of excess supplies in source markets. Overall, mixed market trends were observed in H2’23.

Analyst Insight

According to Procurement Resource, the Maltodextrin price trends are expected to continue wavering in the coming months; since the supplies are in excess, the price will take time to improve.
 

Maltodextrin Price Trend for the First Half of 2023

The price trend for Maltodextrin closely mimicked that of its feedstock starch prices. The starch prices mostly performed poorly in the international market during the first half of 2023. This dip in prices was majorly attributed to the increased grain and starch source supplies, especially from countries like Ukraine. As the black sea agreement materialized, Ukrainian grains got open access to the world market during the ongoing war between Ukraine and Russia.

Product availability rose in an already saturated global market, and the upstream costs declined. Further, the declining freight, fuel, and energy charges aided the downward trend. Hence, all these factors led to low swinging price trend for Maltodextrin in H1’23.

Analyst insight

According to Procurement Resource, Maltodextrin prices are expected to remain volatile in the coming months. The uncertain downstream demands amid overstocked inventories will likely impact the maltodextrin prices.

Procurement Resource provides latest prices of Maltodextrin. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.