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The import cost of tapioca starch and the latest market conditions

September 16, 2022

Compared with potato starch, tapioca starch is low in price; compared with corn starch, its non-starch impurity content is low, viscosity is high, gelatinization temperature is low, paste liquid is stable and transparent, film-forming property is good, and permeability is strong.It is precisely because tapioca starch has these excellent physical and chemical properties and processing characteristics that the market demand is strong. In 2021, China's tapioca starch imports will reach 3,485,400 tons, an increase of 728,500 tons compared with 2020, a year-on-year increase of 26.40%.The shortage needs to be affected, and the huge supply gap needs to be filled by imports.So what are the sources of my country's imported tapioca starch, the various links and costs of import, and the final cost price of the port?Summarize a table to let you know the whole thing.



FOB
CFR
Sea Freight
Exchange Rate
CIF Import VAT
Customs Clearance Cost
Starch Cost
Unit (per ton)
USD
USD
USD
USD/RMB
RMB
RMB
RMB
RMB
Thai Starch
495
29 6.8 3563.2
463.216
185 4211.4
Vietnamese Starch

500
6.8 3400
442 185 4027.0


Important information in Tapioca Starch Market:

1. Recently, the RMB has continued to depreciate against the US dollar and Vietnamese Dong;

2. From January to July, Vietnam exported 1.76 million tons of tapioca and tapioca products to China, accounting for 91.4% of the total export;
3. In August, tapioca starch inventory was about 160,000 tons in the domestic port;


Tapioca starch market summary:

With the improvement of people's living standards and the advancement of science and technology, the requirements for starch quality and product structure are also constantly improving. Starch products are gradually used in high-end fields. The diversified development of new starch products is the future direction of starch industry development. There is a huge market demand for tapioca starch in China, and the tapioca starch project has attracted much attention from investors. Tidecom technology co., ltd. has international advanced technology and complete production lines, aiming to provide customers with more cost-effective professional engineering technology and services on a global scale, to create more value for customers. The company has undertaken over 240 domestic and foreign potato starch projects. With a dedicated engineering design team and rich project execution experience, we can provide complete engineering design according to customer needs, and escort you in the investment in tapioca project!



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