Report Update: May 1, 2024

Bulgaria - Beet-Pulp And Bagasse - Market Analysis, Forecast, Size, Trends And Insights

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Beet-Pulp and Bagasse Price in Bulgaria - 2023

Beet-Pulp and Bagasse Price in Bulgaria (CIF) - 2022

In 2022, the average beet-pulp and bagasse import price amounted to $273 per ton, picking up by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Serbia ($395 per ton), while the price for Moldova ($195 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+32.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Beet-Pulp and Bagasse Price in Bulgaria (FOB) - 2022

In 2022, the average beet-pulp and bagasse export price amounted to $350 per ton, with a decrease of -2.9% against the previous year. In general, the export price, however, posted perceptible growth. The most prominent rate of growth was recorded in 2021 an increase of 69%. As a result, the export price reached the peak level of $361 per ton, and then reduced modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Greece.

From 2013 to 2022, the rate of growth in terms of prices for Romania amounted to +9.5% per year.

Beet-Pulp and Bagasse Imports in Bulgaria

After three years of growth, overseas purchases of beet-pulp and bagasse decreased by -64.2% to 1.4K tons in 2022. Over the period under review, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of 11% against the previous year.

In value terms, beet-pulp and bagasse imports reduced markedly to $380K in 2022. Overall, imports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year.

Import of Beet-Pulp and Bagasse in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Moldova	646	447	698	150	-38.5%
Ukraine	N/A	19.0	N/A	93.1	121.4%
Austria	N/A	30.3	95.3	82.7	65.2%
Greece	N/A	23.2	83.1	42.8	35.8%
Serbia	N/A	221	5.8	10.2	-78.5%
Others	N/A	16.4	N/A	0.7	-79.3%
Total	646	757	883	380	-16.2%

Top Suppliers of Beet-Pulp and Bagasse to Bulgaria in 2022:

Moldova (770.0 tons)
Ukraine (262.1 tons)
Austria (211.8 tons)
Greece (120.3 tons)
Serbia (25.7 tons)

Beet-Pulp and Bagasse Exports in Bulgaria

Beet-pulp and bagasse exports from Bulgaria dropped remarkably to 1.1K tons in 2022, with a decrease of -17.9% on 2021 figures. In general, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 910%. As a result, the exports attained the peak of 1.4K tons, and then shrank dramatically in the following year.

In value terms, beet-pulp and bagasse exports contracted remarkably to $400K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,609%. As a result, the exports attained the peak of $501K, and then dropped sharply in the following year.

Export of Beet-Pulp and Bagasse in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Greece	49.1	29.3	501	400	101.2%
Romania	124	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	174	29.3	501	400	32.0%

Top Export Markets for Beet-Pulp and Bagasse from Bulgaria in 2022:

Greece (1.1K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beet-pulp and bagasse market in Bulgaria. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10812000 - Beet-pulp, bagasse and other sugar manufacturing waste (including defecation scum and filter press residues)

Country coverage:

Bulgaria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bulgaria
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023