Report Update: May 1, 2024

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

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Beet-Pulp and Bagasse Price in Thailand - 2023

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

The average beet-pulp and bagasse export price stood at $272 per ton in 2022, increasing by 5.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2020 an increase of 13%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +2.4% per year.

Beet-Pulp and Bagasse Price in Thailand (CIF) - 2023

The average beet-pulp and bagasse import price stood at $473 per ton in September 2023, growing by 8.3% against the previous month. Over the period under review, the import price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 25% m-o-m. As a result, import price attained the peak level of $597 per ton. From April 2023 to September 2023, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($540 per ton), while the price for Egypt ($436 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Egypt (-0.1%), while the prices for the other major suppliers experienced a decline.

Beet-Pulp and Bagasse Exports in Thailand

In 2022, overseas shipments of beet-pulp and bagasse decreased by -8.7% to 14K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 3.7%. As a result, the exports attained the peak of 15K tons, and then reduced in the following year.

In value terms, beet-pulp and bagasse exports fell to $3.7M in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 13% against the previous year.

Export of Beet-Pulp and Bagasse in Thailand (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	3.1	3.6	3.8	3.7	6.1%
Others	0.1	0.1	0.1	N/A	0.0%
Total	3.2	3.6	3.9	3.7	5.0%

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

Japan (13.7K tons)

Beet-Pulp and Bagasse Imports in Thailand

In 2022, imports of beet-pulp and bagasse into Thailand contracted to 5.7K tons, with a decrease of -5.7% against the previous year's figure. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports reached the peak of 6.1K tons, and then declined in the following year.

In value terms, beet-pulp and bagasse imports soared to $2.8M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Beet-Pulp and Bagasse in Thailand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Korea	813	1,149	1,229	891	3.1%
China	N/A	166	93.9	782	117.0%
Egypt	77.0	176	456	708	109.5%
Ukraine	N/A	N/A	523	338	-35.4%
Chile	376	200	N/A	N/A	-46.8%
Others	17.4	33.6	14.7	57.5	48.9%
Total	1,284	1,725	2,317	2,776	29.3%

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

Egypt (1.8K tons)
South Korea (1.7K tons)
China (1.4K tons)
Ukraine (0.8K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the beet-pulp and bagasse market in Thailand. 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:

Thailand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Thailand
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