Belarus: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Belarus

The Belarusian beet-pulp and bagasse market rose to $X in 2022, with an increase of X% against the previous year. Over the period under review, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Beet-Pulp And Bagasse Production in Belarus

In value terms, beet-pulp and bagasse production dropped slightly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2017 indices. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Beet-Pulp And Bagasse Exports

Exports from Belarus

In 2022, shipments abroad of beet-pulp and bagasse decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports recorded a slight decrease. The pace of growth was the most pronounced in 2015 with an increase of X%. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports fell significantly to $X in 2022. Overall, exports recorded a noticeable decrease. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Lithuania (X tons) and the Netherlands (X tons) were the main destinations of beet-pulp and bagasse exports from Belarus, together accounting for X% of total exports. China, Latvia and Norway lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Lithuania ($X) and the Netherlands ($X) were the largest markets for beet-pulp and bagasse exported from Belarus worldwide, with a combined X% share of total exports. Latvia, China and Norway lagged somewhat behind, together accounting for a further X%.

Latvia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, falling by X% against the previous year. In general, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton, and then dropped markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced a decline.

Beet-Pulp And Bagasse Imports

Imports into Belarus

In 2022, supplies from abroad of beet-pulp and bagasse decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined markedly in the following year.

In value terms, beet-pulp and bagasse imports shrank markedly to $X in 2022. Overall, imports, however, enjoyed mild growth. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then contracted notably in the following year.

Imports by Country

In 2022, Russia (X tons) was the main beet-pulp and bagasse supplier to Belarus, accounting for a approx. X% share of total imports.

From 2016 to 2022, the average annual rate of growth in terms of volume from Russia stood at X%.

In value terms, Russia ($X) constituted the largest supplier of beet-pulp and bagasse to Belarus.

From 2016 to 2022, the average annual rate of growth in terms of value from Russia amounted to X%.

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2016 to 2022, the rate of growth in terms of prices for Belgium amounted to X% per year.

Source: IndexBox Platform

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