Global Beet-Pulp And Bagasse Market 2023

Beet-Pulp And Bagasse Market Size

In 2022, the global beet-pulp and bagasse market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.6% 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 -17.6% against 2019 indices. Over the period under review, the global market hit record highs at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Beet-Pulp And Bagasse Production

In value terms, beet-pulp and bagasse production reduced modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 22% against the previous year. Global production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Beet-Pulp And Bagasse Exports

Exports

After two years of decline, overseas shipments of beet-pulp and bagasse increased by 21% to X tons in 2022. The total export volume increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, beet-pulp and bagasse exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Russia represented the largest exporter of beet-pulp and bagasse in the world, with the volume of exports recording X tons, which was approx. 30% of total exports in 2022. Egypt (X tons) ranks second in terms of the total exports with a 14% share, followed by France (11%), the United States (9%) and the Netherlands (8.3%). Germany (X tons), the Czech Republic (X tons), Belgium (X tons), Austria (X tons), Ukraine (X tons), Turkey (X tons) and Serbia (X tons) held a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to beet-pulp and bagasse exports from Russia stood at +6.5%. At the same time, Turkey (+82.2%), Austria (+10.2%), the Netherlands (+2.4%) and Ukraine (+1.4%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter exported in the world, with a CAGR of +82.2% from 2012-2022. Egypt experienced a relatively flat trend pattern. By contrast, France (-2.1%), Germany (-2.3%), the United States (-2.5%), Belgium (-3.1%), the Czech Republic (-4.3%) and Serbia (-4.3%) illustrated a downward trend over the same period. While the share of Russia (+12 p.p.) and Turkey (+1.8 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of the Czech Republic (-1.9 p.p.), the United States (-4.3 p.p.) and France (-4.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), Egypt ($X) and the United States ($X) constituted the countries with the highest levels of exports in 2022, together comprising 59% of global exports. France, the Netherlands, Austria, Serbia, the Czech Republic, Ukraine, Germany, Turkey and Belgium lagged somewhat behind, together accounting for a further 28%.

In terms of the main exporting countries, Turkey, with a CAGR of +86.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average beet-pulp and bagasse export price amounted to $X per ton, increasing by 6.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 12% against the previous year. The global export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+5.2%), while the other global leaders experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports

In 2022, global beet-pulp and bagasse imports totaled X tons, with an increase of 8.2% on the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 12%. Global imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports soared to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons), distantly followed by China (X tons), Italy (X tons), Ireland (X tons), the Netherlands (X tons), Spain (X tons), Japan (X tons) and Morocco (X tons) represented the largest importers of beet-pulp and bagasse, together mixing up 60% of total imports. The UK (X tons), South Korea (X tons), Turkey (X tons), Denmark (X tons) and Saudi Arabia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +63.1%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Japan ($X) and Italy ($X) were the countries with the highest levels of imports in 2022, with a combined 26% share of global imports.

China, with a CAGR of +98.5%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2022, with an increase of 16% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, beet-pulp and bagasse import price increased by +55.8% against 2015 indices. 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 importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :