Asia-Pacific: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Asia-Pacific

The Asia-Pacific beet-pulp and bagasse market amounted to $X in 2022, leveling off at the previous year. The total consumption indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 -0.9% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Beet-Pulp And Bagasse Production in Asia-Pacific

In value terms, beet-pulp and bagasse production stood at $X in 2022 estimated in export price. The total production indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.3% 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 -1.5% against 2020 indices. The growth pace was the most rapid in 2017 when the production volume increased by 36% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports in Asia-Pacific

In 2022, exports of beet-pulp and bagasse in Asia-Pacific contracted to X tons, declining by -7.9% compared with 2021. Over the period under review, exports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2019 when exports increased by 13% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports dropped slightly to $X in 2022. Overall, exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 13% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, India (X tons) and Thailand (X tons) were the largest exporters of beet-pulp and bagasse in Asia-Pacific, together making up 64% of total exports. Vietnam (X tons) took the next position in the ranking, followed by Indonesia (X tons). All these countries together held approx. 29% share of total exports. South Korea (X tons) took a minor share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by India (with a CAGR of +98.4%), while the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), Vietnam ($X) and Indonesia ($X) constituted the countries with the highest levels of exports in 2022, with a combined 76% share of total exports. India and South Korea lagged somewhat behind, together accounting for a further 18%.

In terms of the main exporting countries, India, with a CAGR of +73.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, growing by 4.8% against the previous year. In general, the export price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 when the export price increased by 15% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+2.3%), while the other leaders experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports in Asia-Pacific

In 2022, after two years of growth, there was significant decline in supplies from abroad of beet-pulp and bagasse, when their volume decreased by -12% to X tons. Total imports indicated a moderate increase from 2012 to 2022: its volume increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.3% against 2016 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, beet-pulp and bagasse imports totaled $X in 2022. Over the period under review, imports, however, enjoyed a measured expansion. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

China (X tons), Japan (X tons) and South Korea (X tons) represented roughly 96% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +63.1%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest beet-pulp and bagasse importing markets in Asia-Pacific were China ($X), Japan ($X) and South Korea ($X), with a combined 96% share of total imports.

In terms of the main importing countries, China, with a CAGR of +98.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, surging by 21% against the previous year. In general, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($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 leaders experienced more modest paces of growth.

Source: IndexBox Platform

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