Austria: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Austria

The Austrian beet-pulp and bagasse market contracted markedly to $X in 2022, waning by -17.7% against the previous year. Overall, consumption, however, posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Beet-Pulp And Bagasse Production in Austria

In value terms, beet-pulp and bagasse production dropped to $X in 2022 estimated in export price. In general, production, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2016 when the production volume increased by 121%. Beet-pulp and bagasse production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Beet-Pulp And Bagasse Exports

Exports from Austria

In 2022, overseas shipments of beet-pulp and bagasse increased by 66% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 118%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports soared to $X in 2022. In general, exports saw a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of 284% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons), the Netherlands (X tons) and Hungary (X tons) were the main destinations of beet-pulp and bagasse exports from Austria, with a combined 74% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +33.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for beet-pulp and bagasse exported from Austria were Italy ($X), the Netherlands ($X) and Hungary ($X), with a combined 69% share of total exports.

Italy, with a CAGR of +37.7%, recorded 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 more modest paces of growth.

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, increasing by 4.6% against the previous year. In general, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% 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 export price increased by +42.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 76% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Slovenia ($X per ton) and Switzerland ($X per ton), while the average price for exports to Germany ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into Austria

In 2022, approx. X tons of beet-pulp and bagasse were imported into Austria; waning by -38.1% against the previous year. In general, imports faced a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 387% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports surged to $X in 2022. Overall, imports, however, saw measured growth. The pace of growth was the most pronounced in 2015 with an increase of 240% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) constituted the largest supplier of beet-pulp and bagasse to Austria, with a 66% share of total imports. Moreover, beet-pulp and bagasse imports from Russia exceeded the figures recorded by the second-largest supplier, Hungary (X tons), fourfold. Italy (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2022, the average annual growth rate of volume from Russia totaled +266.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+9.5% per year) and Italy (+11.6% per year).

In value terms, Russia ($X) constituted the largest supplier of beet-pulp and bagasse to Austria, comprising 73% of total imports. The second position in the ranking was taken by Hungary ($X), with a 15% share of total imports. It was followed by Italy, with a 7.4% share.

From 2012 to 2022, the average annual growth rate of value from Russia amounted to +186.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+19.8% per year) and Italy (+11.5% per year).

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2022, jumping by 155% against the previous year. Over the period under review, the import price posted significant growth. The growth pace was the most rapid in 2018 an increase of 202%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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 Russia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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