Benelux: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Benelux

In 2022, after two years of growth, there was significant decline in the Benelux beet-pulp and bagasse market, when its value decreased by -43.2% to $X. In general, consumption recorded a pronounced contraction. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Beet-Pulp And Bagasse Production in Benelux

In value terms, beet-pulp and bagasse production dropped notably to $X in 2022 estimated in export price. Overall, production showed a slight decrease. The most prominent rate of growth was recorded in 2013 with an increase of 75%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports in Benelux

Beet-pulp and bagasse exports reached X tons in 2022, surging by 7.5% compared with 2021. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 67%. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, beet-pulp and bagasse exports amounted to $X in 2022. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by 50% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

In 2022, the Netherlands (X tons) was the main exporter of beet-pulp and bagasse, mixing up 79% of total exports. It was distantly followed by Belgium (X tons), creating a 21% share of total exports.

The Netherlands was also the fastest-growing in terms of the beet-pulp and bagasse exports, with a CAGR of +2.4% from 2012 to 2022. Belgium (-3.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the Netherlands increased by +11 percentage points.

In value terms, the Netherlands ($X) remains the largest beet-pulp and bagasse supplier in Benelux, comprising 83% of total exports. The second position in the ranking was held by Belgium ($X), with a 17% share of total exports.

In the Netherlands, beet-pulp and bagasse exports increased at an average annual rate of +2.1% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, growing by 2.7% against the previous year. In general, the export price, however, showed a mild contraction. The most prominent rate of growth was recorded in 2014 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.3%).

Beet-Pulp And Bagasse Imports

Imports in Benelux

In 2022, imports of beet-pulp and bagasse in Benelux rose slightly to X tons, increasing by 4.9% against the year before. The total import volume increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 22%. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports expanded slightly to $X in 2022. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 39%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Belgium (X tons) represented the largest importer of beet-pulp and bagasse, constituting 72% of total imports. It was distantly followed by the Netherlands (X tons), committing a 27% share of total imports. Luxembourg (X tons) held a relatively small share of total imports.

Imports into Belgium increased at an average annual rate of +2.9% from 2012 to 2022. At the same time, Luxembourg (+4.9%) displayed positive paces of growth. Moreover, Luxembourg emerged as the fastest-growing importer imported in Benelux, with a CAGR of +4.9% from 2012-2022. By contrast, the Netherlands (-2.3%) illustrated a downward trend over the same period. While the share of Belgium (+11 p.p.) increased significantly in terms of the total imports from 2012-2022, the share of the Netherlands (-11.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X), the Netherlands ($X) and Luxembourg ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Luxembourg, with a CAGR of +2.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, almost unchanged from the previous year. Over the period under review, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2020 when the import price increased by 16% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.5%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform