Brazil: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Brazil

The Brazilian beet-pulp and bagasse market totaled $X in 2022, approximately mirroring the previous year. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 -12.1% 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 Brazil

In value terms, beet-pulp and bagasse production amounted to $X in 2022 estimated in export price. Over the period under review, the total production indicated noticeable growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 -0.7% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of 32% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Beet-Pulp And Bagasse Exports

Exports from Brazil

After two years of growth, shipments abroad of beet-pulp and bagasse decreased by -99.8% to X tons in 2022. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2020 when exports increased by 6,078,016% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, beet-pulp and bagasse exports declined significantly to $X in 2022. In general, exports, however, recorded a prominent increase. The growth pace was the most rapid in 2020 with an increase of 11,825,821% against the previous year. As a result, the exports reached the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Argentina (X tons) was the main destination for beet-pulp and bagasse exports from Brazil, accounting for a 80% share of total exports. Moreover, beet-pulp and bagasse exports to Argentina exceeded the volume sent to the second major destination, Colombia (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Argentina stood at +123.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+21.9% per year) and Germany (-30.4% per year).

In value terms, Argentina ($X) emerged as the key foreign market for beet-pulp and bagasse exports from Brazil, comprising 79% of total exports. The second position in the ranking was taken by Colombia ($X), with a 19% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Argentina amounted to +153.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Colombia (+15.1% per year) and Germany (-35.2% per year).

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, growing by 889% against the previous year. Overall, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while the average price for exports to Germany ($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 Canada (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into Brazil

After two years of growth, overseas purchases of beet-pulp and bagasse decreased by -7.9% to X tons in 2022. Over the period under review, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 39%. Imports peaked at X tons in 2021, and then reduced in the following year.

In value terms, beet-pulp and bagasse imports expanded to $X in 2022. In general, imports, however, showed a pronounced expansion. The pace of growth appeared the most rapid in 2018 with an increase of 36%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

The Czech Republic (X tons), Chile (X tons) and the United States (X tons) were the main suppliers of beet-pulp and bagasse imports to Brazil, with a combined 99% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of +164.7%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest beet-pulp and bagasse suppliers to Brazil were Chile ($X), the Czech Republic ($X) and the United States ($X), with a combined 99% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +177.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average beet-pulp and bagasse import price amounted to $X per ton, increasing by 13% against the previous year. In general, the import price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2016 an increase of 20% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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