Denmark: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Denmark

The Danish beet-pulp and bagasse market fell slightly to $X in 2022, waning by -2.8% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Beet-Pulp And Bagasse Production in Denmark

In value terms, beet-pulp and bagasse production soared to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight slump. The most prominent rate of growth was recorded in 2020 with an increase of 52%. Beet-pulp and bagasse production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Beet-Pulp And Bagasse Exports

Exports from Denmark

In 2022, the amount of beet-pulp and bagasse exported from Denmark skyrocketed to X tons, increasing by 566% on the previous year's figure. In general, exports enjoyed a strong expansion. 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. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons), Norway (X tons) and Finland (X tons) were the main destinations of beet-pulp and bagasse exports from Denmark, together comprising 90% of total exports. Ireland, Germany and Iceland lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +117.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) constituted the largest markets for beet-pulp and bagasse exported from Denmark worldwide, together accounting for 91% of total exports. Ireland, Germany and Iceland lagged somewhat behind, together comprising a further 8.9%.

Among the main countries of destination, Ireland, with a CAGR of +112.3%, recorded the highest rates of growth with regard to 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 average beet-pulp and bagasse export price amounted to $X per ton, growing by 2.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 40% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Iceland ($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 Finland (+6.8%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into Denmark

In 2022, the amount of beet-pulp and bagasse imported into Denmark surged to X tons, with an increase of 20% on 2021. Over the period under review, imports saw a tangible increase. The pace of growth was the most pronounced in 2015 when imports increased by 77% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse imports skyrocketed to $X in 2022. In general, imports enjoyed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Egypt (X tons), Russia (X tons) and Germany (X tons) were the main suppliers of beet-pulp and bagasse imports to Denmark, with a combined 96% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +19.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Egypt ($X) constituted the largest supplier of beet-pulp and bagasse to Denmark, comprising 61% of total imports. The second position in the ranking was held by Russia ($X), with a 30% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from Egypt totaled +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (+3.5% per year) and Germany (-6.5% per year).

Import Prices by Country

In 2022, the average beet-pulp and bagasse import price amounted to $X per ton, with an increase of 34% against the previous year. Overall, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 import price increased by +73.6% against 2020 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 supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Germany ($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 (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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