EU: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in the EU

In 2022, the EU beet-pulp and bagasse market increased by 1.3% to $X, rising for the second year in a row after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. 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 the EU

In value terms, beet-pulp and bagasse production surged to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when the production volume increased by 33%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports in the EU

In 2022, exports of beet-pulp and bagasse in the European Union soared to X tons, picking up by 35% against 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports surged to $X in 2022. In general, exports saw a relatively flat trend pattern. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

France (X tons) and the Netherlands (X tons) were the main exporters of beet-pulp and bagasse in 2022, reaching approx. 30% and 22% of total exports, respectively. It was distantly followed by Germany (X tons), the Czech Republic (X tons), Belgium (X tons) and Austria (X tons), together mixing up a 27% share of total exports. Latvia (X tons), Croatia (X tons), Lithuania (X tons), Denmark (X tons), Ireland (X tons) and Slovakia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Latvia (with a CAGR of +62.0%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Netherlands ($X) and Austria ($X) were the countries with the highest levels of exports in 2022, with a combined 55% share of total exports. Latvia, the Czech Republic, Germany, Denmark, Ireland, Lithuania, Belgium, Croatia and Slovakia lagged somewhat behind, together accounting for a further 40%.

In terms of the main exporting countries, Latvia, with a CAGR of +71.1%, 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 the European Union amounted to $X per ton, with an increase of 8.9% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 20% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2014; however, from 2015 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 Ireland ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+11.9%), while the other leaders experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports in the EU

In 2022, approx. X tons of beet-pulp and bagasse were imported in the European Union; growing by 13% on the year before. The total import volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 when imports increased by 26% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports surged to $X in 2022. The total import value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of 34% against the previous year. The level of import peaked in 2022 and is likely to see steady growth in the immediate term.

Imports by Country

In 2022, Belgium (X tons), distantly followed by Italy (X tons), Ireland (X tons), the Netherlands (X tons), Spain (X tons) and Denmark (X tons) were the largest importers of beet-pulp and bagasse, together creating 76% of total imports. Latvia (X tons), Hungary (X tons), Germany (X tons), Finland (X tons), Poland (X tons), Sweden (X tons) and Lithuania (X tons) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Poland (with a CAGR of +14.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Ireland ($X) and Spain ($X) constituted the countries with the highest levels of imports in 2022, with a combined 45% share of total imports. Belgium, Denmark, the Netherlands, Latvia, Finland, Germany, Lithuania, Sweden, Poland and Hungary lagged somewhat behind, together accounting for a further 47%.

Latvia, with a CAGR of +25.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in the European Union amounted to $X per ton, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+14.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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