France: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in France

For the third consecutive year, the French beet-pulp and bagasse market recorded growth in sales value, which increased by 18% to $X in 2022. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +31.2% against 2019 indices. Beet-pulp and bagasse consumption peaked in 2022 and is expected to retain growth in years to come.

Beet-Pulp And Bagasse Production in France

In value terms, beet-pulp and bagasse production surged to $X in 2022 estimated in export price. Overall, the total production indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports from France

In 2022, overseas shipments of beet-pulp and bagasse were finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports, however, recorded a pronounced curtailment. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, beet-pulp and bagasse exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a noticeable descent. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for beet-pulp and bagasse exports from France, with a 78% share of total exports. Moreover, beet-pulp and bagasse exports to Belgium exceeded the volume sent to the second major destination, the Netherlands (X tons), more than tenfold. Spain (X tons) ranked third in terms of total exports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-10.4% per year) and Spain (+12.4% per year).

In value terms, Belgium ($X) remains the key foreign market for beet-pulp and bagasse exports from France, comprising 66% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 7.9% share of total exports. It was followed by Spain, with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at -2.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (-11.8% per year) and Spain (+15.7% per year).

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, shrinking by -2.7% against the previous year. Overall, the export price saw a noticeable downturn. The growth pace was the most rapid in 2018 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Switzerland ($X per ton), while the average price for exports to Belgium ($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 Spain (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into France

In 2022, beet-pulp and bagasse imports into France shrank notably to X tons, declining by -67% on 2021. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 when imports increased by 108%. As a result, imports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, beet-pulp and bagasse imports declined markedly to $X in 2022. Overall, imports continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by 183% against the previous year. As a result, imports attained the peak of $X, and then reduced notably in the following year.

Imports by Country

Spain (X tons), Belgium (X tons) and Latvia (X tons) were the main suppliers of beet-pulp and bagasse imports to France, with a combined 72% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +12.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest beet-pulp and bagasse suppliers to France were Spain ($X), Belgium ($X) and Latvia ($X), together accounting for 69% of total imports.

Among the main suppliers, Spain, with a CAGR of +13.4%, 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

In 2022, the average beet-pulp and bagasse import price amounted to $X per ton, picking up by 19% against the previous year. In general, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.4% 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 +73.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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