Indonesia: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Indonesia

The Indonesian beet-pulp and bagasse market reached $X in 2022, remaining relatively unchanged against the previous year. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.7% 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 -1.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; afterwards, it flattened through to 2022.

Beet-Pulp And Bagasse Production in Indonesia

In value terms, beet-pulp and bagasse production stood at $X in 2022 estimated in export price. Overall, the total production indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.5% 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 -1.3% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the production volume increased by 33% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Beet-Pulp And Bagasse Exports

Exports from Indonesia

In 2022, beet-pulp and bagasse exports from Indonesia contracted to X tons, with a decrease of -7.6% compared with 2021 figures. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2015 with an increase of 1,412%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports dropped to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 1,388%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X tons) and Japan (X tons) were the main destinations of beet-pulp and bagasse exports from Indonesia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +60.8%).

In value terms, Germany ($X) remains the key foreign market for beet-pulp and bagasse exports from Indonesia, comprising 93% of total exports. The second position in the ranking was held by Japan ($X), with a 6.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to +50.7%.

Export Prices by Country

In 2022, the average beet-pulp and bagasse export price amounted to $X per ton, flattening at the previous year. In general, the export price, however, continues to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 9.4% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Japan stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (-6.3%).

Beet-Pulp And Bagasse Imports

Imports into Indonesia

In 2022, after seven years of decline, there was significant growth in overseas purchases of beet-pulp and bagasse, when their volume increased by 101% to X tons. Overall, imports, however, saw a dramatic decrease. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, beet-pulp and bagasse imports surged to $X in 2022. Over the period under review, imports, however, saw a significant decrease. The most prominent rate of growth was recorded in 2014 when imports increased by 73%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest beet-pulp and bagasse supplier to Indonesia, with a 72% share of total imports. Moreover, beet-pulp and bagasse imports from Egypt exceeded the figures recorded by the second-largest supplier, Thailand (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt totaled -35.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+27.9% per year) and the United States (+22.2% per year).

In value terms, the largest beet-pulp and bagasse suppliers to Indonesia were Thailand ($X), Egypt ($X) and the United States ($X), together accounting for 98% of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +19.7%, recorded 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, waning by -17.2% against the previous year. In general, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2014 when the average import price increased by 63%. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank sharply in the following year.

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 Thailand ($X per ton), while the price for Egypt ($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 (+1.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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