Luxembourg: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Luxembourg

The Luxembourg beet-pulp and bagasse market reached $X in 2022, increasing by 5.8% against the previous year. The market value increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Beet-Pulp And Bagasse Production in Luxembourg

In value terms, beet-pulp and bagasse production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 98%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Beet-Pulp And Bagasse Exports

Exports from Luxembourg

After two years of decline, overseas shipments of beet-pulp and bagasse increased by 16% to X tons in 2022. Over the period under review, exports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when exports increased by 176% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, beet-pulp and bagasse exports expanded rapidly to $X in 2022. In general, total exports indicated a pronounced expansion from 2012 to 2022: its value 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, exports decreased by -22.7% against 2017 indices. The pace of growth appeared the most rapid in 2015 with an increase of 67% against the previous year. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

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

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 +13.4%).

In value terms, the largest markets for beet-pulp and bagasse exported from Luxembourg were Germany ($X) and Belgium ($X).

Germany, with a CAGR of +11.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review.

Export Prices by Country

In 2022, the average beet-pulp and bagasse export price amounted to $X per ton, reducing by -1.9% against the previous year. Overall, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 export price increased by +62.3% against 2017 indices. The pace of growth appeared the most rapid in 2013 an increase of 77%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the 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 Belgium totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+3.4%).

Beet-Pulp And Bagasse Imports

Imports into Luxembourg

In 2022, approx. X tons of beet-pulp and bagasse were imported into Luxembourg; growing by 40% compared with the previous year's figure. In general, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 with an increase of 43% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports failed to regain momentum.

In value terms, beet-pulp and bagasse imports surged to $X in 2022. The total import value increased at an average annual rate of +2.4% 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 2013 when imports increased by 48% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

France (X tons), Germany (X tons) and Belgium (X tons) were the main suppliers of beet-pulp and bagasse imports to Luxembourg, with a combined 99% 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 France (with a CAGR of +10.8%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest beet-pulp and bagasse suppliers to Luxembourg were Germany ($X), France ($X) and Belgium ($X), with a combined 95% share of total imports.

Germany, with a CAGR of +16.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2022, dropping by -8.3% against the previous year. Over the period under review, the import price recorded a perceptible decline. The growth pace was the most rapid in 2013 when the average import price increased by 17%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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