New Zealand: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in New Zealand

The New Zealand beet-pulp and bagasse market rose modestly to $X in 2022, increasing by 1.6% against the previous year. In general, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +2.1% 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 -1.7% against 2020 indices. Beet-pulp and bagasse consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Beet-Pulp And Bagasse Production in New Zealand

In value terms, beet-pulp and bagasse production rose modestly to $X in 2022 estimated in export price. In general, the total production indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +2.8% 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 -2.9% against 2020 indices. The pace of growth was the most pronounced in 2013 with an increase of 56% against the previous year. Beet-pulp and bagasse production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Beet-Pulp And Bagasse Exports

Exports from New Zealand

In 2022, shipments abroad of beet-pulp and bagasse decreased by 0% to X tons, falling for the third year in a row after two years of growth. Overall, exports faced a precipitous setback. The pace of growth was the most pronounced in 2019 when exports increased by 87% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, beet-pulp and bagasse exports totaled $X in 2022. Over the period under review, exports showed a sharp decline. The most prominent rate of growth was recorded in 2019 with an increase of 99%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Cook Islands (X tons) was the main destination for beet-pulp and bagasse exports from New Zealand, with a 82% share of total exports. Moreover, beet-pulp and bagasse exports to Cook Islands exceeded the volume sent to the second major destination, Spain (X kg), ninefold.

From 2015 to 2022, the average annual growth rate of volume to Cook Islands stood at -20.3%.

From 2015 to 2022, the average annual growth rate of value to Cook Islands amounted to -17.2%.

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, flattening at the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 34% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Cook Islands stood at $X per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cook Islands (+3.9%).

Beet-Pulp And Bagasse Imports

Imports into New Zealand

After two years of growth, overseas purchases of beet-pulp and bagasse decreased by -28.2% to X tons in 2022. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 with an increase of 14,548%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports fell remarkably to $X in 2022. Over the period under review, imports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by 12,252% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of beet-pulp and bagasse to New Zealand, with a 81% share of total imports. Moreover, beet-pulp and bagasse imports from India exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled +80.9%.

In value terms, India ($X) constituted the largest supplier of beet-pulp and bagasse to New Zealand, comprising 81% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India totaled +206.1%.

Import Prices by Country

In 2022, the average beet-pulp and bagasse import price amounted to $X per ton, surging by 9.4% against the previous year. Over the period under review, the import price, however, saw a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 46% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for the Netherlands stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+69.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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