Scandinavia: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Scandinavia

In 2022, after three years of decline, there was growth in the Scandinavia beet-pulp and bagasse market, when its value increased by 0.5% to $X. The total consumption indicated a notable expansion from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Beet-Pulp And Bagasse Production in Scandinavia

In value terms, beet-pulp and bagasse production declined modestly to $X in 2022 estimated in export price. Overall, production, however, posted a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 73% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports in Scandinavia

In 2022, overseas shipments of beet-pulp and bagasse decreased by -22.9% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports faced a dramatic slump. The pace of growth appeared the most rapid in 2017 when exports increased by 40% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, beet-pulp and bagasse exports contracted slightly to $X in 2022. Over the period under review, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 39%. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden dominates exports structure, resulting at X tons, which was approx. 94% of total exports in 2022. It was distantly followed by Finland (X tons), committing a 5.2% share of total exports.

Sweden was also the fastest-growing in terms of the beet-pulp and bagasse exports, with a CAGR of -14.8% from 2012 to 2022. Finland (-38.5%) illustrated a downward trend over the same period. While the share of Sweden (+53 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (-53.7 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest beet-pulp and bagasse supplier in Scandinavia, comprising 80% of total exports. The second position in the ranking was taken by Finland ($X), with a 19% share of total exports.

In Sweden, beet-pulp and bagasse exports plunged by an average annual rate of -15.1% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, rising by 24% against the previous year. Over the period under review, the export price saw a prominent expansion. The growth pace was the most rapid in 2013 when the export price increased by 128% against the previous year. The level of export peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+50.6%).

Beet-Pulp And Bagasse Imports

Imports in Scandinavia

In 2022, after two years of decline, there was significant growth in overseas purchases of beet-pulp and bagasse, when their volume increased by 5.7% to X tons. In general, imports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2018 when imports increased by 25%. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports expanded sharply to $X in 2022. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2013 when imports increased by 37% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Norway (X tons) and Finland (X tons) were the largest importers of beet-pulp and bagasse in 2022, resulting at near 42% and 30% of total imports, respectively. It was distantly followed by Sweden (X tons), generating a 28% 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 Norway (with a CAGR of +1.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Norway ($X), Finland ($X) and Sweden ($X) were the countries with the highest levels of imports in 2022.

Norway, with a CAGR of +3.6%, saw 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 a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, surging by 7.1% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the import price increased by 29% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+1.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform