South Africa: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in South Africa

The South African beet-pulp and bagasse market contracted to $X in 2022, approximately reflecting the previous year. In general, the total consumption indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 -7.4% against 2017 indices. Beet-pulp and bagasse consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Beet-Pulp And Bagasse Production in South Africa

In value terms, beet-pulp and bagasse production contracted to $X in 2022 estimated in export price. Overall, the total production indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% 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 -7.4% against 2017 indices. The pace of growth appeared the most rapid in 2016 with an increase of 22% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports from South Africa

In 2022, after three years of growth, there was significant decline in shipments abroad of beet-pulp and bagasse, when their volume decreased by -17.9% to X tons. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of 11,825%. Over the period under review, the exports reached the peak figure at X tons in 2021, and then reduced sharply in the following year.

In value terms, beet-pulp and bagasse exports dropped to $X in 2022. Over the period under review, exports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2015 with an increase of 1,611%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Swaziland (X tons) was the main destination for beet-pulp and bagasse exports from South Africa, with a 100% share of total exports. It was followed by Mozambique (X kg), with a 0.1% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Swaziland totaled +112.6%.

In value terms, Swaziland ($X) remains the key foreign market for beet-pulp and bagasse exports from South Africa, comprising 99% of total exports. The second position in the ranking was taken by Mozambique ($X), with a 0.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Swaziland totaled +108.4%.

Export Prices by Country

In 2022, the average beet-pulp and bagasse export price amounted to $X per ton, increasing by 9.5% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 364% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($X per ton), while the average price for exports to Swaziland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+5.5%), while the prices for the other major destinations experienced a decline.

Beet-Pulp And Bagasse Imports

Imports into South Africa

After two years of growth, purchases abroad of beet-pulp and bagasse decreased by -11.6% to X tons in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when imports increased by 51%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined in the following year.

In value terms, beet-pulp and bagasse imports contracted notably to $X in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 44% against the previous year. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

Sweden (X tons), France (X tons) and Russia (X tons) were the main suppliers of beet-pulp and bagasse imports to South Africa, together comprising 90% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +25.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), France ($X) and Russia ($X) appeared to be the largest beet-pulp and bagasse suppliers to South Africa, with a combined 89% share of total imports. China, Mozambique and Swaziland lagged somewhat behind, together comprising a further 10%.

Swaziland, with a CAGR of +150.1%, recorded the highest growth rate of the value of imports, among the main suppliers 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, falling by -5.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 36% against the previous year. 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 China ($X per ton), while the price for Swaziland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+124.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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