Report Update Nov 1, 2024

Turkey - Beet-Pulp and Bagasse - Market Analysis, Forecast, Size, Trends and Insights

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Turkey: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Turkey

The Turkish beet-pulp and bagasse market declined modestly to $X in 2022, dropping by -4.7% against the previous year. Overall, consumption, however, posted a resilient increase. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Beet-Pulp And Bagasse Production in Turkey

In value terms, beet-pulp and bagasse production declined to $X in 2022 estimated in export price. Overall, production, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 132% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Beet-Pulp And Bagasse Exports

Exports from Turkey

In 2022, shipments abroad of beet-pulp and bagasse decreased by -54.8% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 299% against the previous year. As a result, the exports attained the peak of X tons, and then shrank remarkably in the following year.

In value terms, beet-pulp and bagasse exports skyrocketed to $X in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 246%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Spain (X tons), the UK (X tons) and Syrian Arab Republic (X tons) were the main destinations of beet-pulp and bagasse exports from Turkey, with a combined 98% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +54.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) emerged as the key foreign market for beet-pulp and bagasse exports from Turkey, comprising 80% of total exports. The second position in the ranking was held by the UK ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Spain stood at +166.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+53.6% per year) and Syrian Arab Republic (+41.0% per year).

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2022, surging by 320% against the previous year. In general, the export price continues to indicate a noticeable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+72.2%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into Turkey

After two years of decline, purchases abroad of beet-pulp and bagasse increased by 390% to X tons in 2022. Over the period under review, imports, however, recorded a pronounced curtailment. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, beet-pulp and bagasse imports soared to $X in 2022. In general, imports enjoyed a mild expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Russia (X tons) was the main supplier of beet-pulp and bagasse to Turkey, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Russia amounted to +5.9%.

In value terms, Russia ($X) constituted the largest supplier of beet-pulp and bagasse to Turkey.

From 2012 to 2022, the average annual rate of growth in terms of value from Russia amounted to +9.7%.

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2022, jumping by 29% against the previous year. Over the period under review, the import price saw noticeable growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 39%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +3.6% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for beet-pulp and bagasse in the world?

China remains the largest beet-pulp and bagasse consuming country worldwide, comprising approx. 16% of total volume. Moreover, beet-pulp and bagasse consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the largest producers of beet-pulp and bagasse in the world?

China constituted the country with the largest volume of beet-pulp and bagasse production, accounting for 16% of total volume. Moreover, beet-pulp and bagasse production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 6.6% share.

What are the leading suppliers of beet-pulp and bagasse to Turkey?

In value terms, Russia constituted the largest supplier of beet-pulp and bagasse to Turkey.

What are the leading importers of beet-pulp and bagasse from Turkey?

In value terms, Syrian Arab Republic emerged as the key foreign market for beet-pulp and bagasse exports from Turkey, comprising 84% of total exports. The second position in the ranking was occupied by the UK, with a 3.9% share of total exports.

What is the average export price for beet-pulp and bagasse in Turkey?

In 2021, the average beet-pulp and bagasse export price amounted to $41 per ton, which is down by -70.3% against the previous year.

What is the average import price for beet-pulp and bagasse in Turkey?

The average beet-pulp and bagasse import price stood at $259 per ton in 2021, growing by 46% against the previous year.

This report provides an in-depth analysis of the beet-pulp and bagasse market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10812000 - Beet-pulp, bagasse and other sugar manufacturing waste (including defecation scum and filter press residues)

Country coverage:

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023