United Arab Emirates: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in the United Arab Emirates

The beet-pulp and bagasse market in the United Arab Emirates was estimated at $X in 2022, increasing by 6.3% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Beet-Pulp And Bagasse Production in the United Arab Emirates

In value terms, beet-pulp and bagasse production rose remarkably to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 44%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports from the United Arab Emirates

In 2022, beet-pulp and bagasse exports from the United Arab Emirates skyrocketed to X tons, surging by 47% on the previous year. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 687% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, beet-pulp and bagasse exports skyrocketed to $X in 2022. Overall, exports saw a significant expansion. The growth pace was the most rapid in 2018 with an increase of 710%. Over the period under review, the exports hit record highs at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Somalia (X tons) was the main destination for beet-pulp and bagasse exports from the United Arab Emirates, with a 65% share of total exports. Moreover, beet-pulp and bagasse exports to Somalia exceeded the volume sent to the second major destination, Iran (X tons), threefold. Iraq (X tons) ranked third in terms of total exports with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Somalia totaled +50.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (+33.5% per year) and Iraq (+5.8% per year).

In value terms, Iran ($X) remains the key foreign market for beet-pulp and bagasse exports from the United Arab Emirates, comprising 53% of total exports. The second position in the ranking was taken by Iraq ($X), with a 15% share of total exports. It was followed by Somalia, with a 14% share.

From 2012 to 2022, the average annual growth rate of value to Iran stood at +55.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iraq (+19.1% per year) and Somalia (+11.1% per year).

Export Prices by Country

In 2022, the average beet-pulp and bagasse export price amounted to $X per ton, shrinking by -13.1% against the previous year. Over the period under review, the export price showed a slight decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 146%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iran ($X per ton), while the average price for exports to Somalia ($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 Iran (+16.5%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into the United Arab Emirates

In 2022, beet-pulp and bagasse imports into the United Arab Emirates rose remarkably to X tons, growing by 14% on 2021 figures. Overall, imports enjoyed strong growth. The growth pace was the most rapid in 2014 with an increase of 229% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, beet-pulp and bagasse imports amounted to $X in 2022. Over the period under review, imports posted a strong expansion. The most prominent rate of growth was recorded in 2014 with an increase of 283%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Egypt (X tons) constituted the largest supplier of beet-pulp and bagasse to the United Arab Emirates, accounting for a 73% share of total imports. Moreover, beet-pulp and bagasse imports from Egypt exceeded the figures recorded by the second-largest supplier, China (X tons), sixfold. The third position in this ranking was taken by Croatia (X tons), with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.5% per year) and Croatia (+5.9% per year).

In value terms, Egypt ($X) constituted the largest supplier of beet-pulp and bagasse to the United Arab Emirates, comprising 55% of total imports. The second position in the ranking was taken by China ($X), with a 26% share of total imports. It was followed by Croatia, with a 5% share.

From 2012 to 2022, the average annual growth rate of value from Egypt totaled +8.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+14.7% per year) and Croatia (+10.8% per year).

Import Prices by Country

In 2022, the average beet-pulp and bagasse import price amounted to $X per ton, with a decrease of -9.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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