Eastern Asia: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Eastern Asia

The East Asian beet-pulp and bagasse market totaled $X in 2022, rising by X% against the previous year. The total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Beet-Pulp And Bagasse Production in Eastern Asia

In value terms, beet-pulp and bagasse production rose to $X in 2022 estimated in export price. Overall, production posted a resilient increase. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports in Eastern Asia

In 2022, overseas shipments of beet-pulp and bagasse decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. In general, exports recorded a dramatic contraction. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, beet-pulp and bagasse exports reached $X in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

South Korea represented the largest exporter of beet-pulp and bagasse in Eastern Asia, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by China (X tons), achieving a X% share of total exports.

South Korea was also the fastest-growing in terms of the beet-pulp and bagasse exports, with a CAGR of X% from 2012 to 2022. China (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of South Korea increased by X percentage points.

In value terms, South Korea ($X) and China ($X) were the countries with the highest levels of exports in 2022.

South Korea, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price saw a noticeable increase. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

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 China ($X per ton), while South Korea amounted to $X per ton.

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

Beet-Pulp And Bagasse Imports

Imports in Eastern Asia

In 2022, after two years of growth, there was significant decline in overseas purchases of beet-pulp and bagasse, when their volume decreased by X% to X tons. Total imports indicated a measured expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then fell in the following year.

In value terms, beet-pulp and bagasse imports expanded remarkably to $X in 2022. Over the period under review, imports, however, recorded a moderate increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

The purchases of the three major importers of beet-pulp and bagasse, namely China, Japan and South Korea, represented more than two-thirds of total import.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest beet-pulp and bagasse importing markets in Eastern Asia were China ($X), Japan ($X) and South Korea ($X), with a combined X% share of total imports.

In terms of the main importing countries, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per ton), while China ($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 (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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