Austria: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Austria

In 2023, the Austrian beet-pulp and bagasse market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption, however, showed strong growth. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2023, consumption stood at a somewhat lower figure.

Beet-Pulp And Bagasse Production in Austria

In value terms, beet-pulp and bagasse production expanded remarkably to $X in 2023 estimated in export price. Overall, production, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Beet-Pulp And Bagasse Exports

Exports from Austria

In 2023, after two years of growth, there was decline in overseas shipments of beet-pulp and bagasse, when their volume decreased by X% to X tons. Overall, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

In value terms, beet-pulp and bagasse exports skyrocketed to $X in 2023. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of X%. The exports peaked in 2023 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons), Italy (X tons) and Switzerland (X tons) were the main destinations of beet-pulp and bagasse exports from Austria, together comprising X% of total exports. Hungary, Slovenia, Germany and Poland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Italy ($X) and Switzerland ($X) appeared to be the largest markets for beet-pulp and bagasse exported from Austria worldwide, with a combined X% share of total exports. Hungary, Slovenia, Germany and Poland lagged somewhat behind, together comprising a further X%.

Poland, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average beet-pulp and bagasse export price stood at $X per ton in 2023, with an increase of X% against the previous year. In general, export price indicated a strong expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, beet-pulp and bagasse export price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The export price peaked in 2023 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2023, amid the top suppliers, the countries with the highest prices were Poland ($X per ton) and Switzerland ($X per ton), while the average price for exports to Italy ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Beet-Pulp And Bagasse Imports

Imports into Austria

After two years of growth, overseas purchases of beet-pulp and bagasse decreased by X% to X tons in 2023. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2023, the growth of imports remained at a lower figure.

In value terms, beet-pulp and bagasse imports contracted sharply to $X in 2023. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2023, Italy (X tons) constituted the largest beet-pulp and bagasse supplier to Austria, with a X% share of total imports. Moreover, beet-pulp and bagasse imports from Italy exceeded the figures recorded by the second-largest supplier, Hungary (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

In value terms, Italy ($X) constituted the largest supplier of beet-pulp and bagasse to Austria, comprising X% of total imports. The second position in the ranking was taken by Hungary ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (X% per year) and Germany (X% per year).

Import Prices by Country

In 2023, the average beet-pulp and bagasse import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2022, and then reduced slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform