Egypt: Beet-Pulp And Bagasse Market 2024

Beet-Pulp And Bagasse Market Size in Egypt

The Egyptian beet-pulp and bagasse market surged to $X in 2023, jumping by X% against the previous year. In general, consumption showed buoyant growth. Beet-pulp and bagasse consumption peaked in 2023 and is expected to retain growth in the immediate term.

Beet-Pulp And Bagasse Production in Egypt

In value terms, beet-pulp and bagasse production soared to $X in 2023 estimated in export price. In general, production saw a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Beet-pulp and bagasse production peaked in 2023 and is likely to continue growth in the immediate term.

Beet-Pulp And Bagasse Exports

Exports from Egypt

In 2023, shipments abroad of beet-pulp and bagasse decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then declined remarkably in the following year.

In value terms, beet-pulp and bagasse exports declined to $X in 2023. Overall, exports, however, recorded a pronounced increase. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. The exports peaked at $X in 2022, and then fell in the following year.

Exports by Country

China (X tons), South Korea (X tons) and Spain (X tons) were the main destinations of beet-pulp and bagasse exports from Egypt, with a combined X% share of total exports. Morocco, Saudi Arabia, Denmark, Italy, Japan, Norway, the United Arab Emirates, Israel, Turkey and Ireland lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for beet-pulp and bagasse exported from Egypt were China ($X), South Korea ($X) and Spain ($X), with a combined X% share of total exports. Morocco, Saudi Arabia, Denmark, Italy, Japan, Norway, the United Arab Emirates, Turkey, Ireland and Israel lagged somewhat behind, together accounting for a further X%.

Japan, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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

In 2023, the average beet-pulp and bagasse export price amounted to $X per ton, growing by X% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. 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 pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Israel ($X per ton) was amongst the lowest.

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

Beet-Pulp And Bagasse Imports

Imports into Egypt

Beet-pulp and bagasse imports into Egypt totaled X kg in 2021, approximately reflecting 2020 figures. Over the period under review, imports showed a dramatic decrease. The smallest decline of X% was in 2020. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, beet-pulp and bagasse imports amounted to $X in 2021. Overall, imports continue to indicate a precipitous curtailment. The smallest decline of X% was in 2020. Imports peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Yemen (X kg) was the main supplier of beet-pulp and bagasse to Egypt, with a X% share of total imports. It was followed by Austria (X kg), with a X% share of total imports. The third position in this ranking was held by Spain (X kg), with a X% share.

From 2019 to 2021, the average annual growth rate of volume from Yemen totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (X% per year) and Spain (X% per year).

In value terms, the largest beet-pulp and bagasse suppliers to Egypt were Yemen ($X), Austria ($X) and Spain ($X), together accounting for X% of total imports.

Among the main suppliers, Austria, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average beet-pulp and bagasse import price stood at $X per ton in 2021, leveling off at the previous year. Overall, the import price enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when the average import price decreased by X% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($X per ton), while the price for Yemen ($X per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Yemen (X%).

Source: IndexBox Platform