Beet-Pulp And Bagasse Market Overview in Northern America
In value terms, beet-pulp and bagasse production expanded remarkably to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a lower figure.
The U.S. ( tonnes) remains the largest beet-pulp and bagasse producing country in Northern America, accounting for % of total volume. Moreover, beet-pulp and bagasse production in the U.S. exceeded the figures recorded by the second-largest producer, Canada ( tonnes), fivefold.
In the U.S., beet-pulp and bagasse production remained relatively stable over the period from 2007-2019.
The size of the beet-pulp and bagasse market in Northern America rose significantly to $ in 2019, increasing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the market value increased by % year-to-year. As a result, consumption reached the peak level of $; afterwards, it flattened through to 2019.
From 2007 to 2019, the average annual growth rate of volume in the U.S. was relatively modest.
In value terms, the U.S. ($) led the market, alone. The second position in the ranking was occupied by Canada ($).
From 2007 to 2019, the average annual growth rate of value in the U.S. was relatively modest.
The countries with the highest levels of beet-pulp and bagasse per capita consumption in 2019 were Canada ( kg per person) and the U.S. ( kg per person).
From 2007 to 2019, the most notable rate of growth in terms of beet-pulp and bagasse per capita consumption, amongst the main consuming countries, was attained by Canada.