Beet-Pulp And Bagasse Market Overview in Canada
In value terms, beet-pulp and bagasse production declined notably to $ in 2019 estimated in export prices. The total output value increased at an average annual rate of +% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by % against the previous year. As a result, production reached the peak level of $. From 2018 to 2019, production growth remained at a somewhat lower figure.
The value of the beet-pulp and bagasse market in Canada contracted to $ in 2019, falling 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). The market value increased at an average annual rate of +% over the period from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of % year-to-year. As a result, consumption reached the peak level of $. From 2018 to 2019, the growth of the market failed to regain the momentum.