Sugar Beet Market - The Netherlands Remains the Largest Global Sugar Beet Exporter

Vegetables And Melons September 09, 2015
Author: Olga Minchina
Account Manager

sugar beet market

The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported 279 thousand tonnes of sugar beet totaling 13 million USD, 10% over the previous year. Its primary trading partner on the global sugar beet market was Germany, where it supplied 97% of its total sugar beet exports in value terms, accounting for 5% of Germany's total imports.

From 2007 to 2014, the Netherlands was a net exporter of sugar beet. Over this period, exports consistently exceeded imports in value terms. However, in physical terms the difference was less pronounced.

Hungary and Germany were among the other main global suppliers of sugar beet in 2014. However, the fastest growing exporters from 2007 to 2014 were Austria (+87% per year) and China (+35% per year).

The Netherlands' top 5 trading partners were Germany, Belgium, Norway, Austria and Hungary, with a combined 100% share of the Netherlands' sugar beet exports. The share of Germany increased monumentally (+67 percentage points), while the share of Belgium dropped dramatically (-67 percentage points).

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Source: World: Sugar Beet - Market Report. Analysis And Forecast To 2020