Greece - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Greece - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights

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Sugar Beet Price in Greece - 2022

Contents:

  1. Sugar Beet Price in Greece (CIF) - 2022
  2. Sugar Beet Price in Greece (FOB) - 2022
  3. Sugar Beet Imports in Greece
  4. Sugar Beet Exports in Greece

Sugar Beet Price in Greece (CIF) - 2022

The average sugar beet import price stood at $11,284 per ton in 2022, picking up by 50% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2013 an increase of 166%. As a result, import price reached the peak level of $12,505 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Bulgaria.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +16.2% per year.

Sugar Beet Price in Greece (FOB) - 2022

In 2022, the average sugar beet export price amounted to $6,991 per ton, which is down by -18.9% against the previous year. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 38% against the previous year. Over the period under review, the average export prices reached the maximum at $18,200 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Cyprus ($7,000 per ton), while the average price for exports to Canada totaled $6,988 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+14.8%).

Sugar Beet Imports in Greece

In 2022, overseas purchases of sugar beet decreased by -60.9% to 5 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 351% against the previous year. As a result, imports reached the peak of 95 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sugar beet imports shrank notably to $57K in 2022. Over the period under review, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 273%. As a result, imports reached the peak of $403K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Sugar Beet in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria62.560.360.657.0-3.0%
Albania35.2N/AN/AN/A0%
DenmarkN/A4.2N/AN/A0%
NetherlandsN/A33034.6N/A-89.5%
Others10.38.71.7N/A-59.4%
Total10840396.957.0-19.2%

Top Suppliers of Sugar Beet to Greece in 2022:

  1. Bulgaria (5.0 tons)

Sugar Beet Exports in Greece

In 2022, after three years of growth, there was significant decline in shipments abroad of sugar beet, when their volume decreased by -93.6% to 542 kg. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 8,520%.

In value terms, sugar beet exports shrank notably to $3.8K in 2022. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,886%.

Export of Sugar Beet in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A2.80%
Cyprus0.1N/AN/A1.0115.4%
BulgariaN/A1.5N/AN/A0%
FranceN/AN/A73.3N/A0%
NetherlandsN/A3.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.15.473.33.8236.2%

Top Export Markets for Sugar Beet from Greece in 2022:

  1. Canada (404.0 kg)
  2. Cyprus (138.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sugar beet market in Greece. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 157 - Sugar beet

Country coverage:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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