Belgium: Sugar Crop Market 2024

Sugar Crop Market Size in Belgium

The Belgian sugar crop market expanded to $X in 2022, growing by X% against the previous year. In general, consumption, however, saw a noticeable decrease. Sugar crop consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sugar Crop Production in Belgium

In value terms, sugar crop production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The growth pace was the most rapid in 2017 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

The average yield of sugar crops in Belgium expanded significantly to X tons per ha in 2022, growing by X% on 2021. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the average sugar crop yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of sugar crops in Belgium reduced to X ha, with a decrease of X% against 2021 figures. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to sugar crop production reached the maximum at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

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Sugar Crop Exports

Exports from Belgium

In 2022, after five years of growth, there was significant decline in overseas shipments of sugar crops, when their volume decreased by X% to X tons. Over the period under review, exports, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2021, and then fell markedly in the following year.

In value terms, sugar crop exports expanded significantly to $X in 2022. Overall, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The Netherlands (X tons) was the main destination for sugar crop exports from Belgium, with a X% share of total exports. Moreover, sugar crop exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%.

In value terms, the Netherlands ($X) remains the key foreign market for sugar crops exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Netherlands totaled X%.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, growing by X% against the previous year. Overall, the export price saw a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

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

Sugar Crop Imports

Imports into Belgium

In 2022, sugar crop imports into Belgium surged to X tons, growing by X% compared with the year before. Overall, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar crop imports soared to $X in 2022. In general, imports, however, recorded a perceptible setback. The growth pace was the most rapid in 2016 when imports increased by X%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, France (X tons) constituted the largest sugar crop supplier to Belgium, with a X% share of total imports. Moreover, sugar crop imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

In value terms, France ($X) constituted the largest supplier of sugar crops to Belgium, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2022, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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