Belgium: Sugar Crop Market 2020

Sugar Crop Market Size in Belgium

The revenue of the sugar crop market in Belgium amounted to $X in 2017, shrinking by -X% against the previous year. Overall, sugar crop consumption continues to indicate a measured decrease. The most prominent rate of growth was recorded in 2016, with an increase of X% against the previous year. In that year, the sugar crop market reached their peak level of $X, and then declined slightly in the following year.

Sugar Crop Production in Belgium

In 2017, the amount of sugar crops produced in Belgium amounted to X kg, approximately equating the previous year. Overall, sugar crop production continues to indicate an outstanding growth. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. In that year, the sugar crop production reached their peak volume of X tonnes. From 2013 to 2017, growth of the sugar crop production stood at a somewhat lower level. Sugar crop output in Belgium indicated an outstanding growth, which was largely conditioned by an outstanding growth of the harvested area and a relatively flat trend pattern in yield figures.

Sugar Crop Exports from Belgium

In 2017, exports of sugar crops from Belgium amounted to X tonnes, shrinking by -X% against the previous year. In general, sugar crop exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. Belgium exports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, sugar crop exports totaled $X in 2017. In general, sugar crop exports continue to indicate a prominent expansion. Belgium exports peaked in 2017, and are expected to retain its growth in the near future.

Sugar Crop Exports by Country from Belgium

China was the largest exporter of sugar crops in the world, with the volume of exports reaching X tonnes, which was approx. X% of total exports in 2017. Spain (X tonnes) ranks second in terms of the global exports with a X% share, followed by Sudan (X%), South Africa (X%), Nigeria (X%), Egypt (X%) and Turkey (X%). The following exporters - Germany (X tonnes), Poland (X tonnes), Belgium (X tonnes) and Portugal (X tonnes) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to sugar crop exports from China stood at -X%. At the same time, Poland (+X%), Belgium (+X%), Nigeria (+X%), Sudan (+X%), South Africa (+X%), Germany (+X%) and Portugal (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, Turkey (-X%), Spain (-X%) and Egypt (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of China, Spain and Egypt increased by X%, X% and X% percentage points, while Belgium (-X%), Poland (-X%), Nigeria (-X%) and Sudan (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest sugar crop supplier from Belgium, making up X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: South Africa (+X% per year) and Germany (+X% per year).

Sugar Crop Export Prices by Country in Belgium

In 2017, the sugar crop export price in Belgium amounted to $X per tonne, surging by X% against the previous year. Overall, sugar crop export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. Over the period under review, the export prices for sugar crops attained its maximum level of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China ($X per tonne), while Sudan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Crop Imports into Belgium

Sugar crop imports into Belgium totaled X tonnes in 2017, growing by X% against the previous year. Overall, sugar crop imports continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the sugar crop imports reached its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, sugar crop imports amounted to $X in 2017. In general, sugar crop imports continue to indicate a remarkable increase. Over the period under review, the sugar crop imports attained its maximum level in 2017, and are expected to retain its growth in the immediate term.

Sugar Crop Imports by Country into Belgium

In 2017, Germany (X tonnes), followed by the U.S. (X tonnes), Spain (X tonnes), Iran (X tonnes), Russia (X tonnes), the Netherlands (X tonnes) and China (X tonnes) were the major importers of sugar crops, together achieving X% of total imports. France (X tonnes), Italy (X tonnes), Japan (X tonnes), Saudi Arabia (X tonnes) and Thailand (X tonnes) held the minor share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sugar crop markets worldwide were Germany ($X), the U.S. ($X) and Japan ($X), with a combined X% share of total imports. Spain, Iran, the Netherlands, Italy, Saudi Arabia, Russia, China, France, Thailand and Belgium lagged somewhat behind, together comprising a further X%.

Iran (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Sugar Crop Import Prices by Country in Belgium

In 2017, the sugar crop import price in Belgium amounted to $X per tonne, waning by -X% against the previous year. In general, sugar crop import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the import prices increased by X% year-to-year. Belgium import price peaked of $X per tonne in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Japan ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Thailand (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform