Benelux: Sugar Crop Market 2024

Sugar Crop Market Size in Benelux

The Benelux sugar crop market expanded slightly to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a pronounced downturn. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Sugar Crop Production in Benelux

In value terms, sugar crop production rose slightly to $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2017 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Belgium (X tons) constituted the country with the largest volume of sugar crop production, comprising approx. X% of total volume.

In Belgium, sugar crop production remained relatively stable over the period from 2012-2022.

In 2022, the average sugar crop yield in Benelux rose rapidly to X tons per ha, growing by X% compared with the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the sugar crop yield remained at a somewhat 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 total area harvested in terms of sugar crops production in Benelux shrank slightly to X ha, waning by X% against 2021 figures. In general, 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 attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Sugar Crop Exports

Exports in Benelux

In 2022, after five years of growth, there was significant decline in shipments abroad of sugar crops, when their volume decreased by X% to X tons. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced sharply in the following year.

In value terms, sugar crop exports reduced to $X in 2022. Overall, exports showed a noticeable slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Belgium represented the key exporting country with an export of about X tons, which accounted for X% of total exports. It was distantly followed by the Netherlands (X tons), achieving a X% share of total exports.

Belgium was also the fastest-growing in terms of the sugar crops exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. While the share of Belgium (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of the Netherlands (X p.p.) displayed negative dynamics.

In value terms, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022.

Among the main exporting countries, Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2022, surging by X% against the previous year. In general, the export price, however, showed a mild curtailment. The growth pace was the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Sugar Crop Imports

Imports in Benelux

In 2022, imports of sugar crops in Benelux soared to X tons, growing by X% on 2021. Over the period under review, imports, however, continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2020 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sugar crop imports amounted to $X in 2022. In general, imports, however, recorded a perceptible contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Belgium (X tons) represented the key importer of sugar crops, mixing up X% of total imports. It was distantly followed by the Netherlands (X tons), making up a X% share of total imports.

Belgium was also the fastest-growing in terms of the sugar crops imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, the largest sugar crop importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

In terms of the main importing countries, Belgium, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Belgium amounted to $X per ton.

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

Source: IndexBox Platform

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