Croatia: Sugar Beet Market 2024

Sugar Beet Market Size in Croatia

For the sixth consecutive year, the Croatian sugar beet market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption recorded a noticeable shrinkage. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Sugar Beet Production in Croatia

In value terms, sugar beet production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a mild decrease. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

The average yield of sugar beet in Croatia contracted to X tons per ha in 2022, which is down by X% against the previous year's figure. Over the period under review, the yield indicated strong growth from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar beet yield decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2017 to 2022, the growth of the average sugar beet 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, approx. X ha of sugar beet were harvested in Croatia; declining by X% compared with the previous year's figure. Overall, the harvested area recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2017 when the harvested area increased by X%. The sugar beet harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Sugar Beet Exports

Exports from Croatia

In 2022, approx. X tons of sugar beet were exported from Croatia; leveling off at 2021. In general, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar beet exports totaled $X in 2022. Over the period under review, exports showed a abrupt descent. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Slovenia (X tons) was the main destination for sugar beet exports from Croatia, accounting for a approx. X% share of total exports.

From 2015 to 2022, the average annual rate of growth in terms of volume to Slovenia amounted to X%.

From 2015 to 2022, the average annual rate of growth in terms of value to Slovenia stood at X%.

Export Prices by Country

In 2022, the average sugar beet export price amounted to $X per ton, leveling off at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Slovenia.

From 2015 to 2022, the rate of growth in terms of prices for Oman amounted to X% per year.

Sugar Beet Imports

Imports into Croatia

In 2022, overseas purchases of sugar beet were finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. In general, imports, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sugar beet imports declined modestly to $X in 2022. Overall, imports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Hungary (X tons) was the main sugar beet supplier to Croatia, with a X% share of total imports. Moreover, sugar beet imports from Hungary exceeded the figures recorded by the second-largest supplier, Slovenia (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Hungary stood at X%.

In value terms, Hungary ($X) constituted the largest supplier of sugar beet to Croatia, comprising X% of total imports. The second position in the ranking was held by Slovenia ($X), with a X% share of total imports.

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

Import Prices by Country

The average sugar beet import price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per ton), while the price for Slovenia stood at $X per ton.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :