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Czech Republic - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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Czech Republic: Sugar Beet Market Overview 2021

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Sugar Beet Market Size in the Czech Republic

The Czech sugar beet market declined to $X in 2020, reducing by -X% against the previous year. Overall, consumption recorded prominent growth. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Sugar beet consumption peaked at $X in 2014; however, from 2015 to 2020, consumption stood at a somewhat lower figure.

Sugar Beet Production in the Czech Republic

In value terms, sugar beet production shrank markedly to $X in 2020 estimated in export prices. In general, production showed resilient growth. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Over the period under review, production attained the peak level at $X in 2014; however, from 2015 to 2020, production remained at a lower figure.

The average yield of sugar beet in the Czech Republic reached X tonnes per ha in 2020, remaining relatively unchanged against 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. The sugar beet yield peaked at X tonnes per ha in 2014; however, from 2015 to 2020, the 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 2020, approx. X ha of sugar beet were harvested in the Czech Republic; stabilizing at the year before. 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 when the harvested area increased by X% y-o-y. As a result, the harvested area reached the peak level of X ha. from 2018 to 2020, the growth of the sugar beet harvested area remained at a somewhat lower figure.

Sugar Beet Exports

Exports from the Czech Republic

In 2020, the amount of sugar beet exported from the Czech Republic soared to X tonnes, rising by X% compared with the year before. In general, exports saw a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Exports peaked at X tonnes in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, sugar beet exports surged to $X in 2020. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Exports peaked in 2020 and are expected to retain growth in the near future.

Exports by Country

Slovenia (X tonnes) was the main destination for sugar beet exports from the Czech Republic, with a X% share of total exports. Moreover, sugar beet exports to Slovenia exceeded the volume sent to the second major destination, Germany (X tonnes), twofold.

From 2007 to 2020, the average annual growth rate of volume to Slovenia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Slovakia (-X% per year).

In value terms, Slovenia ($X) remains the key foreign market for sugar beet exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Slovenia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Slovakia (-X% per year).

Export Prices by Country

The average sugar beet export price stood at $X per tonne in 2020, which is down by -X% against the previous year. In general, the export price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Germany ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia, while the prices for the other major destinations experienced more modest paces of growth.

Sugar Beet Imports

Imports into the Czech Republic

Sugar beet imports into the Czech Republic expanded sharply to X tonnes in 2020, picking up by X% against the year before. Overall, imports saw resilient growth. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Imports peaked at X tonnes in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, sugar beet imports skyrocketed to $X in 2020. In general, imports recorded a mild reduction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. As a result, imports attained the peak of $X. from 2011 to 2020, the growth imports remained at a lower figure.

Imports by Country

In 2020, Slovakia (X tonnes) constituted the largest sugar beet supplier to the Czech Republic, with a X% share of total imports. Moreover, sugar beet imports from Slovakia exceeded the figures recorded by the second-largest supplier, Poland (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Slovakia amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Germany (+X% per year).

In value terms, Slovakia ($X), Germany ($X) and Poland ($X) appeared to be the largest sugar beet suppliers to the Czech Republic, together accounting for X% of total imports.

Among the main suppliers, Poland (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sugar beet import price stood at $X per tonne in 2020, increasing by X% against the previous year. Overall, the import price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2012 when the average import price increased by X% year-to-year. The import price peaked at $X per tonne in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar beet in the world?
+
The countries with the highest volumes of sugar beet consumption in 2020 were Russia (57M tonnes), France (38M tonnes) and Germany (30M tonnes), together comprising 44% of global consumption. These countries were followed by the U.S., Turkey, Poland, China, Egypt, Ukraine, the UK, the Netherlands and Iran, which together accounted for a further 39%.
What are the largest producers of sugar beet in the world?
+
The countries with the highest volumes of sugar beet production in 2020 were Russia (57M tonnes), France (38M tonnes) and Germany (30M tonnes), together accounting for 44% of global production. These countries were followed by the U.S., Turkey, Poland, China, Egypt, Ukraine, the UK, the Netherlands and Iran, which together accounted for a further 39%.
What are the leading suppliers of sugar beet to the Czech Republic?
+
In value terms, Slovakia ($2.9M), Germany ($2.3M) and Poland ($1.8M) constituted the largest sugar beet suppliers to the Czech Republic, with a combined 91% share of total imports.
What are the leading importers of sugar beet from the Czech Republic?
+
In value terms, Slovenia ($256K) remains the key foreign market for sugar beet exports from the Czech Republic, comprising 69% of total exports. The second position in the ranking was occupied by Germany ($95K), with a 26% share of total exports.
What is the average export price for sugar beet in the Czech Republic?
+
The average sugar beet export price stood at $202 per tonne in 2020, dropping by -17.5% against the previous year.
What is the average import price for sugar beet in the Czech Republic?
+
The average sugar beet import price stood at $1,100 per tonne in 2020, growing by 15% against the previous year.

Product coverage:
• FCL 157 - Sugar beet

This report provides an in-depth analysis of the sugar beet market in the Czech Republic. 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 2025.


Country coverage:
• Czech Republic

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the Czech Republic
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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