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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 amounted to $X in 2019, remaining relatively unchanged against the previous year. Overall, the total consumption indicated a measured increase from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Sugar Beet Production in the Czech Republic

In value terms, sugar beet production totaled $X in 2019 estimated in export prices. Over the period under review, the total production indicated measured growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Sugar beet production peaked at $X in 2014; however, from 2015 to 2019, production remained at a lower figure.

The average yield of sugar beet in the Czech Republic totaled X tonnes per ha in 2019, approximately equating the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. The sugar beet yield peaked at X tonnes per ha in 2014; however, from 2015 to 2019, the yield stood 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 2019, the sugar beet harvested area in the Czech Republic rose slightly to X ha, growing by X% against 2018. The harvested area increased at an average annual rate of +X% from 2007 to 2019; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2017 with an increase of X% year-to-year. As a result, the harvested area reached the peak level of X ha. From 2018 to 2019, the growth of the sugar beet harvested area remained at a somewhat lower figure.

Sugar Beet Exports

Exports from the Czech Republic

In 2019, approx. X tonnes of sugar beet were exported from the Czech Republic; growing by X% against the previous year's figure. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2018 to 2019, the growth exports remained at a lower figure.

In value terms, sugar beet exports soared to $X in 2019. Overall, exports recorded buoyant growth. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

Slovenia (X tonnes), Austria (X tonnes) and Slovakia (X tonnes) were the main destinations of sugar beet exports from the Czech Republic, with a combined X% share of total exports.

From 2007 to 2019, the biggest increases were in Austria, while shipments for the other leaders experienced more modest paces of growth.

In value terms, Slovenia ($X), Austria ($X) and Slovakia ($X) constituted the largest markets for sugar beet exported from the Czech Republic worldwide, together comprising X% of total exports.

Austria saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average sugar beet export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major external markets. In 2019, the country with the highest price was Slovakia ($X per tonne), while the average price for exports to Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2019, 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 a decline.

Sugar Beet Imports

Imports into the Czech Republic

In 2019, overseas purchases of sugar beet decreased by -X% to X tonnes for the first time since 2016, thus ending a two-year rising trend. Overall, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when imports increased by X% against the previous year. Imports peaked at X tonnes in 2018, and then declined in the following year.

In value terms, sugar beet imports fell remarkably to $X in 2019. In general, imports, however, showed a pronounced contraction. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Slovakia (X tonnes) constituted the largest supplier of sugar beet to the Czech Republic, accounting for a X% share of total imports. Moreover, sugar beet imports from Slovakia exceeded the figures recorded by the second-largest supplier, Austria (X tonnes), tenfold.

From 2007 to 2019, 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: Austria (-X% per year) and Poland (+X% per year).

In value terms, Slovakia ($X) constituted the largest supplier of sugar beet to the Czech Republic, comprising X% of total imports. The second position in the ranking was occupied by Poland ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Slovakia amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and Austria (-X% per year).

Import Prices by Country

In 2019, the average sugar beet import price amounted to $X per tonne, shrinking by -X% against the previous year. Over the period under review, the import price showed a deep reduction. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2007; however, from 2008 to 2019, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Poland ($X per tonne), while the price for Slovakia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI 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 2019 were Russia (44M tonnes), France (40M tonnes) and the U.S. (30M tonnes), with a combined 41% share of global consumption. These countries were followed by Germany, Turkey, Poland, Ukraine, China, Egypt, the UK, the Netherlands, Belgium and Belarus, which together accounted for a further 44%.
What are the largest producers of sugar beet in the world?
+
The countries with the highest volumes of sugar beet production in 2019 were Russia (44M tonnes), France (40M tonnes) and the U.S. (30M tonnes), together accounting for 41% of global production. These countries were followed by Germany, Turkey, Poland, Ukraine, China, Egypt, the UK, the Netherlands, Belgium and Belarus, which together accounted for a further 44%.
What are the leading suppliers of sugar beet to the Czech Republic?
+
In value terms, Slovakia ($3.1M) constituted the largest supplier of sugar beet to the Czech Republic, comprising 50% of total imports. The second position in the ranking was occupied by Poland ($1.2M), with a 20% share of total imports.
What are the leading importers of sugar beet from the Czech Republic?
+
In value terms, Slovenia ($235K), Austria ($163K) and Slovakia ($94K) constituted the largest markets for sugar beet exported from the Czech Republic worldwide, with a combined 82% share of total exports.
What is the average export price for sugar beet in the Czech Republic?
+
In 2019, the average sugar beet export price amounted to $177 per tonne, with a decrease of -2% against the previous year.
What is the average import price for sugar beet in the Czech Republic?
+
In 2019, the average sugar beet import price amounted to $946 per tonne, declining by -21.3% 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
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, 2007–2019
Figure 22:
Production, In Value Terms, 2007–2019
Figure 23:
Area Harvested, 2007–2019
Figure 24:
Yield, 2007–2019
Figure 25:
Imports, In Physical Terms, 2007–2019
Figure 26:
Imports, In Value Terms, 2007–2019
Figure 27:
Imports, In Physical Terms, By Country, 2019
Figure 28:
Imports, In Physical Terms, By Country, 2007–2019
Figure 29:
Imports, In Value Terms, By Country, 2007–2019
Figure 30:
Import Prices, By Country Of Origin, 2007–2019
Figure 31:
Exports, In Physical Terms, 2007–2019
Figure 32:
Exports, In Value Terms, 2007–2019
Figure 33:
Exports, In Physical Terms, By Country, 2019
Figure 34:
Exports, In Physical Terms, By Country, 2007–2019
Figure 35:
Exports, In Value Terms, By Country, 2007–2019
Figure 36:
Export Prices, By Country Of Destination, 2007–2019

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