Czech Republic: Sugar Crop Market 2024

Sugar Crop Market Size in the Czech Republic

For the fourth consecutive year, the Czech sugar crop market recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Sugar crop consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sugar Crop Production in the Czech Republic

In value terms, sugar crop production amounted to $X in 2022 estimated in export price. Over the period under review, production, however, posted moderate growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. Sugar crop production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of sugar crops in the Czech Republic rose to X tons per ha in 2022, increasing by X% on 2021. In general, the yield recorded slight growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average sugar crop yield failed to regain momentum. 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 crops were harvested in the Czech Republic; with a decrease of X% on the year before. In general, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the sugar crop harvested area remained at a lower figure.

Sugar Crop Exports

Exports from the Czech Republic

In 2022, approx. X tons of sugar crops were exported from the Czech Republic; rising by X% compared with the previous year. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, sugar crop exports surged to $X in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X.8%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovenia ($X) and Austria ($X) appeared to be the largest markets for sugar crop exported from the Czech Republic worldwide, together comprising X% of total exports.

In terms of the main countries of destination, Hungary, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average sugar crop export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a slight decline. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sugar Crop Imports

Imports into the Czech Republic

In 2022, overseas purchases of sugar crops increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated a prominent expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sugar crop imports expanded notably to $X in 2022. Overall, total imports indicated a pronounced expansion from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of sugar crop imports to the Czech Republic, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar crop suppliers to the Czech Republic were Germany ($X), Slovakia ($X) and Poland ($X), together comprising X% of total imports.

In terms of the main suppliers, Germany, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a slight downturn. The growth pace was the most rapid in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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