France: Sugar Crop Market 2024

Sugar Crop Market Size in France

The French sugar crop market shrank to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Sugar Crop Production in France

In value terms, sugar crop production shrank to $X in 2022 estimated in export price. Overall, production recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Sugar crop production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

The average yield of sugar crops in France declined 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 continues to indicate a mild descent. The pace of growth appeared the most rapid in 2021 when the yield increased by X% against the previous year. Over the period under review, the average sugar crop yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, 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 2022, the total area harvested in terms of sugar crops production in France contracted modestly to X ha, waning by X% against the previous year. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the sugar crop harvested area remained at a somewhat lower figure.

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Sugar Crop Exports

Exports from France

In 2022, the amount of sugar crops exported from France surged to X tons, increasing by X% on 2021. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sugar crop exports surged to $X in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X%. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Belgium (X tons) was the main destination for sugar crop exports from France, accounting for a X% share of total exports. Moreover, sugar crop exports to Belgium exceeded the volume sent to the second major destination, Spain (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (X% per year) and the Netherlands (X% per year).

In value terms, the largest markets for sugar crop exported from France were Spain ($X), the UK ($X) and Belgium ($X), together comprising X% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of X%, recorded 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, waning by X% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of X%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to Belgium ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sugar Crop Imports

Imports into France

In 2022, overseas purchases of sugar crops decreased by X% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports, however, posted prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar crop imports skyrocketed to $X in 2022. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Spain (X tons) constituted the largest sugar crop supplier to France, accounting for a X% share of total imports. Moreover, sugar crop imports from Spain exceeded the figures recorded by the second-largest supplier, Italy (X tons), ninefold. The third position in this ranking was held by Belgium (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Belgium (X% per year).

In value terms, Spain ($X) constituted the largest supplier of sugar crops to France, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Belgium, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Belgium (X% per year).

Import Prices by Country

In 2022, the average sugar crop import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Belgium ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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