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South Africa - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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South Africa: Sugar Beet Market Overview 2021

Sugar Beet Market Size in South Africa

For the fourth consecutive year, the South African sugar beet market recorded growth in sales value, which increased by X% to $X in 2020. In general, consumption saw tangible growth. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Sugar beet consumption peaked in 2020 and is likely to see gradual growth in years to come.

Sugar Beet Production in South Africa

In value terms, sugar beet production amounted to $X in 2020 estimated in export prices. In general, the total production indicated a noticeable expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2009 indices. The growth pace was the most rapid in 2011 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

In 2020, the average yield of sugar beet in South Africa amounted to X kg per ha, almost unchanged from 2019 figures. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar beet harvested area in South Africa was estimated at X ha in 2020, leveling off at 2019. Over the period under review, the harvested area showed a relatively flat trend pattern.

Sugar Beet Exports

Exports from South Africa

In 2020, shipments abroad of sugar beet decreased by -X% to X tonnes, falling for the seventh year in a row after five years of growth. Overall, exports showed a deep slump. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, exports attained the peak figure at X tonnes in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, sugar beet exports fell dramatically to $X in 2020. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, exports hit record highs at $X in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

Exports by Country

Botswana (X tonnes) was the main destination for sugar beet exports from South Africa, accounting for a X% share of total exports. Moreover, sugar beet exports to Botswana exceeded the volume sent to the second major destination, the Netherlands (X kg), twofold. The third position in this ranking was occupied by Zimbabwe (X kg), with a X% share.

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

In value terms, Botswana ($X), the Netherlands ($X) and Mauritius ($X) constituted the largest markets for sugar beet exported from South Africa worldwide, together comprising X% of total exports.

Among the main countries of destination, Botswana (+X% per year) recorded the highest rates of growth with regard to 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

The average sugar beet export price stood at $X per tonne in 2020, picking up by X% against the previous year. Over the period under review, the export price enjoyed a noticeable increase. The growth pace was the most rapid in 2011 an increase of X% against the previous year. Over the period under review, average export prices hit record highs in 2020 and is likely to see steady growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Mauritius ($X per tonne), while the average price for exports to Botswana ($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 Botswana, while the prices for the other major destinations experienced more modest paces of growth.

Sugar Beet Imports

Imports into South Africa

In 2020, approx. X kg of sugar beet were imported into South Africa; reducing by -X% on 2019 figures. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. As a result, imports reached the peak of X tonnes. from 2013 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, sugar beet imports declined rapidly to $X in 2020. Overall, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. from 2016 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, the United Arab Emirates (X kg) was the main sugar beet supplier to South Africa, with a approx. X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of sugar beet to South Africa.

From 2007 to 2019, the average annual growth rate of value from the United Arab Emirates was relatively modest.

Import Prices by Country

In 2019, the average sugar beet import price amounted to $X per tonne, standing approx. at the previous year. Overall, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2010 an increase of X% year-to-year. As a result, import price attained the peak level of $X per tonne. from 2011 to 2019, the growth in terms of the average import prices failed to regain the momentum.

As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2019, the rate of growth in terms of prices for the United Arab Emirates amounted to X% per year.

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), with a combined 44% share 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 South Africa?
+
In value terms, the United Arab Emirates ($57) constituted the largest supplier of sugar beet to South Africa.
What are the leading importers of sugar beet from South Africa?
+
In value terms, the largest markets for sugar beet exported from South Africa were Botswana ($5K), the Netherlands ($3.3K) and Mauritius ($1.2K), together accounting for 96% of total exports.
What is the average export price for sugar beet in South Africa?
+
The average sugar beet export price stood at $3,329 per tonne in 2020, with an increase of 5.7% against the previous year.
What is the average import price for sugar beet in South Africa?
+
In 2019, the average sugar beet import price amounted to $582 per tonne, leveling off at the previous year.

Product coverage:
• FCL 157 - Sugar beet

This report provides an in-depth analysis of the sugar beet market in South Africa. 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:
• South Africa

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

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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