World - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlobal Sugar Beet Market 2024
Sugar Beet Market Size
In 2022, the global sugar beet market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. In general, consumption recorded a drastic downturn. As a result, consumption attained the peak level of $X.6B. From 2019 to 2022, the growth of the global market remained at a somewhat lower figure.
Sugar Beet Production
In value terms, sugar beet production surged to $X in 2022 estimated in export price. Overall, production continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Global production peaked at $X.9B in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.
The countries with the highest volumes of production in 2022 were Russia (X tons), France (X tons) and the United States (X tons), with a combined X% share of global production. Germany, Turkey, Poland, Egypt, Ukraine, China, the UK, Iran, Belgium and Belarus lagged somewhat behind, together accounting for a further X%.
From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Egypt (with a CAGR of X%), while production for the other global leaders experienced more modest paces of growth.
In 2022, the global average sugar beet yield was estimated at X tons per ha, leveling off at 2021. Over the period under review, the yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, the average sugar beet yield hit record highs at X tons per ha in 2017; however, from 2018 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 beet production worldwide contracted slightly to X ha, which is down by X% on 2021 figures. Over the period under review, the harvested area recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the harvested area attained the peak level of X ha. From 2018 to 2022, the growth of the global sugar beet harvested area remained at a lower figure.
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Sugar Beet Exports
Exports
After five years of growth, shipments abroad of sugar beet decreased by X% to X tons in 2022. Over the period under review, total exports indicated modest growth 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, exports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. The global exports peaked at X tons in 2021, and then fell in the following year.
In value terms, sugar beet exports surged to $X in 2022. Overall, exports saw a relatively flat trend pattern. The global exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
Exports by Country
In 2022, Germany (X tons) was the key exporter of sugar beet, mixing up X% of total exports. Belgium (X tons) ranks second in terms of the total exports with a X% share, followed by Slovakia (X%), Hungary (X%) and the Netherlands (X%). The following exporters - Lithuania (X tons) and Latvia (X tons) - each finished at a X% share of total exports.
Exports from Germany increased at an average annual rate of X% from 2012 to 2022. At the same time, Lithuania (X%), Latvia (X%), Slovakia (X%) and Belgium (X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. By contrast, Hungary (X%) and the Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Germany, Slovakia, Belgium, Lithuania and Latvia increased by X, X, X, X and X percentage points, respectively.
In value terms, Germany ($X) remains the largest sugar beet supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Slovakia ($X), with a X% share of global exports. It was followed by Belgium, with an X% share.
From 2012 to 2022, the average annual rate of growth in terms of value in Germany totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Slovakia (X% per year) and Belgium (X% per year).
Export Prices by Country
The average sugar beet export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. The global export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Hungary ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (X%), while the other global leaders experienced more modest paces of growth.
Sugar Beet Imports
Imports
In 2022, approx. X tons of sugar beet were imported worldwide; increasing by X% against 2021. In general, total imports indicated a modest increase 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 2015 indices. The growth pace was the most rapid in 2014 when imports increased by X%. Over the period under review, global imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, sugar beet imports rose sharply to $X in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Global imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, Switzerland (X tons) represented the key importer of sugar beet, comprising X% of total imports. It was distantly followed by the Czech Republic (X tons), Croatia (X tons), Lithuania (X tons) and Belgium (X tons), together generating a X% share of total imports. The following importers - Hungary (X tons) and Denmark (X tons) - together made up X% of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Denmark (with a CAGR of X%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest sugar beet importing markets worldwide were Switzerland ($X), the Czech Republic ($X) and Denmark ($X), together comprising X% of global imports.
Denmark, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average sugar beet import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of X%. Global import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per ton), while Croatia ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the other global leaders experienced a decline in the import price figures.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the global sugar beet market. 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 2030.
Product coverage:
- FCL 157 - Sugar beet
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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