Benelux: Sugar Beet Market 2024

Sugar Beet Market Size in Benelux

After four years of decline, the Benelux sugar beet market increased by X% to $X in 2022. Over the period under review, consumption, however, continues to indicate a pronounced decline. As a result, consumption reached the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Sugar Beet Production in Benelux

In value terms, sugar beet production reached $X in 2022 estimated in export price. Overall, production, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

The country with the largest volume of sugar beet production was Belgium (X tons), comprising approx. X% of total volume.

From 2012 to 2022, the average annual growth rate of volume in Belgium totaled X%.

In 2022, the average yield of sugar beet in Benelux totaled X tons per ha, increasing by X% compared with the previous year's figure. Over the period under review, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the sugar beet 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.

The sugar beet harvested area shrank to X ha in 2022, which is down by X% compared with the previous year's figure. In general, the harvested area saw a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area remained at a lower figure.

Sugar Beet Exports

Exports in Benelux

In 2022, shipments abroad of sugar beet decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. Overall, exports saw a slight setback. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then shrank dramatically in the following year.

In value terms, sugar beet exports skyrocketed to $X in 2022. In general, exports showed a pronounced slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Belgium (X tons) represented the major exporter of sugar beet, creating X% of total exports. It was distantly followed by the Netherlands (X tons), constituting a X% share of total exports.

Belgium was also the fastest-growing in terms of the sugar beet exports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, the largest sugar beet supplying countries in Benelux were Belgium ($X) and the Netherlands ($X).

Belgium, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, picking up by X% against the previous year. In general, the export price, however, recorded a noticeable curtailment. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat 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 Belgium amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Sugar Beet Imports

Imports in Benelux

In 2022, approx. X tons of sugar beet were imported in Benelux; picking up by X% compared with 2021 figures. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, sugar beet imports contracted dramatically to $X in 2022. In general, imports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Belgium represented the major importer of sugar beet in Benelux, with the volume of imports amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X tons), making up a X% share of total imports.

Belgium was also the fastest-growing in terms of the sugar beet imports, with a CAGR of X% from 2012 to 2022. The Netherlands (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Belgium increased by X percentage points.

In value terms, the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of imports in 2022.

Belgium, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 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 the Netherlands ($X per ton), while Belgium stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform

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