Report Update Jan 1, 2025

Australia - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights

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Australia: Sugar Beet Market 2025

Sugar Beet Market Size in Australia

In 2022, the Australian sugar beet market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption posted a buoyant expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sugar Beet Production in Australia

In value terms, sugar beet production stood at $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with a decrease of 99.9% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

In 2022, the average sugar beet yield in Australia totaled less than X kg per ha, remaining stable against 2021 figures. In general, the yield recorded 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.

In 2022, approx. less than X ha of sugar beet were harvested in Australia; standing approx. at the previous year. Overall, the harvested area recorded a relatively flat trend pattern.

Sugar Beet Exports

Exports from Australia

Sugar beet exports from Australia soared to X kg in 2022, growing by 316% against the previous year. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 9,471%. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sugar beet exports soared to $X in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 703%. Over the period under review, the exports reached the maximum at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X kg) was the main destination for sugar beet exports from Australia, with a 66% share of total exports. Moreover, sugar beet exports to New Zealand exceeded the volume sent to the second major destination, Singapore (X kg), threefold.

From 2017 to 2022, the average annual rate of growth in terms of volume to New Zealand totaled +102.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+71.9% per year) and Taiwan (Chinese) (+85.6% per year).

In value terms, New Zealand ($X) remains the key foreign market for sugar beet exports from Australia, comprising 81% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with an 11% share of total exports.

From 2017 to 2022, the average annual rate of growth in terms of value to New Zealand stood at +100.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+61.8% per year) and Singapore (+45.9% per year).

Export Prices by Country

The average sugar beet export price stood at $X per ton in 2022, rising by 3.4% against the previous year. Over the period under review, the export price enjoyed measured growth. The growth pace was the most rapid in 2019 when the average export price increased by 1,789%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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 Taiwan (Chinese) ($X per ton), while the average price for exports to Singapore ($X per ton) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-0.5%), while the prices for the other major destinations experienced a decline.

Sugar Beet Imports

Imports into Australia

Sugar beet imports into Australia shrank markedly to X kg in 2022, reducing by -98.9% against 2021 figures. In general, imports recorded a precipitous decline. The growth pace was the most rapid in 2013 with an increase of 82%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar beet imports dropped rapidly to $X in 2022. Over the period under review, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2013 when imports increased by 46%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, France (X kg) was the main supplier of sugar beet to Australia, accounting for a approx. 100% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from France totaled -74.2%.

In value terms, France ($X) constituted the largest supplier of sugar beet to Australia.

From 2012 to 2022, the average annual growth rate of value from France amounted to -45.4%.

Import Prices by Country

The average sugar beet import price stood at $X per ton in 2022, increasing by 2,943% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +111.8% 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, the United States and Germany, with a combined 37% share of global consumption. France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium lagged somewhat behind, together accounting for a further 48%.

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, the United States and Germany, with a combined 37% share of global production. France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium lagged somewhat behind, together accounting for a further 48%.

What are the leading suppliers of sugar beet to Australia?

In value terms, Ireland constituted the largest supplier of sugar beet to Australia.

What are the leading importers of sugar beet from Australia?

In value terms, New Zealand remains the key foreign market for sugar beet exports from Australia, comprising 91% of total exports. The second position in the ranking was occupied by Singapore $195), with a 2.3% share of total exports.

What is the average export price for sugar beet in Australia?

The average sugar beet export price stood at $1,662 per ton in 2020, picking up by 5.9% against the previous year.

What is the average import price for sugar beet in Australia?

The average sugar beet import price stood at $1,406 per ton in 2020, reducing by -53.4% against the previous year.

This report provides an in-depth analysis of the sugar beet market in Australia. 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:

Australia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Australia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

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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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024