Belgium: Sugar Crop Market 2024

Sugar Crop Market Size in Belgium

In 2022, the Belgian sugar crop market was finally on the rise to reach $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption, however, saw a abrupt downturn. Sugar crop consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sugar Crop Production in Belgium

In value terms, sugar crop production stood at $X in 2022 estimated in export price. Overall, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

In 2022, the average sugar crop yield in Belgium was estimated at X tons per ha, remaining relatively unchanged against the previous year's figure. Over the period under review, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2018 to 2022, the growth of the average sugar crop yield failed to regain momentum. 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 Belgium reached X ha, standing approx. at the year before. Over the period under review, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the harvested area increased by X%. The sugar crop harvested area peaked at X ha in 2018; however, from 2019 to 2022, the harvested area failed to regain momentum.

Sugar Crop Exports

Exports from Belgium

In 2022, overseas shipments of sugar crops decreased by X% to X tons for the first time since 2016, thus ending a five-year rising trend. In general, exports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then reduced sharply in the following year.

In value terms, sugar crop exports reached $X in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The Netherlands (X tons) was the main destination for sugar crop exports from Belgium, with a X% share of total exports. Moreover, sugar crop exports to the Netherlands exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to the Netherlands stood at X%.

In value terms, the Netherlands ($X) remains the key foreign market for sugar crops exports from Belgium, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands amounted to X%.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, jumping by X% against the previous year. In general, the export price posted strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands stood at $X per ton.

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

Sugar Crop Imports

Imports into Belgium

In 2022, approx. X tons of sugar crops were imported into Belgium; growing by X% on the previous year's figure. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 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 soared to $X in 2022. Over the period under review, imports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, France (X tons) constituted the largest supplier of sugar crop to Belgium, with a X% share of total imports. Moreover, sugar crop imports from France exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sixfold. Spain (X tons) ranked third in terms of total imports with a X% share.

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

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

From 2012 to 2022, the average annual growth rate of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Spain (X% per year).

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, declining by X% against the previous year. Over the period under review, the import price showed a deep setback. The most prominent rate of growth was recorded in 2021 an increase of X%. The import price peaked 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 Spain ($X per ton), while the price for France ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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