Benelux: Sugar Crop Market 2024

Sugar Crop Market Size in Benelux

The Benelux sugar crop market rose to $X in 2022, growing by X% against the previous year. In general, consumption, however, showed a noticeable curtailment. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sugar Crop Production in Benelux

In value terms, sugar crop production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X 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 the Netherlands (X tons) and Belgium (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by the Netherlands (with a CAGR of X%).

In 2022, the average sugar crop yield in Benelux totaled X tons per ha, therefore, remained relatively stable against 2021. Over the period under review, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2018 to 2022, the growth of the sugar crop 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 crops production in Benelux totaled X ha, therefore, remained relatively stable against the previous year's figure. In general, the harvested area showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, the harvested area reached the peak level of X ha. From 2018 to 2022, the growth of the sugar crop harvested area remained at a lower figure.

Sugar Crop Exports

Exports in Benelux

In 2022, after five years of growth, there was significant decline in shipments abroad of sugar crops, when their volume decreased by X% to X tons. In general, exports showed a slight slump. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2021, and then contracted notably in the following year.

In value terms, sugar crop exports contracted to $X in 2022. Over the period under review, exports recorded a perceptible decline. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. 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

Belgium was the major exporter of sugar crops in Benelux, with the volume of exports resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by the Netherlands (X tons), committing a X% share of total exports.

Belgium was also the fastest-growing in terms of the sugar crops 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, Belgium ($X) and the Netherlands ($X) were the countries with the highest levels of exports in 2022.

Belgium, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, in terms of 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. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while Belgium totaled $X per ton.

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

Sugar Crop Imports

Imports in Benelux

In 2022, the amount of sugar crops imported in Benelux surged to X tons, with an increase of X% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar crop imports soared to $X in 2022. In general, imports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) represented roughly X% of total imports in 2022.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of X%).

In value terms, the largest sugar crop importing markets in Benelux were the Netherlands ($X) and Belgium ($X).

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review.

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a mild decline. The growth pace was the most rapid in 2021 when the import price increased by X% against the previous year. The level of import peaked 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 amounted to $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