Report Update Jan 1, 2025

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

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Chile: Sugar Beet Market 2025

Sugar Beet Market Size in Chile

In 2022, after three years of decline, there was significant growth in the Chilean sugar beet market, when its value increased by 34% to $X. Over the period under review, consumption, however, saw a deep setback. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Sugar Beet Production in Chile

In value terms, sugar beet production totaled $X in 2022 estimated in export price. In general, production continues to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 24,414% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

The average yield of sugar beet in Chile expanded slightly to X tons per ha in 2022, increasing by 1.5% compared with the year before. The yield figure increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of 12% against the previous year. The sugar beet yield peaked at X tons per ha in 2018; however, from 2019 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 sugar beet harvested area in Chile soared to X ha, with an increase of 32% compared with 2021. In general, the harvested area, however, recorded a abrupt curtailment. Over the period under review, the harvested area dedicated to sugar beet production reached the maximum at X ha in 2015; however, from 2016 to 2022, the harvested area failed to regain momentum.

Sugar Beet Exports

Exports from Chile

In 2022, shipments abroad of sugar beet decreased by 0% to X kg, falling for the third year in a row after two years of growth. In general, exports showed a precipitous decline. The most prominent rate of growth was recorded in 2016 with an increase of 2,606% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sugar beet exports amounted to $X in 2022. Over the period under review, exports faced a dramatic decline. The growth pace was the most rapid in 2018 with an increase of 883% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for sugar beet exports from Chile, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual growth rate of volume to Germany totaled +6.1%.

From 2013 to 2022, the average annual rate of growth in terms of value to Germany amounted to -5.5%.

Export Prices by Country

The average sugar beet export price stood at $X per ton in 2022, leveling off at the previous year. Overall, the export price showed a precipitous descent. The pace of growth appeared the most rapid in 2020 an increase of 5.2%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2013 to 2022, the rate of growth in terms of prices for Germany amounted to -10.9% per year.

Sugar Beet Imports

Imports into Chile

In 2022, purchases abroad of sugar beet increased by 36% to X tons, rising for the third year in a row after two years of decline. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 2,967% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, sugar beet imports skyrocketed to $X in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2017 with an increase of 5,980% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

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

From 2014 to 2022, the average annual rate of growth in terms of volume from Peru stood at +172.3%.

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

From 2014 to 2022, the average annual growth rate of value from Peru totaled +141.7%.

Import Prices by Country

In 2022, the average sugar beet import price amounted to $X per ton, which is down by -15.3% against the previous year. Overall, the import price faced a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 98% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

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

From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +17.0% 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. These countries were followed by France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium, which together accounted 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, together comprising 37% of global production. These countries were followed by France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium, which together accounted for a further 48%.

What are the leading suppliers of sugar beet to Chile?

In value terms, Germany constituted the largest supplier of sugar beet to Chile.

What are the leading importers of sugar beet from Chile?

In value terms, Germany remains the key foreign market for sugar beet exports from Chile.

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

In 2020, the average sugar beet export price amounted to $1,750 per ton, which is down by -21.5% against the previous year.

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

In 2020, the average sugar beet import price amounted to $942 per ton, declining by -5.3% against the previous year.

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

Chile

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Chile
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.

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