China: Sugar Beet Market 2025

Sugar Beet Market Size in China

The Chinese sugar beet market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption, however, continues to indicate a perceptible curtailment. Sugar beet consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Sugar Beet Production in China

In value terms, sugar beet production declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a perceptible setback. The growth pace was the most rapid in 2016 with an increase of 75% 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 average yield of sugar beet in China skyrocketed to X tons per ha in 2022, jumping by 31% compared with the year before. In general, the yield, however, saw a mild reduction. The most prominent rate of growth was recorded in 2016 with an increase of 60% against the previous year. Over the period under review, the average sugar beet yield hit record highs at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat 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 beet production in China contracted modestly to X ha, reducing by -3.6% compared with the previous year. Overall, the harvested area recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 24% against the previous year. Over the period under review, the harvested area dedicated to sugar beet production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Sugar Beet Exports

Exports from China

In 2022, approx. X tons of sugar beet were exported from China; waning by -69.1% on the previous year's figure. In general, exports recorded a mild descent. The pace of growth was the most pronounced in 2021 with an increase of 263% against the previous year. As a result, the exports reached the peak of X tons, and then contracted rapidly in the following year.

In value terms, sugar beet exports contracted rapidly to $X in 2022. Over the period under review, exports, however, showed noticeable growth. The most prominent rate of growth was recorded in 2021 when exports increased by 396%. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

Russia (X tons) was the main destination for sugar beet exports from China, with a 95% share of total exports. It was followed by the United States (X tons), with a 2.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+3.0% per year) and Vietnam (0.0% per year).

In value terms, Russia ($X) remains the key foreign market for sugar beet exports from China, comprising 86% of total exports. The second position in the ranking was taken by the United States ($X), with a 7.1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Russia amounted to +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+8.5% per year) and Vietnam (0.0% per year).

Export Prices by Country

In 2022, the average sugar beet export price amounted to $X per ton, with an increase of 67% against the previous year. In general, the export price continues to indicate a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+8.9%).

Sugar Beet Imports

Imports into China

In 2022, approx. less than X kg of sugar beet were imported into China; falling by 99.9% on the previous year's figure. In general, imports recorded a deep downturn. The pace of growth was the most pronounced in 2015 when imports increased by 60%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar beet imports declined to $X in 2022. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 29%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) was the main supplier of sugar beet to China, with a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled -6.3%.

In value terms, the United States ($X) constituted the largest supplier of sugar beet to China.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States was relatively modest.

Import Prices by Country

In 2021, the average sugar beet import price amounted to $X per ton, with an increase of 2.5% against the previous year. Over the period under review, the import price recorded a resilient expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 107% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, 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 the United States.

From 2012 to 2021, the rate of growth in terms of prices for Myanmar amounted to +146.6% per year.

Source: IndexBox Platform

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