Czech Republic: Sugar Crop Market 2024

Sugar Crop Market Size in the Czech Republic

In 2022, after three years of growth, there was decline in the Czech sugar crop market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sugar crop consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Sugar Crop Production in the Czech Republic

In value terms, sugar crop production totaled $X in 2022 estimated in export price. In general, production, however, saw a noticeable expansion. The pace of growth appeared the most rapid in 2016 with an increase of X%. Sugar crop production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

The average yield of sugar crops in the Czech Republic fell to X tons per ha in 2022, waning by X% on the previous year's figure. Overall, the yield, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average 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, approx. X ha of sugar crops were harvested in the Czech Republic; standing approx. at the previous year. Overall, the harvested area recorded 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 attained the peak level of X ha. From 2018 to 2022, the growth of the sugar crop harvested area remained at a somewhat lower figure.

Sugar Crop Exports

Exports from the Czech Republic

In 2022, exports of sugar crops from the Czech Republic skyrocketed to X tons, with an increase of X% on 2021 figures. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, sugar crop exports surged to $X in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Slovenia (X tons), Hungary (X tons) and Austria (X tons) were the main destinations of sugar crop exports from the Czech Republic, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of X.8%), while the other leaders experienced more modest paces of growth.

In value terms, Hungary ($X), Slovenia ($X) and Austria ($X) appeared to be the largest markets for sugar crop exported from the Czech Republic worldwide, with a combined X% share of total exports.

Among the main countries of destination, Hungary, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, falling by X% against the previous year. Overall, the export price continues to indicate a slight descent. The growth pace was the most rapid in 2014 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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 Poland ($X per ton), while the average price for exports to Austria ($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 Slovakia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sugar Crop Imports

Imports into the Czech Republic

In 2022, overseas purchases of sugar crops increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, total imports indicated buoyant growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, sugar crop imports expanded notably to $X in 2022. Overall, total imports indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of sugar crop imports to the Czech Republic, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar crop suppliers to the Czech Republic were Germany ($X), Slovakia ($X) and Poland ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sugar crop import price stood at $X per ton in 2022, flattening at the previous year. In general, the import price continues to indicate a slight slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by X% against the previous year. 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 Poland ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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