Italy: Sugar Beet Market 2025

Sugar Beet Market Size in Italy

The Italian sugar beet market rose remarkably to $X in 2022, surging by 7.5% against the previous year. In general, consumption, however, showed a noticeable decrease. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Sugar Beet Production in Italy

In value terms, sugar beet production totaled $X in 2022 estimated in export price. Overall, production, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2017 when the production volume increased by 35%. Over the period under review, production reached the maximum level at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average sugar beet yield in Italy amounted to X tons per ha, picking up by 12% against the previous year's figure. The yield figure increased at an average annual rate of +2.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 37%. As a result, the yield attained the peak level of X tons per ha. From 2015 to 2022, the growth of the average sugar beet yield remained 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, approx. X ha of sugar beet were harvested in Italy; approximately equating the previous year. In general, the harvested area showed a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of 28% 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 Italy

In 2022, the amount of sugar beet exported from Italy plummeted to X tons, reducing by -67.7% against 2021. Overall, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 319% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, sugar beet exports shrank significantly to $X in 2022. Over the period under review, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 437%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Greece (X tons) was the main destination for sugar beet exports from Italy, with a 82% share of total exports. Moreover, sugar beet exports to Greece exceeded the volume sent to the second major destination, Malta (X kg), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Greece totaled +25.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+0.6% per year) and Germany (-37.5% per year).

In value terms, the largest markets for sugar beet exported from Italy were Malta ($X), Greece ($X) and Germany ($X), together comprising 99% of total exports.

Among the main countries of destination, Greece, with a CAGR of +23.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average sugar beet export price stood at $X per ton in 2022, shrinking by -60.7% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 218%. As a result, the export price reached the peak level of $X per ton, and then shrank sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malta ($X per ton), while the average price for exports to Germany ($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 Romania (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Beet Imports

Imports into Italy

Sugar beet imports into Italy surged to X tons in 2022, picking up by 147% against the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar beet imports skyrocketed to $X in 2022. In general, imports recorded a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Slovenia (X tons) constituted the largest supplier of sugar beet to Italy, accounting for a 85% share of total imports. Moreover, sugar beet imports from Slovenia exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold. The third position in this ranking was held by Poland (X tons), with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Slovenia totaled +13,846.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (-3.2% per year) and Poland (+127.6% per year).

In value terms, Slovenia ($X) constituted the largest supplier of sugar beet to Italy, comprising 87% of total imports. The second position in the ranking was taken by Poland ($X), with a 7% share of total imports. It was followed by Austria, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Slovenia stood at +13,954.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+137.9% per year) and Austria (+9.9% per year).

Import Prices by Country

The average sugar beet import price stood at $X per ton in 2022, growing by 84% against the previous year. Over the period under review, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 220%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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