Kyrgyzstan: Sugar Beet Market 2020

Sugar Beet Market Size in Kyrgyzstan

The revenue of the sugar beet market in Kyrgyzstan amounted to $X in 2018, surging by X% against the previous year. Over the period under review, sugar beet consumption continues to indicate significant growth. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Kyrgyzstan sugar beet consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Sugar Beet Production in Kyrgyzstan

In value terms, sugar beet production totaled $X in 2018 estimated in export prices. Over the period under review, sugar beet production continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, sugar beet production attained its maximum level in 2018 and is expected to retain its growth in the near future.

In 2018, the average sugar beet yield in Kyrgyzstan totaled X ton per ha, rising by X% against the previous year. Overall, the sugar beet yield continues to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. In that year, the sugar beet yield attained its peak level of X ton per ha. From 2017 to 2018, the growth of the sugar beet 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.

Sugar beet harvested area in Kyrgyzstan amounted to X ha in 2018, rising by X% against the previous year. In general, the sugar beet harvested area continues to indicate a resilient expansion. The growth pace was the most rapid in 2016 when harvested area increased by X% against the previous year. The global sugar beet harvested area peaked in 2018 and is likely to see steady growth in the immediate term.

Sugar Beet Exports

Exports from Kyrgyzstan

In 2018, approx. X tons of sugar beet were exported from Kyrgyzstan; flattening at the previous year. Over the period under review, sugar beet exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, sugar beet exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, sugar beet exports totaled $X in 2018. Overall, sugar beet exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. Over the period under review, sugar beet exports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

Germany was the key exporter of sugar beet in the world, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2018. Austria (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Belgium (X%). The following exporters - Slovenia (X tons), Slovakia (X tons), Egypt (X tons) and Croatia (X tons) - together made up X% of total exports.

Exports from Germany increased at an average annual rate of +X% from 2007 to 2018. At the same time, Slovenia (+X%), Belgium (+X%), Egypt (+X%), Croatia (+X%) and Slovakia (+X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Austria (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany, Belgium and Slovenia increased by +X%, +X% and +X% percentage points, while Austria (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest sugar beet supplier from Kyrgyzstan, comprising X% of global exports. The second position in the ranking was occupied by Slovakia ($X), with a X% share of global exports. It was followed by Austria, with a X% share.

From 2007 to 2018, the average annual growth rate of value in Germany totaled +X%. In the other countries, the average annual rates were as follows: Slovakia (+X% per year) and Austria (-X% per year).

Export Prices by Country

In 2018, the sugar beet export price in Kyrgyzstan amounted to $X per ton, rising by X% against the previous year. In general, the sugar beet export price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, the export prices for sugar beet attained their peak figure in 2018 and is likely to continue its growth in the near future.

Prices varied noticeably by the country of origin; the country with the highest price was Slovakia ($X per ton), while Germany ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Slovakia (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Beet Imports

Imports by Country

The imports of the four major importers of sugar beet, namely Switzerland, the Netherlands, Croatia and the Czech Republic, represented more than two-thirds of total import. Slovakia (X tons), the UK (X tons), Singapore (X tons), Ireland (X tons), Russia (X tons) and Belgium (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ireland, while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Croatia ($X) and the Czech Republic ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the Netherlands, Slovakia, the UK, Russia, Belgium, Ireland and Singapore, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sugar beet import price in Kyrgyzstan amounted to $X per ton, standing approx. at the previous year. Over the period under review, the sugar beet import price continues to indicate a relatively flat trend pattern. Over the period under review, the import prices for sugar beet attained their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Slovakia ($X per ton), while Singapore ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform