Netherlands: Sugars Market 2024

Sugars Market Size in the Netherlands

In 2021, the Dutch sugars market decreased by -21.2% to $X, falling for the fourth consecutive year after two years of growth. Over the period under review, consumption saw a noticeable reduction. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Sugars Production in the Netherlands

In value terms, sugars production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. The pace of growth appeared the most rapid in 2018 when the production volume increased by 35% against the previous year. Sugars production peaked at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Sugars Exports

Exports from the Netherlands

Sugars exports from the Netherlands soared to X tons in 2021, surging by 69% compared with the previous year's figure. Over the period under review, exports enjoyed a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, sugars exports surged to $X in 2021. In general, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 97%. Over the period under review, the exports reached the maximum in 2021 and are likely to continue growth in years to come.

Exports by Country

The United States (X tons), Italy (X tons) and Germany (X tons) were the main destinations of sugars exports from the Netherlands, with a combined 52% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +181.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sugars exported from the Netherlands were the United States ($X), Italy ($X) and Germany ($X), together accounting for 54% of total exports.

The United States, with a CAGR of +146.1%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sugars export price stood at $X per ton in 2021, increasing by 5.6% against the previous year. Over the last nine years, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2020 an increase of 27%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sugars Imports

Imports into the Netherlands

In 2021, overseas purchases of sugars, sugar ethers and salts increased by 9.4% to X tons, rising for the third year in a row after two years of decline. In general, total imports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +6.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +106.6% against 2018 indices. The most prominent rate of growth was recorded in 2014 with an increase of 67%. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, sugars imports surged to $X in 2021. Over the period under review, imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2017 when imports increased by 74%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of sugars imports to the Netherlands, with a combined 44% share of total imports. France, Thailand, Austria, Belgium, Malta, Denmark, Japan, Finland and South Africa lagged somewhat behind, together accounting for a further 52%.

From 2012 to 2021, the biggest increases were recorded for Malta (with a CAGR of +321.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) constituted the largest supplier of sugars, sugar ethers and salts to the Netherlands, comprising 30% of total imports. The second position in the ranking was taken by Germany ($X), with a 13% share of total imports. It was followed by China, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled +3.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.0% per year) and China (+37.4% per year).

Import Prices by Country

The average sugars import price stood at $X per ton in 2021, rising by 10% against the previous year. Overall, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sugars import price decreased by -22.1% against 2017 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 80% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Africa (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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