Northern America: Sugar Beet Market 2025

Sugar Beet Market Size in Northern America

In 2022, after two years of growth, there was decline in the North American sugar beet market, when its value decreased by -1.8% to $X. Overall, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Sugar Beet Production in Northern America

In value terms, sugar beet production expanded rapidly to $X in 2022 estimated in export price. Overall, production recorded a mild curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 27%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

The country with the largest volume of sugar beet production was the United States (X tons), accounting for 96% of total volume. Moreover, sugar beet production in the United States exceeded the figures recorded by the second-largest producer, Canada (X tons), more than tenfold.

In the United States, sugar beet production remained relatively stable over the period from 2012-2022.

The average sugar beet yield contracted to X tons per ha in 2022, dropping by -5.7% on 2021 figures. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 13% against the previous year. The level of yield peaked at X tons per ha in 2021, and then reduced in the following year. 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 Northern America was estimated at X ha, therefore, remained relatively stable against the previous year's figure. Overall, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 17%. The level of harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Beet Exports

Exports in Northern America

In 2022, after two years of growth, there was significant decline in shipments abroad of sugar beet, when their volume decreased by -37.4% to X tons. Overall, exports continue to indicate a sharp decline. The most prominent rate of growth was recorded in 2018 with an increase of 24,481% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar beet exports rose sharply to $X in 2022. In general, exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 3,629% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States represented the largest exporting country with an export of about X tons, which recorded 70% of total exports. It was distantly followed by Canada (X tons), creating a 30% share of total exports.

The United States was also the fastest-growing in terms of the sugar beet exports, with a CAGR of -10.5% from 2012 to 2022. Canada (-50.2%) illustrated a downward trend over the same period. While the share of the United States (+70 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Canada (-69.8 p.p.) displayed negative dynamics.

In value terms, Canada ($X) remains the largest sugar beet supplier in Northern America, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 21% share of total exports.

In Canada, sugar beet exports decreased by an average annual rate of -40.8% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Northern America amounted to $X per ton, jumping by 79% against the previous year. Over the period under review, the export price posted resilient growth. The growth pace was the most rapid in 2017 when the export price increased by 1,203% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.0%).

Sugar Beet Imports

Imports in Northern America

In 2022, approx. X tons of sugar beet were imported in Northern America; with an increase of 2.4% on 2021. In general, imports, however, showed a dramatic shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 374,690%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar beet imports reduced slightly to $X in 2022. Over the period under review, imports, however, recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 4,053%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The purchases of the one major importers of sugar beet, namely the United States, represented more than two-thirds of total import.

The United States was also the fastest-growing in terms of the sugar beet imports, with a CAGR of -32.8% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported sugar beet in Northern America.

In the United States, sugar beet imports decreased by an average annual rate of -45.3% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, falling by -6.9% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2017 when the import price increased by 2,071% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 2022, the rate of growth in terms of prices for the United States amounted to -18.7% per year.

Source: IndexBox Platform

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