Report Update Nov 1, 2024

Puerto Rico - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Sugar Beet Market 2024

Sugar Beet Exports

Exports by Country

Germany (X tons) and the Netherlands (X tons) represented roughly 64% of total exports in 2021. Hungary (X tons) held a 9.2% share (based on physical terms) of total exports, which put it in second place, followed by Poland (7.2%), Belgium (6.4%) and Slovakia (4.7%). The following exporters - Slovenia (X tons), Latvia (X tons), Canada (X tons) and Serbia (X tons) - together made up 5.9% of total exports.

From 2012 to 2021, sugar beet exports from expanded with a Germany of +29.3%, while the Netherlands (-44.8%) experienced a sharp reduction unchanged over the same period. At the same time, Slovenia (+139.9%), Poland (+108.4%), Latvia (+76.6%), Slovakia (+23.6%) and Belgium (+21.0%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the world, with a CAGR of +139.9% from 2012-2021. Serbia experienced a relatively flat trend pattern. By contrast, Hungary (-5.8%), Austria (-21.6%) and Canada (-22.8%) illustrated a downward trend over the same period. Germany (+55 p.p.), Poland (+7.2 p.p.), Belgium (+4.8 p.p.), Slovakia (+3.7 p.p.), Slovenia (+2.5 p.p.) and Latvia (+2.3 p.p.) significantly strengthened its position in terms of the global exports, while Austria, Canada, Hungary and the Netherlands saw its share reduced by -4.5%, -5.4%, -12.8% and -53.5% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest sugar beet supplier from Puerto Rico, comprising 33% of global exports. The second position in the ranking was held by Slovakia ($X), with a 10% share of global exports. It was followed by Belgium, with a 9.6% share.

From 2012 to 2021, the average annual growth rate of value in Germany amounted to +21.6%. The remaining exporting countries recorded the following average annual rates of exports growth: Slovakia (+16.5% per year) and Belgium (+13.2% per year).

Sugar Beet Imports

Imports by Country

In 2021, Switzerland (X tons) was the major importer of sugar beet, comprising 43% of total imports. It was distantly followed by the Czech Republic (X tons), Germany (X tons) and the Netherlands (X tons), together comprising a 40% share of total imports. The following importers - Austria (X tons), Denmark (X tons), Belgium (X tons), the UK (X tons) and the United States (X tons) - together made up 14% of total imports.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +342.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar beet importing markets into Puerto Rico were Switzerland ($X), the Czech Republic ($X) and Denmark ($X), with a combined 60% share of total imports.

Denmark, with a CAGR of +141.4%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar beet in the world?

The countries with the highest volumes of sugar beet consumption in 2020 were Russia, the United States and Germany, together comprising 37% of global consumption. These countries were followed by France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium, which together accounted for a further 48%.

What are the largest producers of sugar beet in the world?

The countries with the highest volumes of sugar beet production in 2020 were Russia, the United States and Germany, together accounting for 37% of global production. These countries were followed by France, Turkey, Poland, Egypt, China, Ukraine, the Netherlands, Iran, the UK and Belgium, which together accounted for a further 48%.

What are the leading suppliers of sugar beet to Puerto Rico?

In value terms, Switzerland constitutes the largest market for imported sugar beet into Puerto Rico, comprising 40% of global imports. The second position in the ranking was occupied by the Czech Republic, with a 13% share of global imports. It was followed by Denmark, with a 9.7% share.

What are the leading importers of sugar beet from Puerto Rico?

In value terms, Germany remains the largest sugar beet supplier from Puerto Rico, comprising 42% of global exports. The second position in the ranking was occupied by Slovakia, with a 13% share of global exports. It was followed by Slovenia, with a 9.3% share.

What is the average export price for sugar beet in Puerto Rico?

The sugar beet export price in Puerto Rico stood at $less than 0.1 per ton in 2020, approximately equating the previous year.

What is the average import price for sugar beet in Puerto Rico?

The sugar beet import price in Puerto Rico stood at $less than 0.1 per ton in 2020, standing approx. at the previous year.

This report provides an in-depth analysis of the sugar beet market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 157 - Sugar beet

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023