Slovakia: Sugar Beet Market 2025

Sugar Beet Market Size in Slovakia

The Slovak sugar beet market declined to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Sugar Beet Production in Slovakia

In value terms, sugar beet production rose rapidly to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 1,686%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

The average yield of sugar beet in Slovakia shrank to X tons per ha in 2022, which is down by -1.7% against the year before. The yield figure increased at an average annual rate of +3.1% 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 2016 when the yield increased by 25%. As a result, the yield attained the peak level of X tons per ha. From 2017 to 2022, the growth of the average sugar beet yield failed to regain momentum. 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 Slovakia; which is down by -1.7% compared with 2021 figures. Overall, the harvested area, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the harvested area increased by 9.2%. The sugar beet harvested area peaked at X ha in 2017; however, from 2018 to 2022, the harvested area remained at a lower figure.

Sugar Beet Exports

Exports from Slovakia

In 2022, the amount of sugar beet exported from Slovakia contracted remarkably to X tons, shrinking by -29.6% against 2021. In general, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2014 when exports increased by 85,197% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, sugar beet exports expanded significantly to $X in 2022. Over the period under review, exports, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 with an increase of 3,481% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

The Czech Republic (X tons) was the main destination for sugar beet exports from Slovakia, with a 79% share of total exports. Moreover, sugar beet exports to the Czech Republic exceeded the volume sent to the second major destination, Hungary (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic stood at +3.2%.

In value terms, the Czech Republic ($X) remains the key foreign market for sugar beet exports from Slovakia, comprising 74% of total exports. The second position in the ranking was taken by Hungary ($X), with a 26% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the Czech Republic stood at +13.6%.

Export Prices by Country

In 2022, the average sugar beet export price amounted to $X per ton, jumping by 51% against the previous year. Over the period under review, the export price, however, saw a slight setback. The growth pace was the most rapid in 2013 an increase of 783%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Czech Republic totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Beet Imports

Imports into Slovakia

After two years of growth, purchases abroad of sugar beet decreased by -56.3% to X tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 7,971% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then contracted sharply in the following year.

In value terms, sugar beet imports declined to $X in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of 2,614% against the previous year. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

In 2022, the Czech Republic (X tons) was the main sugar beet supplier to Slovakia, with a 96% share of total imports. Moreover, sugar beet imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Austria (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Czech Republic stood at +107.8%.

In value terms, the Czech Republic ($X) constituted the largest supplier of sugar beet to Slovakia, comprising 99% of total imports. The second position in the ranking was held by Austria ($X), with a 0.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the Czech Republic totaled +81.4%.

Import Prices by Country

The average sugar beet import price stood at $X per ton in 2022, increasing by 109% against the previous year. Overall, the import price, however, faced a abrupt downturn. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Austria amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (-1.3%).

Source: IndexBox Platform

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