Slovenia: Sugar Beet Market 2025

Sugar Beet Market Size in Slovenia

The Slovene sugar beet market skyrocketed to $X in 2022, growing by 158% against the previous year. Over the period under review, consumption saw strong growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sugar Beet Production in Slovenia

In value terms, sugar beet production reached $X in 2022 estimated in export price. Over the period under review, production posted a modest expansion. The most prominent rate of growth was recorded in 2019 with an increase of 4.7% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

The average yield of sugar beet in Slovenia soared to X tons per ha in 2022, increasing by 21% against the previous year. In general, the yield saw a resilient increase. The growth pace was the most rapid in 2020 when the yield increased by 62% against the previous year. As a result, the yield reached the peak level of X tons per ha. From 2021 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.

The sugar beet harvested area in Slovenia declined to X ha in 2022, with a decrease of -7.7% compared with the year before. Over the period under review, the harvested area saw a abrupt decline. The most prominent rate of growth was recorded in 2021 when the harvested area increased by 18% against the previous year. The sugar beet harvested area peaked at X ha in 2019; however, from 2020 to 2022, the harvested area remained at a lower figure.

Sugar Beet Exports

Exports from Slovenia

In 2022, shipments abroad of sugar beet decreased by -41.8% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 163% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar beet exports reduced to $X in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 123%. Over the period under review, the exports reached the peak figure at $X in 2021, and then declined in the following year.

Exports by Country

Italy (X tons), Croatia (X tons) and the Czech Republic (X tons) were the main destinations of sugar beet exports from Slovenia, together comprising 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +551.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) emerged as the key foreign market for sugar beet exports from Slovenia, comprising 82% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 10% share of total exports. It was followed by Croatia, with a 4.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +8.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+54.2% per year) and Croatia (+371.7% per year).

Export Prices by Country

The average sugar beet export price stood at $X per ton in 2022, picking up by 55% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 79%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+48.8%), while the prices for the other major destinations experienced mixed trend patterns.

Sugar Beet Imports

Imports into Slovenia

In 2022, after two years of decline, there was significant growth in supplies from abroad of sugar beet, when their volume increased by 464% to X tons. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by 1,049%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, sugar beet imports skyrocketed to $X in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2015 with an increase of 972% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, the Czech Republic (X tons) was the main sugar beet supplier to Slovenia, accounting for a 92% share of total imports. Moreover, sugar beet imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Croatia (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the Czech Republic totaled +97.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+7.8% per year) and the Netherlands (+163.7% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of sugar beet to Slovenia, comprising 73% of total imports. The second position in the ranking was taken by Croatia ($X), with a 14% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the Czech Republic stood at +88.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+12.5% per year) and the Netherlands (+129.1% per year).

Import Prices by Country

In 2022, the average sugar beet import price amounted to $X per ton, with a decrease of -51.3% against the previous year. Overall, the import price showed a mild decrease. The growth pace was the most rapid in 2014 when the average import price increased by 47% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform