Report Update Mar 1, 2025

South-Eastern Asia - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Sugar Beet Market 2025

Sugar Beet Market Size in South-Eastern Asia

The Southeast Asian sugar beet market contracted modestly to $X in 2022, waning by -1.7% against the previous year. The total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.8% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Sugar Beet Production in South-Eastern Asia

In value terms, sugar beet production stood at $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 105% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Malaysia (X tons) remains the largest sugar beet producing country in South-Eastern Asia, accounting for 60% of total volume. Moreover, sugar beet production in Malaysia exceeded the figures recorded by the second-largest producer, Myanmar (X tons), twofold.

In Malaysia, sugar beet production expanded at an average annual rate of +1.0% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Myanmar (+0.8% per year) and Vietnam (+0.7% per year).

Sugar Beet Exports

Exports in South-Eastern Asia

In 2022, after four years of decline, there was growth in shipments abroad of sugar beet, when their volume increased by 3.5% to X tons. In general, exports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 176%. As a result, the exports attained the peak of X tons. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, sugar beet exports reached $X in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2013 with an increase of 112% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The biggest shipments were from Vietnam (X tons) and Malaysia (X tons), together reaching 99% of total export.

From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of -1.6%).

In value terms, Vietnam ($X) remains the largest sugar beet supplier in South-Eastern Asia, comprising 74% of total exports. The second position in the ranking was held by Malaysia ($X), with a 25% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Vietnam amounted to -2.0%.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, increasing by 3.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 283%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while Malaysia stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (-0.3%).

Sugar Beet Imports

Imports in South-Eastern Asia

Sugar beet imports reduced to X tons in 2022, shrinking by -5.5% against 2021 figures. In general, imports saw a deep slump. The growth pace was the most rapid in 2015 when imports increased by 202%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar beet imports contracted to $X in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2015 when imports increased by 150%. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Singapore dominates imports structure, amounting to X tons, which was near 93% of total imports in 2022. It was distantly followed by Malaysia (X tons), comprising a 6.5% share of total imports.

Imports into Singapore decreased at an average annual rate of -3.4% from 2012 to 2022. At the same time, Malaysia (+44.2%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of +44.2% from 2012-2022. While the share of Singapore (+28 p.p.) and Malaysia (+6.4 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported sugar beet in South-Eastern Asia, comprising 94% of total imports. The second position in the ranking was held by Malaysia ($X), with a 4.4% share of total imports.

In Singapore, sugar beet imports plunged by an average annual rate of -3.1% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, growing by 4.2% against the previous year. In general, the import price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2020 when the import price increased by 13% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per ton), while Malaysia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar beet in South-Eastern Asia?

The countries with the highest volumes of sugar beet consumption in 2020 were Vietnam, Singapore and Thailand, with a combined 100% share of total consumption.

What are the largest producers of sugar beet in South-Eastern Asia?

The country with the largest volume of sugar beet production was Vietnam, accounting for 65% of total volume. Moreover, sugar beet production in Vietnam exceeded the figures recorded by the second-largest producer, Malaysia, twofold.

What are the leading suppliers of sugar beet in South-Eastern Asia?

In value terms, Malaysia emerged as the largest sugar beet supplier in South-Eastern Asia, comprising 76% of total exports. The second position in the ranking was occupied by Singapore, with a 10% share of total exports. It was followed by Indonesia, with a 7.1% share.

What are the leading importers of sugar beet in South-Eastern Asia?

In value terms, Singapore constitutes the largest market for imported sugar beet in South-Eastern Asia, comprising 95% of total imports. The second position in the ranking was occupied by Malaysia, with a 4.7% share of total imports.

What is the average export price for sugar beet in South-Eastern Asia?

In 2020, the sugar beet export price in South-Eastern Asia amounted to $458 per ton, dropping by -26.8% against the previous year.

What is the average import price for sugar beet in South-Eastern Asia?

In 2020, the sugar beet import price in South-Eastern Asia amounted to $878 per ton, surging by 13% against the previous year.

This report provides an in-depth analysis of the sugar beet market in South-Eastern Asia. 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:

Brunei Darussalam
Cambodia
Indonesia
Malaysia
Myanmar
Philippines
Singapore
Thailand
Timor-Leste
Vietnam
Lao People's Democratic Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in South-Eastern Asia, split by region and country
Trade (exports and imports) in South-Eastern Asia
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. CONSUMPTION BY COUNTRY
3. 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 VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
1. EXPORTS FROM 2012–2024
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Timor-Leste
- Vietnam
- Lao People's Democratic Republic
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024