Market research

Sugar beet market in Central America

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Central America" region includes following countries:

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Earlier Report Observations

The market volume for sugar beet in Central America showed moderate fluctuations between 2018 and 2023. After reaching 911 metric tons in 2019, it dipped slightly to 892 metric tons in 2020, then gradually recovered to 900 metric tons in 2022 before a minor contraction to 897 metric tons in 2023. These movements were primarily driven by changes in crop profitability, production efficiency, and global market conditions.

The rise in 2019 was supported by the higher profitability of sugar beet compared to alternative crops, which encouraged planting, alongside growing consumption of ultra-processed foods in the region. The subsequent dip in 2020 reflected increased international competition, particularly from duty-free imports, which pressured local producers. Recovery in 2021 was aided by greater mechanization in beet farming and processing, which lowered costs and improved output. The market stabilized near 900 metric tons in 2022, partly due to robust global demand for sugar in biofuels. Finally, the slight decline in 2023 coincided with falling world sugar prices, which reduced the incentive for beet cultivation.

Throughout the period, consumer trends toward healthier options like brown sugar and clear product labeling influenced demand patterns, while government trade policies in key Latin American countries provided additional market support. The expanding use of sugar in non-food sectors such as cosmetics and pharmaceuticals also added new segments to the market.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Central America
  1. 5.1.1. Annual dynamics of production in Central America in kind, 2018-2023, t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Belize in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/kg
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's exports from Belize in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's exports in kind from Belize by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Belize in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Belize by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Belize, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's exports from Belize by countries, 2018-2024, $ US/kg
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Belize in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/kg
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's imports to Belize in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's imports in kind to Belize by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Belize in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Belize by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Belize, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's imports to Belize by countries, 2018-2024, $ US/kg
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, kg
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sugar beet in Central America

In kind, 2017-2020, t

Top producers of sugar beet, 2017-2020

Source: SHEV.io

World map of production of sugar beet, 2017-2020

Source: SHEV.io

Sugar beet production in Central America saw a two-year increase before declining. In 2020, the region produced 891.6 tons of sugar beet, marking a slight decrease of 2.1% from the previous year. Over the 2017-2020 period, production grew by 2.3%, with an average annual growth rate of 0.8%. The highest production level was recorded in 2019 at 911.1 tons, while the largest year-on-year increase occurred in 2018 at 2.4%.

Annual dynamics of production in Central America in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	2.4%	2.1%	(2.1%)	0.8%

Source: SHEV.io

Exports sugar beet from Central America

Exports in kind, kg

The market exhibited significant volatility during this period. Exports reached their peak in 2018 and hit their lowest point in 2019, with a dramatic 1 989-fold difference between these years. In 2020, Central America exported 4 120 kg of sugar beet, representing an extraordinary increase of 41 104.3% compared to 2019. The minimum export volume was recorded in 2019 at just 10 kg, while the maximum was in 2018 at 19 888 kg. The most substantial decline occurred in 2019, with a drop of 99.9%.

Annual dynamics of product's exports from Central America in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	261.5%	(99.9%)	41 104.3%	(9.2%)

Source: SHEV.io

From 2017 to 2020, the United States dominated sugar beet exports from Central America, accounting for 92.2% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Central America in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance showed considerable fluctuations throughout the period. Export values peaked in 2018 and reached their lowest point in 2019, with a remarkable 54 143-fold gap between these years. In 2020, Central America exported sugar beet worth 2.3 thousand US dollars, reflecting a massive increase of 115 105.0% over the previous year. The minimum value was recorded in 2019 at 0.0 thousand US dollars, while the maximum was in 2018 at 108.3 thousand US dollars. The most significant decline occurred in 2019, with a 100.0% decrease.

Annual dynamics of product's exports from Central America in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	(100.0%)	115 105.0%	(71.6%)

Source: SHEV.io

During the 2017-2020 period, the export market in value terms was highly concentrated, with the United States alone responsible for 96.8% of total export flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Central America in value, 2017-2020

Source: SHEV.io

Imports sugar beet to Central America

Imports in kind, kg

In 2020, Central America imported 4 358 kg of sugar beet, representing a 50.0% increase compared to the previous year. Over the 2017-2020 period, imports surged by 217 779.9%, translating to an average annual growth rate of 1 196.4%.

Annual dynamics of product's imports to Central America in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	50.0%	n/a	n/a	1 196.4%

Source: SHEV.io

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Central America in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Central America imported sugar beet worth 2.4 thousand US dollars in 2020, equivalent to a substantial gain of 30.9% compared to 2019. Between 2017 and 2020, imports increased by 58 334.5%, corresponding to an annualized growth rate of 736.0%.

Annual dynamics of product's imports to Central America in value, 2017-2020, K $ US