Sugar beet market in Eastern Europe (including Northern Asia)

Earlier Report Observations

The sugar beet market in Eastern Europe expanded from 82 711 thousand tonnes in 2018 to 90 492 thousand tonnes in 2019, supported by steady demand for sugar and rising agricultural commodity prices, which incentivized production. Cultivation profitability improved despite increasing costs, further encouraging output. This growth was interrupted in 2020 when unfavorable weather conditions and a consequent drop in yields, alongside a reduction in sown areas to 926 thousand hectares, led to a significant market contraction to 68 778 thousand tonnes.

Market volume recovered to 78 972 thousand tonnes in 2021, driven by an expansion in sown area and gross harvest. Growth continued in 2022 as yield per hectare rose by 16% and harvested area increased slightly, reaching 83 694 thousand tonnes despite geopolitical tensions and higher production costs. By 2023, further expansion of sown areas to 1.06 million hectares and increased yield, facilitated by the modernization of processing capacities and higher import quotas for seeds, pushed market volume to a new high of 91 596 thousand tonnes.

Production sugar beet in Eastern Europe (including Northern Asia)

In kind, 2017-2020, K t

Top producers of sugar beet, 2017-2020

World map of production of sugar beet, 2017-2020

In Eastern Europe, including Northern Asia, sugar beet production reached 68 887 thousand metric tons in 2020. This represented a 24.0% decrease compared to the previous year. Looking at the period from 2017 to 2020, overall production declined by 28.4%, which translates to an annualized rate of 10.6%. The most significant growth occurred in 2019, with a 9.4% increase.

Annual dynamics of production in Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

In value, 2017-2020, M $ US

The value of sugar beet output in Eastern Europe, including Northern Asia, was 4 307 million US dollars in 2020. This marked a 27.8% drop from the previous year. From 2017 to 2020, production value fell by 28.7%, equating to an annualized decrease of 10.7%. The largest increase was observed in 2019, at 22.2%.

Annual dynamics of production in Eastern Europe (including Northern Asia) in value, 2017-2020, M $ US

Exports sugar beet from Eastern Europe (including Northern Asia)

Exports in kind, K t

In 2020, sugar beet exports from Eastern Europe, including Northern Asia, totaled 192.0 thousand metric tons, reflecting a 45.7% year-over-year increase. Over the 2017-2020 period, exports grew by 32.1%, with an annualized rate of 9.7%. The lowest volume was recorded in 2019 at 131.7 thousand metric tons, which also saw the largest decline of 16.8%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

From 2017 to 2020, Croatia and Austria were the primary markets for sugar beet exports in kind from Eastern Europe, including Northern Asia, together accounting for 55.9% of total export flows.

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

World map of product's exports from Eastern Europe (including Northern Asia) in kind, 2017-2020

Exports in value, K $ US

Eastern Europe, including Northern Asia, exported sugar beet worth 12 001 thousand US dollars in 2020, showing a sharp 38.4% gain compared to 2019. Between 2017 and 2020, export value increased by 31.7%, with an annualized growth rate of 9.6%. The minimum value was in 2019 at 8 673 thousand US dollars, which also experienced the largest decline of 7.0%.

Annual dynamics of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

During 2017-2020, the main buyers of sugar beet from Eastern Europe, including Northern Asia, in value terms were Croatia with 40.3% of exports, Austria with 16.1%, and Germany with 1.4%. Together, these three countries accounted for 57.8% of total export value.

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

World map of product's exports from Eastern Europe (including Northern Asia) in value, 2017-2020

Imports sugar beet to Eastern Europe (including Northern Asia)

Imports in kind, K t

The data shows irregular changes, indicating a volatile market environment. Imports reached their lowest point in 2019 at 26.2 thousand metric tons and peaked in 2020 at 82.5 thousand metric tons, representing a 3.2-fold difference. In 2020, Eastern Europe, including Northern Asia, imported approximately 82.5 thousand metric tons of sugar beet, a sharp rise of 215.2% over the previous year. The largest decline occurred in 2019, at 39.4%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020, K t

From 2017 to 2020, Austria, with 16.5% of total flows, and Germany, with 10.3%, formed the leading pair of markets for sugar beet imports in kind to Eastern Europe, including Northern Asia.

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

World map of product's imports to Eastern Europe (including Northern Asia) in kind, 2017-2020

Imports in value, K $ US

In 2020, Eastern Europe, including Northern Asia, imported sugar beet valued at 9 318 thousand US dollars, up 16.7% from 2019. Over the 2017-2020 period, imports decreased by 6.8%, with an annualized rate of 2.3%. The minimum value was recorded in 2019 at 7 986 thousand US dollars, while the maximum was in 2018 at 10 465 thousand US dollars. The largest decline occurred in 2019, at 23.7%.

Annual dynamics of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020, K $ US

From 2017 to 2020, Austria, with 39.9% of imports in value terms, Germany with 8.2%, and France with 3.0% consistently served as the main destinations for sugar beet imports to Eastern Europe, including Northern Asia. Together, they accounted for 51.1% of total import flows.

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

World map of product's imports to Eastern Europe (including Northern Asia) in value, 2017-2020