Sugar beet market in Northern America

Earlier Report Observations

The North American sugar beet market volume showed significant volatility between 2018 and 2021. Starting at 31 570 thousand tons in 2018, it fell to 26 895 thousand tons in 2019 before recovering to 31 605 thousand tons in 2020 and reaching 34 567 thousand tons in 2021.

Market volume declined to 30 893 thousand tons in 2022, pressured by global supply chain disruptions and fluctuating raw material prices that hindered production logistics. Regulatory challenges, including GMO labeling requirements and restrictions in certain retail channels, also limited market access during this period.

A rebound to 33 129 thousand tons occurred in 2023, driven by the entry of new players like Astarta, which launched two sugar beet processing plants to expand production capacity. This growth was further supported by sustained domestic consumption, fueled by the clean-label trend and consumer preference for natural sweeteners in sectors like bakery and beverages.

Production sugar beet in Northern America

In kind, 2017-2020, K t

Top producers of sugar beet, 2017-2020

World map of production of sugar beet, 2017-2020

Following two consecutive years of decline, sugar beet production in Northern America rebounded in 2020. That year, production reached 31 605 K t, representing a substantial 17.5% increase compared to 2019. Looking at the broader period from 2017 to 2020, overall production decreased by 3.7%, which translates to an average annual decline of 1.2%. The lowest production level was recorded in 2019 at 26 895 K t, which also marked the largest year-on-year decline of 14.8%.

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

Exports sugar beet from Northern America

Exports in kind, t

Northern America's sugar beet exports reached 132.3 t in 2020, showing a sharp 74.9% increase from the previous year. Over the four-year period from 2017 to 2020, exports grew by an impressive 36 846.9%, averaging an annual growth rate of 617.6%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, t

From 2017 to 2020, Trinidad and Tobago accounted for nearly all of Northern America's sugar beet exports in volume terms, with a dominant share of 99.6% of total flows.

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

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

Exports in value, $ US

In 2020, the value of sugar beet exports from Northern America stood at 72 173 US dollars, marking a dramatic 89.1% increase compared to 2019. Between 2017 and 2020, export values surged by 25 774%, averaging an annual growth rate of 537.2%.

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

During the 2017-2020 period, Trinidad and Tobago was the destination for 99.5% of Northern America's sugar beet exports by value, establishing itself as the overwhelmingly dominant market.

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

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

Imports sugar beet to Northern America

Imports in kind, t

The import market for sugar beet in Northern America showed significant volatility during this period. The lowest import volume was recorded in 2018 at 0.2 t, which represented a 56.4% decline from the previous year. In 2019, imports surged by 828.6%, followed by another substantial increase of 220.5% in 2020, reaching 6.8 t. This created a 30-fold difference between the peak in 2020 and the trough in 2018.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, t

Throughout the 2017-2020 period, Italy remained the primary supplier of sugar beet to Northern America in volume terms, accounting for 13.8% of total imports.

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

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

Imports in value, $ US

The import market in value terms also exhibited volatility. The lowest value was recorded in 2018 at 170 US dollars, representing a 60.4% decline from the previous year. In 2019, import values jumped by 790.7%, followed by another increase of 150.7% in 2020, reaching 3 793 US dollars. This resulted in a 22-fold difference between the peak in 2020 and the trough in 2018.

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

From 2017 to 2020, Italy was the main source of sugar beet imports to Northern America in value terms, accounting for 10.7% of total import flows.

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

World map of product's imports to Northern America in value, 2017-2020