Market research

Sugar beet market in South America

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"South America" region includes following countries:

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Earlier Report Observations

Sugar beet production for human consumption in South America experienced a substantial decline, dropping from 2 433 thousand tonnes in 2018 to 662 thousand tonnes by 2023, a reduction of nearly 73% over the six-year period. The most pronounced decreases occurred in 2019 and 2021. Throughout these years, the market saw the adoption of cold storage chambers in the latter half of 2018 to improve supply stability and a growing focus on organic cultivation, which accounted for about 8% of output in some regions by 2019.

Despite the expansion of beetroot's use in the food, pharmaceutical, and cosmetic industries for products like juices, preserves, and natural dyes, overall market volume continued to contract. The sector also embraced productivity-enhancing technologies, including improved irrigation and pest control. In 2023, a significant drop in wholesale prices was attributed to increased planting and market supply, occurring alongside further market segmentation by quality and ongoing promotion of beetroot's health benefits for cardiovascular and digestive wellness.

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 South America
  1. 5.1.1. Annual dynamics of production in South America in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K 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, K 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Argentina in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Argentina by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Argentina in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Argentina by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Argentina, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Argentina by countries, 2018-2024, $ US/kg
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, kg
    1. 7.1.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, kg
    2. 7.1.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, kg
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/kg
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/kg
    2. 7.1.4.2. Dynamics of average price of product's exports from Argentina by countries, 2018-2024, $ US/kg
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, kg
    1. 7.2.2.1. Annual dynamics of product's exports from Argentina in kind, 2018-2024, kg
    2. 7.2.2.2. Dynamics of product's exports in kind from Argentina by countries, 2018-2024, kg
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Argentina in value, 2018-2024, $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Argentina by countries, 2018-2024, $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/kg
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Argentina, 2018-2024, $ US/kg
    2. 7.2.4.2. Dynamics of average price of product's exports from Argentina 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, $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, kg
  2. 8.2.2. In value, $ 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 South America

In kind, 2017-2020, K t

Top producers of sugar beet, 2017-2020

Source: SHEV.io

World map of production of sugar beet, 2017-2020

Source: SHEV.io

South America's sugar beet production has declined for the second year in a row. In 2020, the region produced 1,318 thousand tons of sugar beet, representing a moderate decrease of 3.9% compared to the previous year. Looking at the period from 2017 to 2020, production fell by 28%, which translates to an annualized decline rate of 10.4%. The highest production level was recorded in 2018 at 2,433 thousand tons. The most significant drop occurred in 2019, with a 43.7% decrease, while the largest increase was seen in 2018, with a 32.9% rise.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	32.9%	(43.7%)	(3.9%)	(10.4%)

Source: SHEV.io

Exports sugar beet from South America

Exports in kind, t

Sugar beet exports from South America have increased for the third consecutive year. In 2020, the region exported 12.0 tons of sugar beet, up by 61.9% from 2019. Between 2017 and 2020, exports surged by 32,348.3%, averaging an annual growth rate of 587.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	5 556.8%	254.2%	61.9%	587.2%

Source: SHEV.io

From 2017 to 2020, the main destinations for South America's sugar beet exports in kind were Curaçao, accounting for 31.9% of exports, Aruba with 14.7%, and Greece at 12.1%. Together, these three countries made up 58.7% of total export flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

South America's sugar beet exports in value terms have risen for the third year in a row. In 2020, exports reached 8.1 thousand US dollars, marking a 46.9% increase compared to 2019. Over the period from 2017 to 2020, exports grew by 10,049.4%, with an annualized rate of 366.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	2 341.6%	182.9%	46.9%	366.5%

Source: SHEV.io

During 2017–2020, key buyers of South American sugar beet in value terms included Germany, with 20.0% of exports, Aruba at 13.4%, and Curaçao with 12.3%. However, their combined share was only 45.7% of total exports, leaving the remaining 54.3% distributed among numerous other trading partners.

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

Source: SHEV.io

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

Source: SHEV.io

Imports sugar beet to South America

Imports in kind, t

Sugar beet imports into South America have declined for the third consecutive year. In 2020, the region imported 0.1 tons of sugar beet, a sharp drop of 72.8% from 2019. From 2017 to 2020, imports decreased by 99.9%, with a compound annual growth rate (CAGR) of -89.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(99.1%)	(50.5%)	(72.8%)	(89.5%)

Source: SHEV.io

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

The data shows irregular changes, reflecting a volatile market environment. From 2017 to 2019, the peak-to-trough amplitude was 19-fold. In 2020, South America's sugar beet imports in value terms were recorded at 12.3 thousand US dollars, up by 88.6% compared to the previous year. The lowest value was in 2019 at 6.5 thousand US dollars, and the largest decline occurred in 2018, with a 92.1% decrease.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(92.1%)	(31.9%)	88.6%	(53.3%)

Source: SHEV.io

From 2017 to 2020, the three largest markets for South America's sugar beet imports in value terms were Germany, the United States, and Trinidad and Tobago, together accounting for 23.6% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io