Spain - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugar Beet Price in Spain - 2023
Contents:
- Sugar Beet Price in Spain (CIF) - 2022
- Sugar Beet Price in Spain (FOB) - 2022
- Sugar Beet Imports in Spain
- Sugar Beet Exports in Spain
Sugar Beet Price in Spain (CIF) - 2022
The average sugar beet import price stood at $4,200 per ton in 2022, reducing by -17.7% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 458%. As a result, import price reached the peak level of $16,333 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($13,822 per ton), while the price for Italy ($887 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Sugar Beet Price in Spain (FOB) - 2022
The average sugar beet export price stood at $717 per ton in 2022, jumping by 77% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2018 an increase of 568% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,025 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($8,584 per ton), while the average price for exports to France ($434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+8.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sugar Beet Imports in Spain
In 2022, sugar beet imports into Spain dropped slightly to 137 tons, approximately reflecting the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. As a result, imports reached the peak of 139 tons, and then declined in the following year.
In value terms, sugar beet imports fell notably to $576K in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 69%.
| Import of Sugar Beet in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 168 | 322 | 512 | 402 | 33.8% |
| France | 6.3 | 55.4 | 141 | 124 | 170.0% |
| Portugal | 83.3 | 57.5 | 25.9 | 37.6 | -23.3% |
| Belgium | 1.4 | 8.3 | 19.8 | 6.6 | 67.7% |
| Italy | 3.4 | N/A | 4.6 | 5.5 | 17.4% |
| Others | 0.2 | 0.2 | 5.6 | 0.3 | 14.5% |
| Total | 263 | 444 | 709 | 576 | 29.9% |
Top Suppliers of Sugar Beet to Spain in 2022:
- France (71.1 tons)
- Germany (29.1 tons)
- Portugal (27.1 tons)
- Italy (6.2 tons)
- Belgium (3.4 tons)
Sugar Beet Exports in Spain
In 2022, shipments abroad of sugar beet decreased by -62.6% to 563 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 704% against the previous year.
In value terms, sugar beet exports reduced rapidly to $404K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 203%.
| Export of Sugar Beet in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 24.2 | 246 | 479 | 234 | 113.0% |
| Germany | 105 | 225 | 1.2 | 105 | 0.0% |
| Others | 45.3 | 57.9 | 129 | 64.6 | 12.6% |
| Total | 174 | 529 | 609 | 404 | 32.4% |
Top Export Markets for Sugar Beet from Spain in 2022:
- France (539.4 tons)
- Germany (16.5 tons)
This report provides an in-depth analysis of the sugar beet market in Spain. 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:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
795
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137
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