Africa: Sugar Beet Market 2024

Sugar Beet Market Size in Africa

The African sugar beet market fell to $X in 2022, waning by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Sugar Beet Production in Africa

In value terms, sugar beet production shrank sharply to $X in 2022 estimated in export price. Overall, production, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2016 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Egypt (X tons) remains the largest sugar beet producing country in Africa, comprising approx. X% of total volume. Moreover, sugar beet production in Egypt exceeded the figures recorded by the second-largest producer, Morocco (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume in Egypt amounted to X%.

The average sugar beet yield expanded slightly to X tons per ha in 2022, surging by X% on the previous year. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. As a result, the yield attained the peak level of X tons per ha. From 2021 to 2022, the growth of the sugar beet yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of sugar beet in Africa fell to X ha, waning by X% on 2021 figures. The total harvested area indicated a pronounced increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar beet harvested area increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the harvested area increased by X% against the previous year. As a result, the harvested area attained the peak level of X ha, and then contracted in the following year.

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Sugar Beet Exports

Exports in Africa

In 2022, shipments abroad of sugar beet increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar beet exports shrank remarkably to $X in 2022. Overall, exports continue to indicate a noticeable expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt prevails in exports structure, recording X tons, which was near X% of total exports in 2022. Botswana (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sugar beet exports from Egypt stood at X%. At the same time, Botswana (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Egypt and Botswana increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Egypt ($X) emerged as the largest sugar beet supplier in Africa, comprising X% of total exports. The second position in the ranking was held by Botswana ($X), with a X% share of total exports.

In Egypt, sugar beet exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Africa stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Botswana ($X per ton), while Egypt stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Botswana (X%).

Sugar Beet Imports

Imports in Africa

After two years of growth, supplies from abroad of sugar beet decreased by X% to X tons in 2022. In general, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar beet imports shrank significantly to $X in 2022. Over the period under review, imports faced a significant contraction. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Ethiopia represented the largest importing country with an import of around X tons, which resulted at X% of total imports. Swaziland (X tons) took the second position in the ranking, followed by Namibia (X tons), Botswana (X tons) and Senegal (X tons). All these countries together took near X% share of total imports. The following importers - Kenya (X tons), Libya (X tons), Cote d'Ivoire (X tons), Democratic Republic of the Congo (X tons) and Gambia (X tons) - each resulted at a X% share of total imports.

Imports into Ethiopia increased at an average annual rate of X% from 2012 to 2022. At the same time, Botswana (X%), Cote d'Ivoire (X%) and Senegal (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. By contrast, Gambia (X%), Namibia (X%), Libya (X%), Democratic Republic of the Congo (X%), Swaziland (X%) and Kenya (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Ethiopia, Namibia, Botswana, Swaziland, Senegal, Libya, Cote d'Ivoire, Gambia and Democratic Republic of the Congo increased by X, X, X, X, X, X, X, X and X percentage points, respectively.

In value terms, Cote d'Ivoire ($X), Botswana ($X) and Democratic Republic of the Congo ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Ethiopia, Namibia, Swaziland, Libya, Senegal, Kenya and Gambia lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Ethiopia, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Africa amounted to $X per ton, shrinking by X% against the previous year. Import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar beet import price increased by X% against 2020 indices. The growth pace was the most rapid in 2018 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Cote d'Ivoire ($X per ton), while Ethiopia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Gambia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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