Estonia - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSugar Beet Price in Estonia - 2023
Contents:
- Sugar Beet Price in Estonia (CIF) - 2022
- Sugar Beet Price in Estonia (FOB) - 2022
- Sugar Beet Imports in Estonia
- Sugar Beet Exports in Estonia
Sugar Beet Price in Estonia (CIF) - 2022
In 2022, the average sugar beet import price amounted to $255 per ton, surging by 5.5% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +45.6% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 82%. Over the period under review, average import prices attained the peak figure at $303 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($287 per ton), while the price for Lithuania totaled $227 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.4%), while the prices for the other major suppliers experienced a decline.
Sugar Beet Price in Estonia (FOB) - 2022
In 2022, the average sugar beet export price amounted to $941 per ton, stabilizing at the previous year. Overall, the export price recorded significant growth. The pace of growth appeared the most rapid in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($1,000 per ton), while the average price for exports to Lithuania ($933 per ton) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+49.1%).
Sugar Beet Imports in Estonia
In 2022, approx. 80 tons of sugar beet were imported into Estonia; waning by -85.6% against the previous year. Over the period under review, imports recorded a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year.
In value terms, sugar beet imports reduced notably to $20K in 2022. In general, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 151%.
Import of Sugar Beet in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Lithuania | 66.4 | 52.8 | 32.8 | 17.3 | -36.1% |
Denmark | N/A | 0.5 | 0.2 | 1.0 | 41.4% |
Russia | 34.2 | N/A | N/A | N/A | 0% |
Latvia | 123 | N/A | 101 | N/A | -9.4% |
Others | N/A | N/A | N/A | 2.0 | 0% |
Total | 224 | 53.3 | 134 | 20.3 | -55.1% |
Top Suppliers of Sugar Beet to Estonia in 2022:
- Lithuania (76.0 tons)
- Denmark (3.6 tons)
Sugar Beet Exports in Estonia
In 2022, sugar beet exports from Estonia amounted to 17 kg, approximately mirroring the previous year. Over the period under review, exports recorded a dramatic contraction. The smallest decline of 99.9% was in 2021.
In value terms, sugar beet exports stood at $16 in 2022. In general, exports continue to indicate a deep contraction. The smallest decline of 99.9% was in 2021.
Export of Sugar Beet in Estonia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Lithuania | N/A | N/A | 14.0 | 0% | |
Iceland | N/A | N/A | 1.0 | 0% | |
Netherlands | 18.0 | N/A | 1.0 | -76.4% | |
Others | N/A | N/A | N/A | 0% | |
Total | 18.0 | N/A | 16.0 | -5.7% |
Top Export Markets for Sugar Beet from Estonia in 2022:
- Lithuania (15.0 kg)
- Iceland (1.0 kg)
- Netherlands (1.0 kg)
This report provides an in-depth analysis of the sugar beet market in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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
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Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9%
Global sugar beet consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
In 2015, the countries with the highest levels of sugar beet production were France (X thousand tons), Germany (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
The Netherlands dominates in the global sugar beet trade. In 2014, the Netherlands exported X thousand tons of sugar beet totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its tot
Global chicory consumption amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
In 2015, the country with the largest volume of the chicory output was Belgium (X thousand tons), accounting for X% of global production.
Despite somewhat disappointing export numbers in 2014, Italy continued to lead the way in the global chicory trade. In 2014, Italy exported X thousand tons of chicory totaling X million USD, X% under the previous year. Its primary trading partner w
Global sugar cane consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the sugar cane output was Brazil (X thousand tons), accounting for X% of global production.
Spain continued its dominance in the global sugar cane trade. In 2014, Spain exported X kt of sugar cane totaling $X, X% under the previous year. Its primary trading partner was Italy, where it supplied X% of its total sugar cane exports in