The 2024 data for European import of solid raw cane and beet sugar reveals Spain leading with 484.49 million kilograms, followed by the United Kingdom (347.43), and Portugal (315.3). Spain experienced a notable 13.19% year-over-year increase, reflecting strong demand. The UK, however, saw a 6.35% decline compared to the previous year. Portugal's import levels remained stable with a minor increase of 0.044%. Noteworthy is the substantial rise in Croatia (73.42%) and Bulgaria (82.59%), while France witnessed a significant decrease (-23.22%).
Over the last five years, the compound annual growth rate (CAGR) highlights Croatia and Hungary's significant growth in imports, whereas France and Slovenia contracted. Germany and Poland show steady increases, indicating stable market needs.
Future trends to watch include the potential for increased imports in Eastern European countries like Croatia, due to economic growth and rising demand. Conversely, Western European markets, particularly France, may continue to decline due to changing consumer preferences or strategic shifts in sourcing.
Top countries in Import of Solid Raw Cane and Beet Sugar by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 484,490,000 | 2023 | +13.53% | +13.19% | View data |
| 2 | 2 United Kingdom | 347,430,000 | 2023 | -10.32% | -6.35% | View data |
| 3 | 3 Portugal | 315,300,000 | 2023 | +0.19% | +0.044% | View data |
| 4 | 4 Italy | 305,920,000 | 2023 | +0.9% | +4.47% | View data |
| 5 | 5 Belgium | 92,631,000 | 2023 | +11.09% | +5.44% | View data |
| 6 | 6 Netherlands | 78,601,000 | 2023 | +10.2% | +19.04% | View data |
| 7 | 7 Croatia | 66,489,000 | 2023 | -2.92% | +73.42% | View data |
| 8 | 8 Germany | 60,735,000 | 2023 | +2.89% | +6.38% | View data |
| 9 | 9 Romania | 53,571,000 | 2023 | -26.38% | +2.19% | View data |
| 10 | 10 Poland | 52,873,000 | 2023 | -2.77% | +14.91% | View data |
