The 2023 trade balance shows that countries like Ireland, Latvia, and Malta have positive trade balances in sugar crops, while nations such as the Netherlands, Czech Republic, and Denmark are net importers. Recent year-on-year variations reveal positive growth in countries like Romania, Norway, and Spain, while declines are noted in Iceland and Ireland. Over a five-year period, the trend indicates stabilization for some and persistent challenges for others.
Looking to the future, expect further shifts due to climate change impacting crop yields, changes in European agricultural policies affecting trade regulations, and evolving consumer preferences that could drive demand shifts within the EU sugar market. Monitoring these factors will be crucial for understanding the dynamics of European sugar trade.
Top countries in Sugar Crops Trade Balance by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 0.056 | 2023 | 0% | -3.23% | View data |
| 2 | 2 Latvia | 0.054 | 2023 | +8% | View data | |
| 3 | 3 Malta | 0.045 | 2023 | 0% | -0.44% | View data |
| 4 | 4 Macedonia | 0.041 | 2023 | 0% | -0.48% | View data |
| 5 | 5 Hungary | 0.039 | 2023 | +8.33% | View data | |
| 6 | 6 Greece | 0.036 | 2023 | +2.86% | View data | |
| 7 | 7 Slovenia | 0.035 | 2023 | +12.9% | View data | |
| 8 | 8 Norway | 0.033 | 2023 | 0% | +0.62% | View data |
| 9 | 9 Bosnia and Herzegovina | 0.032 | 2023 | 0% | +1.63% | View data |
| 10 | 10 Spain | 0.031 | 2023 | +6.9% | +2.8% | View data |
