In 2023, Austria and the Netherlands led the European Sugar Beet Real Price Index, indicating significant growth compared to 2022, with increases of 23% and 26.43% respectively. Poland and Germany also showed upwards of 14% growth, contrasting with Lithuania and Greece, which experienced declines of over 6%. The five-year compound annual growth rate suggests stability in Germany and Poland, with the Czech Republic and Slovakia facing challenges. Strong price resilience is noted in Western Europe, especially large economies like Germany and France.
Looking ahead to 2024, watch for the impact of agricultural advancements and policy shifts on sugar beet prices. Environmental factors and changing consumer demands could drive further regional variability, potentially influencing long-term index stability.
Top countries in Sugar Beet Real Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 165.77 | 2022 | +79.56% | +23% | View data |
| 2 | 2 Netherlands | 144.81 | 2022 | +104.97% | +26.43% | View data |
| 3 | 3 Poland | 129.13 | 2022 | +43.22% | +14.99% | View data |
| 4 | 4 Germany | 117.52 | 2022 | +35.38% | +14.82% | View data |
| 5 | 5 France | 103.76 | 2022 | +7.9% | +7.06% | View data |
| 6 | 6 Croatia | 101.2 | 2022 | -9.95% | +2.53% | View data |
| 7 | 7 Finland | 85.6 | 2022 | +11.6% | +4% | View data |
| 8 | 8 Belgium | 85.45 | 2022 | +11.1% | +3.35% | View data |
| 9 | 9 Lithuania | 84.89 | 2022 | +6.69% | -11.17% | View data |
| 10 | 10 Greece | 80.74 | 2022 | -8.51% | -6.23% | View data |
