In 2024, the UK’s sugar beet production is forecasted to be 7.65 million metric tons, slightly down from its 2023 value of 7.70 million metric tons. The data indicates a modest year-on-year decline through 2028, dropping to 7.59 million metric tons. Specifically, from 2024 to 2025, production decreases by approximately 0.26%, and from 2025 to 2026 by around 0.13%. The average annual decline over the five-year period (2024-2028) indicates a CAGR of about -0.15%.
Trends to watch for:
- Technological advances in crop yield optimization.
- Impacts of climate change and policy regulations on agricultural output.
- Changes in global sugar demand and trade dynamics.
