The analysis of Global Sugar Beet Feed for 2024 shows that Russia, with 6.7 million metric tons, leads the market, followed by France and China with 3.59 and 3.12 million metric tons, respectively. Variations from the previous year indicate notable growth in Russia (1.44%), France (1.51%), and China (2.1%). However, significant declines were observed in Ukraine (-4.89%), Moldova (-8.39%), and Iran (-16.74%). Belgium, Sweden, and other smaller markets showed minimal fluctuations.
Long-term trends indicate a diverse performance across countries with Spain (14.22%) and Kyrgyzstan (23.16%) demonstrating substantial year-on-year growth. Conversely, Iran and Greece experienced significant downturns. Over the past five years, the Compound Annual Growth Rate (CAGR) reveals average annual growth or decline, reflecting both market stability and volatility across regions.
Future trends to watch in the Global Sugar Beet Feed market by country include:
- Potential for growth in emerging markets like Kyrgyzstan and Spain.
- Possible decline in volatile regions such as Moldova and Iran.
- Monitoring geopolitical influences on Ukraine and other Eastern European countries.
- Impact of technological advancements in farming and feed production on market dynamics.
Top countries in Sugar Beet Feed by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 6,700 | 2023 | +3.09% | +1.44% | View data |
| 2 | 2 France | 3,590 | 2023 | +1.33% | +1.51% | View data |
| 3 | 3 China | 3,120 | 2023 | +3.41% | +2.1% | View data |
| 4 | 4 Ukraine | 2,600 | 2023 | -4.86% | -4.89% | View data |
| 5 | 5 Belgium | 118 | 2023 | +1.72% | +0.34% | View data |
| 6 | 6 Sweden | 97 | 2023 | 0% | -0.2% | View data |
| 7 | 7 Moldova | 91 | 2023 | -10.78% | -8.39% | View data |
| 8 | 8 Iran | 80 | 2023 | -21.57% | -16.74% | View data |
| 9 | 9 Egypt | 79 | 2023 | -17.71% | -9.89% | View data |
| 10 | 10 Pakistan | 72 | 2023 | +4.35% | +8% | View data |
