In 2024, Germany continues to lead the European market with 33.98% of the sold production of sugar, despite a 2% decrease from the previous year. France follows with 28.48%, showing a slight growth of 0.72%. Poland holds the third spot with 10.63%, although it experienced a decline of 3.08%. Belgium and Czechia contribute 5.26% and 4.16% respectively, both showing negative trends in 2023. Spain, Denmark, Serbia, and Italy hold smaller shares, with mixed rates of change. Notably, Estonia saw the highest year-on-year growth at 32.21%, although its share remains minimal.
Looking ahead, several trends should be monitored:
- Germany's stabilization efforts to counteract the subtle yearly decline.
- Potential growth in Denmark and Estonia, strong performers in 2023.
- The impact of European Union agricultural policies on countries with declining production.
- Technological innovation in sugar production and its potential influence on market shares.
Top countries in Sold Production of Sugar Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 33.98 | 2023 | +0.7% | -2% | View data |
| 2 | 2 France | 28.48 | 2023 | +1.26% | +0.72% | View data |
| 3 | 3 Poland | 10.63 | 2023 | -6.4% | -3.08% | View data |
| 4 | 4 Belgium | 5.26 | 2023 | -5.26% | -3.68% | View data |
| 5 | 5 Czechia | 4.16 | 2023 | |||
| 6 | 6 Spain | 3.57 | 2023 | +4.49% | -0.84% | View data |
| 7 | 7 Denmark | 2.96 | 2023 | +0.072% | +1.51% | View data |
| 8 | 8 Serbia | 2.02 | 2023 | -4.66% | -8.12% | View data |
| 9 | 9 Italy | 1.75 | 2023 | -11.27% | -3.18% | View data |
| 10 | 10 Lithuania | 1.62 | 2023 | +0.37% | +0.93% | View data |
