In 2023, the sugar beet export volume in Belgium was recorded at 85.0 thousand metric tons. The forecast indicates a steady year-on-year increase in export volumes from 88.0 thousand metric tons in 2024 to 102.0 thousand metric tons by 2028. This represents an annual growth rate of approximately 3.5% over the five-year period. Considering the variations between 2022 and 2023, and the projected compound annual growth rate (CAGR) of 3.5%, it is evident that Belgium's sugar beet export market is on an ascending trajectory.
Future Trends to Watch For:
Key trends to monitor include advancements in agricultural technology, changes in trade policies, and environmental factors impacting crop yields. Additionally, shifts in global demand for sugar and related products could further influence export volumes. Keeping an eye on these factors will be crucial for anticipating future export volumes beyond 2028.
