In 2024, Russia led global sugar beet demand with 49.67 million metric tons, marking a significant position alongside France (41.14) and the United States (32.9). Egypt's recent surge with a 2.46% increase highlights its growing market influence. Conversely, Ukraine and Spain witnessed declines in demand. Notable among the variations were Iran's 2.42% rise, while Italy's demand sharply dropped by 7.07%. Emerging trends suggest potential expansions in the Middle East and Central Asia markets, with countries like Kyrgyzstan, Kazakhstan, and Turkmenistan experiencing notable growth rates. Monitoring these shifts is crucial for anticipating future market dynamics.
Top countries in Sugar Beet Demand by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 49,670 | 2023 | +1.47% | +1.59% | View data |
| 2 | 2 France | 41,140 | 2023 | +0.18% | +0.78% | View data |
| 3 | 3 United States | 32,900 | 2023 | +0.6% | +0.44% | View data |
| 4 | 4 Germany | 27,400 | 2023 | -0.11% | +0.99% | View data |
| 5 | 5 Poland | 15,780 | 2023 | +1.17% | +0.96% | View data |
| 6 | 6 Egypt | 14,150 | 2023 | +2.17% | +2.46% | View data |
| 7 | 7 Ukraine | 13,170 | 2023 | -1.24% | -1.12% | View data |
| 8 | 8 China | 10,690 | 2023 | +1.5% | -0.58% | View data |
| 9 | 9 Iran | 7,600 | 2023 | +2.05% | +2.42% | View data |
| 10 | 10 Netherlands | 7,350 | 2023 | +0.84% | +1.02% | View data |
