In 2023, France held a dominant position in European sugar production value, capturing over half of the market share. Germany followed as the second-largest producer, with a significant gap. Poland, Spain, and Belgium had moderate contributions, while other countries like the Czech Republic, Italy, and Finland maintained smaller shares. Year-on-year, France showed growth, while Germany, Spain, and Belgium declined. Notably, Hungary experienced substantial growth, while Serbia faced a sharp decline. The CAGR over the last five years indicates varied performances, with France maintaining steady growth and Germany and Spain witnessing a downward trend.
Looking ahead, potential shifts such as regulatory changes on sugar quotas and evolving consumer preferences towards healthier alternatives could impact the dynamics of sugar production value share in Europe. Monitoring these factors will be crucial for understanding future market movements.
Top countries in Sugar Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 52.63 | 2023 | +3.81% | +2.48% | View data |
| 2 | 2 Germany | 18.62 | 2023 | -1.56% | -3.25% | View data |
| 3 | 3 Poland | 9.35 | 2023 | -0.41% | +0.055% | View data |
| 4 | 4 Spain | 3.89 | 2023 | -0.65% | -3.16% | View data |
| 5 | 5 Belgium | 3.03 | 2023 | -8.85% | -4.17% | View data |
| 6 | 6 Czech Republic | 2.84 | 2023 | -0.6% | +0.0075% | View data |
| 7 | 7 Italy | 2.7 | 2023 | -1.03% | +1.13% | View data |
| 8 | 8 Finland | 1.15 | 2023 | -4.03% | -8.81% | View data |
| 9 | 9 Slovakia | 0.8 | 2023 | -1.15% | -0.27% | View data |
| 10 | 10 Hungary | 0.77 | 2023 | +4.6% | +8.44% | View data |
