These 3 issues have an impact on Dutch sugar beet cultivation in the global market

Published 2020년 12월 23일

Tridge summary

The article provides an overview of the global sugar market, focusing on the European Union (EU) and the global consumption trends. Post the abolition of the EU sugar quota in 2017, the EU experienced a surge in production, transitioning from a net importer to a net exporter, though this trend hit a hurdle in 2018 due to adverse weather conditions and factory closures. Rabobank predicts a stable production and use of sugar within the EU, with import-export activities dependent on production levels.

The global sugar market outlook remains positive, driven by increasing consumption in Africa and Asia, with countries like Indonesia, China, Algeria, and Bangladesh playing key roles. Brazil remains the world's leading sugar exporter, with Thailand and India following closely. The article also touches on the future of sugar beet cultivation in the Netherlands, highlighting potential challenges such as international market competition, opportunities for value added from by-products, and the importance of precision techniques in cultivation.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This graphic representation shows the global trade flows and market developments in the global sugar market. A sugar market that is changing, partly prompted by the abolition of the European sugar quota in 2017. Until 2017, for example, the EU was a net importer of sugar for consumption. After the sugar quota was abolished, production rose to 21 million tonnes and the EU became a net exporter. Sugar production and trade balance in the EU This revival was short-lived. In 2018, production fell to 17 million tons. This was due to regional drought, high disease pressure in the cultivation and the closure of sugar factories. In the medium term, Rabobank expects the production and use of sugar within the EU to remain reasonably balanced. In years with low sugar production the EU imports and in years with high sugar production the EU exports the surplus. The main European markets for sugar are the countries around the Mediterranean and West Africa. Sugar consumption continues to rise The ...

Source: Boerenbusiness.nl