The EU predicts a reduction in sugar imports

Published 2024년 12월 16일

Tridge summary

The European Commission's agricultural outlook for 2024-2035 forecasts a decline in sugar beet cultivation and yields due to falling prices, increased competition for land use, and adverse weather conditions. This is expected to result in a stable decrease in EU sugar production and consumption, reached respectively at 15.3 million tonnes in 2035. The report also anticipates a slow decrease in sugar imports and exports, with a peak in 2023/24.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is stated in the “EU Agricultural Outlook 2024-2035”, prepared by the European Commission. “This has led to a decline in prices, which is expected to continue, while competition for land use by other crops will increase, so the area sown with sugar beet is expected to slowly decrease to 1.44 million hectares by 2035,” analysts say. At the same time, sugar beet yields are expected to slowly decrease due to more frequent adverse weather events and less availability of plant protection products. The decline may slow down if alternatives to banned substances appear on the market. “By 2035, the average sugar beet yield in the EU will stabilize at 72 t/ha. As a result of changes in the area sown and yields, EU sugar production will remain relatively stable and will decrease from 15.4 million tonnes in 2022-2024 to 15.3 million tonnes in 2035,” the European Commission predicts. The EU also expects that the decline in the EU population and the steady trend towards a decrease in sugar ...

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