These 3 issues have an impact on Dutch sugar beet cultivation in the global market
Sugar
Published Dec 24, 2020
Tridge summary
Rabobank has identified 3 trends that have a lasting impact on Dutch sugar beet cultivation.
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 ...
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