White beet sugar in Poland and Europe in the first half of 2024

The white beet sugar market in Poland and Europe has experienced significant fluctuations. The armed conflict in Ukraine, a follow-up to Russia’s February 2022 invasion, has had a significant impact on the global sugar market, leading to disruptions in sugar production and exports. The increase in energy prices has further burdened the cost of sugar production, affecting its final price. Stable but slightly increased demand for sugar, mainly from the food and beverage industry, has put additional pressure on the market. At the same time, sugar production in Poland and Europe did not reach last year’s levels, due to unfavorable weather conditions and rising raw material prices.

Important events and factors affecting prices, imports and exports

The flow of Ukrainian sugar into the European market has been limited by the ongoing hostilities, but despite this, some quantities of Ukrainian sugar have fed into the market, affecting price stability. In the second half of 2024, the outlook for the sugar market remains uncertain, dependent on a number of variables, including the further course of the war in Ukraine, the development of energy prices, weather conditions and sugar demand. Despite the current challenges, the sugar market may experience further price fluctuations, as well as changes in import and export levels, depending on geopolitical and economic developments in Europe.

  • War in Ukraine

Ukraine is one of the largest producers and exporters of sugar in the world. In 2021, it produced about 20 million tons of sugar, of which 14.5 million tons were exported. Russia’s invasion of Ukraine in February 2022 had a significant impact on the global sugar market. Ukraine is one of the world’s largest sugar exporters, and the war has led to disruptions in production and exports. This caused an increase in sugar prices on world markets, which also affected prices in Poland and Europe.

  • Increase in energy prices

Energy prices rose significantly in the first half of 2024, affecting sugar production costs. Sugar beets require a lot of energy to process into sugar, and higher energy prices have led to higher production costs.Sugar production from sugar beets is an energy-intensive process that involves a number of energy-intensive steps, such as beet juice extraction, cleaning, juice concentration and sugar crystallization. The increase in energy prices led to higher costs at each of these stages, which ultimately translated into higher sugar production costs.

  • Increased demand

Demand for sugar in the first half of 2024 was relatively stable. However, a slight increase in demand from some sectors, such as the food and beverage industry, has put pressure on prices. With the rising prices of other foods, such as fruits and vegetables, sugar is becoming a more attractive alternative for many consumers. This is particularly evident in low-income countries, where sugar is often one of the cheaper sources of energy. Although there is a growing interest in healthy foods, there are still many people who enjoy eating sugary and salty products. Sugar is often added to processed foods, increasing its consumption. The popularity of carbonated and energy drinks, which contain large amounts of sugar, also contributes to its demand.

  • Reduction in production

In the spring of 2023, many countries in Europe experienced droughts that negatively affected the growth of sugar beets. Fertilizer and pesticide prices have risen recently, increasing the cost of sugar production. Sugar production in Poland and Europe in the first half of 2024 was slightly lower than in the same period last year. This was due to a number of factors, including unfavorable weather conditions and rising commodity prices.

Impact of sugar influx from Ukraine

The impact of the influx of sugar from Ukraine into the Polish and European markets in the first half of 2024 was an important factor shaping the price dynamics and availability of this raw material. Ukraine, which is one of the world’s key sugar producers, has found itself in a difficult situation due to the prolonged war with Russia, which began in February 2022. The conflict has caused a number of logistical problems, a reduction in farmland and damage to industrial infrastructure, which has directly reduced Ukraine’s production and export capacity.

  • Reduced production and logistical disruption

The war has caused major disruptions in Ukraine’s agriculture and processing industries. Farmers have had limited access to key resources such as fertilizer and fuel, and have faced security problems in the areas affected by the military operations. In addition, the destruction of transportation infrastructure, including roads and bridges, made it difficult to transport sugar beets to processing plants and export finished sugar abroad. All of this has caused Ukraine’s sugar production to drop significantly.

  • Inflow of sugar to Poland and Europe

Despite these challenges, some sugar from Ukraine has found its way to the European market. This was made possible by logistical efforts, including the search for alternative transportation routes and international humanitarian and economic assistance, which helped in part to sustain Ukrainian production and exports. Sugar imports from Ukraine, however, were limited and irregular, making their impact on the European market volatile.

Forecasts for the sugar market in Poland and Europe for the second half of 2024

The white beet sugar market in Poland and Europe faces an uncertain future in the second half of 2024. Much depends on a complex set of factors that can affect prices, imports and exports of this commodity. The main determinants include the course of the war in Ukraine, energy prices, weather conditions and sugar demand. Analysis of these factors will help understand possible scenarios for market development in the coming months.

  • Sugar prices: stability with possible reductions

Sugar prices in Poland and Europe are expected to remain relatively high. The war in Ukraine, which has a key impact on the sugar market, has caused significant disruptions in the production and export of the commodity, which has affected its supply and price. However, some price reduction is possible if sugar production in Europe increases and sugar inflows from Ukraine increase. Stabilization of the situation in Ukraine could contribute to greater supply and lower price pressure.

  • Sugar imports: potential for growth

Sugar imports to Poland and Europe in the second half of 2024 may increase, especially if sugar production in Europe is not sufficient to meet demand. High energy prices, which raise production costs, may prompt European producers to reduce production, increasing reliance on imports. Ukraine, despite its difficulties, remains a potential source of additional supplies if the logistical and political obstacles of the war can be overcome.

  • Sugar exports: possible reduction

Sugar exports from Poland and Europe could decline if sugar prices on world markets fall. European producers may be less inclined to export if domestic prices are more profitable. In addition, reduced production in Europe may reduce the surplus available for export, which will focus on meeting domestic demand.

Factors affecting forecasts

The analysis of market forecasts for sugar in 2024 takes into account several key factors affecting its production, costs and prices. The war in Ukraine represents a significant element of uncertainty that could significantly affect the country’s production and export capacity. Energy prices, which have risen in the first half of 2024, directly affect the cost of processing sugar beets and, consequently, the final price of sugar. In addition, changing weather conditions can affect the quality and quantity of the harvest, introducing another layer of unpredictability. Demand for sugar is affected by both the stability of demand from the food industry and changes in consumer preferences and the development of alternative substitutes. All these elements together shape a complex picture of the sugar market in the coming months.

  • The course of the war in Ukraine

The war in Ukraine is a major factor in uncertainty in the sugar market. Further developments could significantly affect the country’s sugar production and exports. If the war is prolonged, production and logistics disruptions could worsen, keeping pressure on high prices. In turn, a quick end to the conflict could help stabilize and rebuild Ukraine’s production capacity, boosting sugar exports.

  • Energy prices

Energy prices are a key factor affecting the cost of sugar production. The increase in energy prices, observed in the first half of 2024, raised the cost of processing sugar beets, which translated into higher sugar prices. If energy prices remain high, production costs could rise further, sustaining high sugar prices. Conversely, a drop in energy prices could bring relief to producers and consumers.

  • Weather conditions

Weather conditions have a direct impact on the size and quality of the sugar beet harvest. Adverse conditions such as drought, excessive rainfall or low temperatures can lead to reduced yields, which reduces sugar supply and raises prices. Weather forecasts point to volatile conditions in the second half of 2024, adding to the uncertainty of the harvest.

  • Demand for sugar

Demand for sugar remains stable, with a possible slight increase from the food and beverage industry. The increase in demand could put additional pressure on prices, especially if supply is limited. Changes in consumer preferences, health trends and the development of sugar substitutes can also affect demand dynamics.


Forecasts for the second half of 2024 indicate a continuation of high sugar prices in Poland and Europe, with possible reductions if the production situation in Europe and Ukraine improves. Sugar imports may increase to meet growing demand, while exports may decline in the face of market uncertainties. Key factors such as the course of the war in Ukraine, energy prices, weather conditions and sugar demand will continue to determine the market’s formation in the coming months. Monitoring these variables is key to understanding and predicting future trends in the sugar market.

Information about the company MBF Group SA

MBF Group SA is a leading company specializing in sugar trading and importing, supplying high-quality sugar products to the Polish and European markets. With years of experience and an extensive network of international contacts, MBF Group SA ensures a stable supply of sugar, even in the face of volatile market conditions.

Our services include:

  • Sugar Imports: From a wide range of sources, including Ukraine, which allows us to respond flexibly to market needs.
  • Retail and wholesale: supplying sugar to a variety of customers, from large food corporations to smaller businesses.
  • Quality Assurance: Guarantee that all our products meet the highest standards of quality and safety.

Why MBF Group SA?

  • Reliability: Consistent and timely deliveries, even in difficult market conditions.
  • Competitiveness: Att ractive prices through efficient logistics and resource management.
  • Experience: Long-standing presence in the market and deep knowledge of the sugar industry.

We invite you to cooperate with us and join the ranks of our satisfied customers. MBF Group SA – your trusted partner in the sugar trade.