EU Sugar Market
EFFAT – CEFS
Luis Carazo Jimenez
Deputy Head of Unit – DG AGRI/C/5
Brussels, 28 February 2011
PRODUCTION - Development of quotas - tonnes
Start of reform*
Additional
Renounced
After restructuring
As % of start
Sugar
17 554 453
1 012 620
5 230 331
13 336 742
76%
Isoglucose
586 736
326 021
222 316
690 441
118%
Inulin
320 717
320 717
0
0%
Total
18 461 906
1 338 641
5 773 364
14 027 183
76%
* including Bulgaria, Romania
28 February 2011
EFFAT - CEFS - Brussels
2
PRODUCTION - Quota renounced tonnes
Sugar
Isoglucose
Inulin
Total
28 February 2011
2006/07
1 148 896
0
320 717
1 469 613
2007/08
676 103
32 664
0
708 767
2008/09
3 273 226
60 569
0
3 333 795
EFFAT - CEFS - Brussels
2009/10
132 106
129 084
0
261 190
Total
5 230 331
222 316
320 717
5 773 364
3
Beet sugar – rate of coverage
28 February 2011
EFFAT - CEFS - Brussels
4
Evolution of areas & yield
2500
12,00
10,00
2000
8,00
6,00
ton / ha
'000 ha
1500
1000
4,00
500
2,00
0
0,00
2001/2002
2002/2003
2003/2004
2004/2005
2005/2006
area's
28 February 2011
2006/2007
2007/2008
2008/2009
2009/2010
2010/2011
(forecast)
yield
EFFAT - CEFS - Brussels
5
EU Sugar Trade
North Africa
10
EXPORTS
North East
Africa
Asia
8
Balkans
CIS
6
Others (RoW)
Mercosur
ACP
Million Tonnes
4
Mercosur
Balkans
2
Asia
CIS
ACP
-
North Africa
North East
Africa
Others (RoW)
-2
Balance
-4
IMPORTS
-6
2000/01
2001/02
28 February 2011
2002/03
2003/04
2004/05
2005/06
2006/07
EFFAT - CEFS - Brussels
2007/08
2008/09
6
J
ep ul y
20
te
m
b e 06
N
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r
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06
be
r2
Ja
00
nu
6
ar
y
20
M
07
ar
ch
20
0
M
ay 7
20
07
J
S
e p ul y
20
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m
07
be
N
ov
r2
em
0
b e 07
r2
Ja
00
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7
ar
y
2
M
00
ar
8
ch
20
08
M
ay
20
08
Ju
S
ep
ly
20
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m
be 08
N
ov
r
em 20
08
be
r
Ja
20
nu
08
ar
y
2
M
00
ar
9
ch
20
0
M
ay 9
20
09
Ju
S
ep
ly
2
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0
m
b e 09
N
ov
r
e m 20
09
be
r
Ja
20
nu
09
ar
y
2
M
ar 010
ch
20
1
M
ay 0
20
10
Ju
S
ep
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10
be
N
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r
20
10
S
Sugar market prices
800
750
700
28 February 2011
632 €/t
650
600
June 2010
:478 €/t
550
542 €/t
500
450
400
404 €/t
350
300
250
200
150
registered p rice
reference pric e
London N °5 $/t
EFFAT - CEFS - Brussels
London N °5 EU R/t
7
EU quota sugar (2010/2011)
Sugar consumption :
16.5 Million tonnes
Net export NAI products:
0.5 Million tonnes
Export quota sugar :
0.1 Million tonnes
Quota sugar production :
13.8 Million tonnes
Sugar Import need :
3.3 Million tonnes
28 February 2011
EFFAT - CEFS - Brussels
8
EU Sugar imports forecasts
(2010/2011)
CXL – TRQ quota:
0.65 Million tonnes
Balkans:
0.35 Million tonnes
Forecast ACP/LDC:
1.50 Million tonnes
TOTAL preferential imports: 2.50 Million tonnes
28 February 2011
EFFAT - CEFS - Brussels
9
2008/09 – 2010/11 EU sugar balances
BALANCE SHEET
AGRI C5
January 2011
FINAL 2008/09 - 2009/2010
ESTIMATION 2010/2011
SUGAR AND ISOGLUCOSE
Final
x 1000 tonnes
Beginning stocks
1 1 private
1 2 intervention
Production
Imports
3 1 - as such
3 2 - in processed products
Final
2008 / 09 (oct - sept)
EU 27
out of quota
quota
2.189
quota
0
1.843
1.870
319
13.906
3.432
Estimation
2009 / 10 (oct-sept)
EU 27
out of quota
AVAILABILITIES
0
2.909
13.956
179
2.996
4.642
13.774
8
3.000
2.499
497
3.088
18.795
4.650
Consumption
16.500
1.947
16.500
OUTLETS
1.974
Ending stocks
7 1- private
7 2 - intervention
1.843
TOTAL OUTLETS
8 =5+6+ 7 = 4
28 February 2011
indust.
bioeth.
728
646
1.328
1.118
254
928
413 carry forward
19.526
3.204
16.500
1.950
indust.
bioeth.
2.115
1.177
650
1.300
1.100
18.795
indust.
bioeth.
700
100
1.000
561 carry forward
352
1.177
0
3.088
20
17.952
100
1.018
1.808
35
3.184
2.500
500
19.526
710
1.237
0
1.177
0
TOTAL AVAILABLE
4=1+2+3
1.183
1.177
1.808
35
2.885
547
Exports*
6 1 - as such
6 2 in processed products
quota
2010 /11 (oct-sept)
EU 27
out of quota
554
352
0
4.650
EFFAT - CEFS - Brussels
17.952
3.204
10
2010/11 market measures
• Suspension of 98€/t import duty on CXL
imports
• Release of 0.5 mio t of out-of-quota sugar
on the EU (quota) market
• Facilitating imports by the opening of an
exceptional import TRQ at zero duty
28 February 2011
EFFAT - CEFS - Brussels
11
2011/12 market measures
• No preventive withdrawal
• Export limit for out-of-quota sugar set at
650 000 tonnes
• 0.4 mio t zero duty import TRQ for
industrial sugar
28 February 2011
EFFAT - CEFS - Brussels
12
Future Challenges
•
•
•
•
DDA Round
Enlargement
FTA negotiations
2013 CAP reform in particular for
sugar production quotas
28 February 2011
EFFAT - CEFS - Brussels
13