The market is dominated by domestic suppliers, as imports account for 14.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 74.9% of total demand in 2022. The UK has the largest market size for sugar regionally, with demand reaching USD5.6 billion in 2022. British Sugar Plc is the largest company in the UK, generating 21.9% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 42.0% of total production value in 2022. The total number of companies increases in 2022, to 274 units. The costs of the industry decrease by 2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 2.5% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 2.5% of total production output. With production value of USD3.7 billion, the UK accounts for 20.6% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Sugar in the United Kingdom: ISIC 1542. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sugar in the United Kingdom: ISIC 1542 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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