Abstract
2010 started with world sugar prices at an exceptionally high level. Until May 2010, prices decreased significantly, but began to rise again. By the end of December, they reached a 30-year high. Also the white sugar premium temporarily reached a record high in 2010. In the EU, preferential imports fell short of expectations due to high world market prices and the domestic price remained about 20% above the reference price. The sugarbeet yield in 2010 was much lower than in the bumper crop of 2009. Sugar production in the EU in marketing year 2010/11, however, will still be higher than the aggregate production quota. Due to fears of a shortage on the domestic market, no final decision has been taken to ease restrictions on exports of out-of-quota sugar. Key words: sugar market, EU, world sugar market, sugar production, sugar consumption
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