Global Sugar Market 2019 | Rogers Sugar Inc., Mitsui Sugar Co. Ltd., Lam Son Sugar JSC

IndexBox has just published a new report, the World - Sugar - Market Analysis, Forecast, Size, Trends and Insights. Here is a summary of the report's key findings.

The global sugar market revenue amounted to $X in 2017, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, the total market indicated a noticeable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the sugar consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011, when the market value increased by X% y-o-y. In that year, the global sugar market reached its peak level of $X. From 2012 to 2017, the growth of the global sugar market failed to regain its momentum.

Production 2007-2017

In 2017, the global production of sugar amounted to X tonnes, picking up by X% against the previous year. The total output volume increased at an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period.

Exports 2007-2017

In 2017, the global exports of sugar totaled X tonnes, coming down by -X% against the previous year. Overall, the total exports indicated a prominent expansion from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the sugar exports increased by +X% against 2015 indices.

In value terms, sugar exports totaled $X (IndexBox estimates) in 2017.

Exports by Country

Brazil prevails in sugar exports structure, finishing at X tonnes, which was approx. X% of total exports in 2017. Australia (X tonnes) ranks second in terms of the global exports with a X% share, followed by Thailand (X%). Cuba (X tonnes), Mexico (X tonnes) and Guatemala (X tonnes) followed a long way behind the leaders.

Exports from Brazil increased at an average annual rate of +X% from 2007 to 2017. At the same time, Mexico (+X%), Australia (+X%), Cuba (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, Guatemala (-X%) illustrated a downward trend over the same period. Guatemala (X%) significantly strengthened its position in terms of the global exports, while Thailand, Australia and Brazil saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest sugar supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Australia ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

Export Prices by Country

In 2017, the average sugar export price amounted to $X per tonne, growing by X% against the previous year. In general, the export price indicated a conspicuous expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the sugar export price increased by +X% against 2015 indices.

Export prices varied noticeably by the country of destination; the country with the highest export price was Guatemala ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Guatemala, while the other global leaders experienced more modest paces of growth.

Imports 2007-2017

In 2017, the global imports of sugar totaled X tonnes, dropping by -X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review.

In value terms, sugar imports stood at $X (IndexBox estimates) in 2017.

Imports by Country

The countries with the highest levels of sugar imports in 2017 were Indonesia (X tonnes), Bangladesh (X tonnes), India (X tonnes), Algeria (X tonnes), Malaysia (X tonnes), Egypt (X tonnes), China (X tonnes), South Korea (X tonnes), the U.S. (X tonnes), Iraq (X tonnes), the United Arab Emirates (X tonnes) and Canada (X tonnes), together resulting at X% of total import.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iraq (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest sugar markets worldwide were Indonesia ($X), the U.S. ($X) and Egypt ($X), together comprising X% of global imports. Bangladesh, India, Algeria, Malaysia, China, South Korea, Iraq, the United Arab Emirates and Canada lagged somewhat behind, together comprising a further X%.

Import Prices by Country

In 2017, the average sugar import price amounted to $X per tonne, increasing by X% against the previous year. In general, the import price indicated a significant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the sugar import price increased by +X% against 2015 indices.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per tonne), while the United Arab Emirates ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Egypt, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform