Africa: Raw Cane Sugar Market 2020

Raw Cane Sugar Market Size in Africa

The revenue of the raw cane sugar market in Africa amounted to $X in 2017, going down by -X% against the previous year. The raw cane sugar consumption continues to indicate a perceptible descent. The pace of growth appeared the most rapid in 2016, when market value increased by X% y-o-y. Over the period under review, the raw cane sugar market reached its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Production in Africa

In 2017, raw cane sugar production in Africa amounted to X tons, stabilizing at the previous year. The raw cane sugar production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when it surged by X% y-o-y. The volume of raw cane sugar production peaked of X tons in 2016, leveling off in the following year.

Raw Cane Sugar Exports in Africa

The exports amounted to X tons in 2017, jumping by X% against the previous year. The raw cane sugar exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when exports increased by X% year-to-year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, raw cane sugar exports stood at $X in 2017. The raw cane sugar exports continue to indicate a drastic decrease. Over the period under review, the raw cane sugar exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Raw Cane Sugar Exports by Country in Africa

South Africa represented the main exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Zambia (X tons), Sudan (X tons), Mauritius (X tons), Zimbabwe (X tons) and Malawi (X tons), together comprising X% share of total exports. Benin (X tons) took the mild share of total exports.

Exports from South Africa increased at an average annual rate of +X% from 2007 to 2017. At the same time, Sudan (+X%), Mauritius (+X%) and Zambia (+X%) displayed positive paces of growth. Moreover, Sudan emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Benin (-X%), Zimbabwe (-X%) and Malawi (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Zimbabwe and Malawi increased by X% and X% percentage points, while Zambia (-X%), Mauritius (-X%), Sudan (-X%) and South Africa (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest raw cane sugar markets worldwide were South Africa ($X), Zambia ($X) and Mauritius ($X), with a combined X% share of total exports. Sudan, Zimbabwe, Malawi and Benin lagged somewhat behind, together accounting for a further X%.

Benin (+X% per year) recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last decade, while the other leaders experienced mixed trends in the exports figures.

Raw Cane Sugar Export Prices by Country in Africa

The raw cane sugar export price in Africa stood at $X per ton in 2017, waning by -X% against the previous year. The raw cane sugar export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2013, when the export prices increased by -X% against the previous year. The level of export price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Malawi ($X per ton), while South Africa ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Benin (+X% per year), while the other leaders experienced a decline in the export price figures.

Raw Cane Sugar Imports in Africa

The imports totaled X tons in 2017, increasing by X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2016, when imports increased by X% against the previous year. Over the period under review, the raw cane sugar imports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, raw cane sugar imports totaled $X in 2017. The raw cane sugar imports continue to indicate a mild descent. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Imports by Country in Africa

In 2017, Algeria (X tons), distantly followed by Nigeria (X tons), Morocco (X tons) and South Africa (X tons) were the main importers of raw cane and beet sugar in solid form, together generating X% of total imports. Ghana (X tons), Kenya (X tons) and Tunisia (X tons) took the weak share of total imports.

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

In value terms, Algeria ($X), Nigeria ($X) and Morocco ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. South Africa, Ghana, Kenya and Tunisia lagged somewhat behind, together comprising a further X%.

Kenya (+X% per year) experienced the highest rates of growth with regard to imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Raw Cane Sugar Import Prices by Country in Africa

In 2017, the raw cane sugar import price in Africa amounted to $X per ton, standing approx. at the previous year. The raw cane sugar import price continues to indicate a pronounced decrease. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the import prices for raw cane and beet sugar in solid form reached its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Africa ($X per ton), while Morocco ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Nigeria (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform