Asia: Raw Cane Sugar Market 2020

Raw Cane Sugar Market Size in Asia

The revenue of the raw cane sugar market in Asia amounted to $X in 2017, remaining relatively unchanged against the previous year. The raw cane sugar consumption continues to indicate a deep setback. The pace of growth was the most pronounced in 2016, with an increase of X% year-to-year. Over the period under review, the raw cane sugar market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Raw Cane Sugar Production in Asia

In 2017, approx. X tons of raw cane and beet sugar in solid form were produced in Asia; approximately mirroring 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 2010, when the output figure increased by X% year-to-year. Over the period under review, the raw cane sugar production attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Exports in Asia

In 2017, the amount of raw cane and beet sugar in solid form exported in Asia stood at X tons, growing by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The growth pace was the most rapid in 2014, when exports increased by X% y-o-y. Over the period under review, the raw cane sugar exports attained its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, raw cane sugar exports totaled $X in 2017. The raw cane sugar exports continue to indicate a mild reduction. The level of exports peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Exports by Country in Asia

Thailand dominates raw cane sugar exports structure, amounting to X tons, which was near X% of total exports in 2017. The Philippines (X tons), India (X tons) and the United Arab Emirates (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to raw cane sugar exports from Thailand stood at +X%. At the same time, the United Arab Emirates (+X%), India (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing exporter in Asia, with a CAGR of +X% from 2007-2017. From 2007 to 2017, the share of Thailand decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest raw cane sugar supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by India, with a X% share.

In Thailand, raw cane sugar exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: the Philippines (-X% per year) and India (-X% per year).

Raw Cane Sugar Export Prices by Country in Asia

In 2017, the raw cane sugar export price in Asia amounted to $X per ton, therefore, remained relatively stable against the previous year. The raw cane sugar export price continues to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% year-to-year. Over the period under review, the export prices for raw cane and beet sugar in solid form reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Philippines ($X per ton), while Thailand ($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 the United Arab Emirates (-X% per year), while the other leaders experienced a decline in the export price figures.

Raw Cane Sugar Imports in Asia

In 2017, imports of raw cane and beet sugar in solid form in Asia totaled X tons, remaining stable against the previous year. The raw cane sugar imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Over the period under review, the raw cane sugar imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, raw cane sugar imports totaled $X in 2017. The raw cane sugar imports continue to indicate a temperate reduction. Over the period under review, the raw cane sugar imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Imports by Country in Asia

Indonesia (X tons), the United Arab Emirates (X tons), India (X tons), Malaysia (X tons), China (X tons), South Korea (X tons), Bangladesh (X tons), Japan (X tons) and Saudi Arabia (X tons) represented roughly X% of total imports of raw cane and beet sugar in solid form in 2017.

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

In value terms, Indonesia ($X), the United Arab Emirates ($X) and Malaysia ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports. These countries were followed by Bangladesh, India, China, South Korea, Japan and Saudi Arabia, which together accounted for a further X%.

Bangladesh (+X% per year) experienced the highest rates of growth with regard to imports, among 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 Asia

In 2017, the raw cane sugar import price in Asia amounted to $X per ton, increasing by X% against the previous year. The raw cane sugar import price continues to indicate a mild drop. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Over the period under review, the import prices for raw cane and beet sugar in solid form reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in Bangladesh ($X per ton) and Indonesia ($X per ton), while India ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform