Eastern Asia: Refined Cane Sugar Market 2020

Refined Cane Sugar Market Size in Eastern Asia

The revenue of the refined cane sugar market in Eastern Asia amounted to $X in 2017, waning by -X% against the previous year. The refined cane sugar consumption continues to indicate a remarkable growth. The pace of growth appeared the most rapid in 2011, when market value increased by X% year-to-year. The level of refined cane sugar consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Refined Cane Sugar Production in Eastern Asia

In 2017, approx. X tons of refined cane or beet sugar in a solid form (excluding white sugar) were produced in Eastern Asia; leveling off at the previous year. The refined cane sugar production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when the output figure increased by X% year-to-year. The volume of refined cane sugar production peaked in 2017, and is expected to retain its growth in the immediate term.

Refined Cane Sugar Exports in Eastern Asia

In 2017, approx. X tons of refined cane or beet sugar in a solid form (excluding white sugar) were exported in Eastern Asia; jumping by X% against the previous year. The refined cane sugar exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when exports increased by X% year-to-year. Over the period under review, the refined cane sugar exports attained its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, refined cane sugar exports stood at $X in 2017. The total exports indicated a significant expansion from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the refined cane sugar exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Refined Cane Sugar Exports by Country in Eastern Asia

In 2017, South Korea (X tons) was the major exporter for refined cane or beet sugar in a solid form (excluding white sugar), generating X% of total exports. It was distantly followed by China (X tons), comprising X% share of total exports. China, Hong Kong SAR (X tons) followed a long way behind the leaders.

Exports from South Korea decreased at an average annual rate of -X% from 2007 to 2017. At the same time, China (+X%) displayed positive paces of growth. Moreover, China emerged as the fastest growing exporter in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) and China, Hong Kong SAR (X%) increased significantly in terms of the global exports from 2007-2017, the share of China (-X%) displayed negative dynamics.

In value terms, South Korea ($X) remains the largest refined cane sugar supplier in Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Korea totaled +X%. In the other countries, the average annual rates were as follows: China (+X% per year) and China, Hong Kong SAR (+X% per year).

Refined Cane Sugar Export Prices by Country in Eastern Asia

The refined cane sugar export price in Eastern Asia stood at $X per ton in 2017, jumping by X% against the previous year. The export price indicated a pronounced growth 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 throughout the analyzed period. Based on 2017 figures, the refined cane sugar export price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. The level of export price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average export prices varied noticeably amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in China, Hong Kong SAR ($X per ton) and China ($X per ton), while South Korea ($X per ton) and China ($X per ton) were amongst the lowest.

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

Refined Cane Sugar Imports in Eastern Asia

In 2017, refined cane sugar imports in Eastern Asia stood at X tons, dropping by -X% against the previous year. The refined cane sugar imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, when it surged by X% y-o-y. In that year, the refined cane sugar imports reached their peak volume of X tons. From 2016 to 2017, growth of the refined cane sugar imports stood at a somewhat lower level.

In value terms, refined cane sugar imports amounted to $X in 2017. The total imports indicated a strong expansion 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 throughout the analyzed period. Based on 2017 figures, the refined cane sugar imports decreased by -X% against 2015 indices. Over the period under review, the refined cane sugar imports reached its maximum level of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Refined Cane Sugar Imports by Country in Eastern Asia

China was the major importer of refined cane or beet sugar in a solid form (excluding white sugar) in Eastern Asia, with the volume of imports finishing at X tons, which was near X% of total imports in 2017. It was distantly followed by China, Hong Kong SAR (X tons), South Korea (X tons) and Taiwan, Chinese (X tons), together achieving X% share of total imports.

From 2007 to 2017, average annual rates of growth with regard to refined cane sugar imports into China stood at +X%. At the same time, South Korea (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, China, Hong Kong SAR (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of Taiwan, Chinese (X%) and China, Hong Kong SAR (X%) increased significantly in terms of the global imports from 2007-2017, the share of South Korea (-X%) and China (-X%) displayed negative dynamics.

In value terms, China ($X) constitutes the largest market for imported refined cane or beet sugar in a solid form (excluding white sugar) in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, refined cane sugar imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and South Korea (+X% per year).

Refined Cane Sugar Import Prices by Country in Eastern Asia

In 2017, the refined cane sugar import price in Eastern Asia amounted to $X per ton, rising by X% against the previous year. The import price indicated a pronounced growth 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 throughout the analyzed period. Based on 2017 figures, the refined cane sugar import price increased by +X% against 2015 indices. The growth pace was the most rapid in 2010, an increase of X% against the previous year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Average import prices varied noticeably amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in South Korea ($X per ton) and China, Hong Kong SAR ($X per ton), while Taiwan, Chinese ($X per ton) and China ($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 China (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform