Eastern Asia: Sugar Crop Market 2020

Sugar Crop Market Size in Eastern Asia

The revenue of the sugar crop market in Eastern Asia amounted to $-X in 2017, coming down 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). The market value increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. The level of sugar crop consumption peaked of $-X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Sugar Crop Exports in Eastern Asia

In 2017, the amount of sugar crops exported in Eastern Asia stood at X tonnes, rising by X% against the previous year. The sugar crop exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when exports increased by X% year-to-year. Over the period under review, the sugar crop exports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, sugar crop exports amounted to $X in 2017. The total exports indicated a prominent increase 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 sugar crop exports decreased by -X% against 2015 indices. Over the period under review, the sugar crop exports attained its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Sugar Crop Exports by Country in Eastern Asia

China (X tonnes) represented roughly X% of total exports of sugar crops in 2017.

China experienced a relatively flat trend pattern of sugar crops exports. While the share of China (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest sugar crop supplier in Eastern Asia.

In China, sugar crop exports increased at an average annual rate of +X% over the period from 2007-2017.

Sugar Crop Export Prices by Country in Eastern Asia

The sugar crop export price in Eastern Asia stood at $X per tonne in 2017, reducing by -X% against the previous year. The sugar crop export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2010, when the export prices increased by X% year-to-year. The level of export price peaked of $X per tonne in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for China.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China (+X% per year).

Sugar Crop Imports in Eastern Asia

In 2017, the amount of sugar crops imported in Eastern Asia totaled X tonnes, jumping 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 observed in certain years. The pace of growth was the most pronounced in 2010, with an increase of X% against the previous year. In that year, the sugar crop imports attained their peak volume of X tonnes. From 2011 to 2017, growth of the sugar crop imports stood at a somewhat lower level.

In value terms, sugar crop imports amounted to $X in 2017. The sugar crop imports continue to indicate a remarkable increase. Over the period under review, the sugar crop imports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Sugar Crop Imports by Country in Eastern Asia

The imports of the four major importers of sugar crops, namely Japan, China, Taiwan, Chinese and South Korea, represented more than two-thirds of total import. It was distantly followed by China, Hong Kong SAR (X tonnes), achieving X% 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 South Korea (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), South Korea ($X) and Taiwan, Chinese ($X) constituted the countries with the highest levels of imports in 2017, together accounting for X% of total imports.

South Korea (+X% per year) recorded the highest growth rate of imports, in terms of the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Sugar Crop Import Prices by Country in Eastern Asia

The sugar crop import price in Eastern Asia stood at $X per tonne in 2017, growing by X% against the previous year. The import price indicated a prominent 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 sugar crop import price increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2011, an increase of X% year-to-year. Over the period under review, the import prices for sugar crops reached its maximum level in 2017, and is likely to see steady growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Japan ($X per tonne), while China ($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 China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform