Latin America and the Caribbean: Sugar Crop Market 2020

Sugar Crop Market Size in Latin America and the Caribbean

The revenue of the sugar crop market in Latin America and the Caribbean amounted to $X in 2017, lowering by -X% against the previous year. The sugar crop consumption continues to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2011, when market value increased by X% year-to-year. The level of sugar crop consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Sugar Crop Production in Latin America and the Caribbean

In 2017, the amount of sugar crops produced in Latin America and the Caribbean totaled X tonnes, rising by X% against the previous year. The sugar crop production continues to indicate a deep deduction. The pace of growth appeared the most rapid in 2008, when it surged by X% year-to-year. In that year, the sugar crop production attained their peak volume of X tonnes. From 2009 to 2017, growth of the sugar crop production stood at a somewhat lower level.

The countries with the highest volumes of sugar crop production in 2017 were Guatemala (X tonnes), Paraguay (X tonnes) and the Dominican Republic (X tonnes), with a combined X% share of total production.

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

Sugar Crop Exports in Latin America and the Caribbean

In 2017, sugar crop exports in Latin America and the Caribbean amounted to X tonnes, jumping by X% against the previous year. The sugar crop exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the sugar crop exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, sugar crop exports stood at $X in 2017. The sugar crop exports continue to indicate a prominent expansion. In that year, the sugar crop exports attained their peak level, and are likely to continue its growth in the immediate term.

Sugar Crop Exports by Country in Latin America and the Caribbean

In 2017, Chile (X tonnes) and Peru (X tonnes) were the major exporters of sugar crops in the globe, together achieving X% of total exports. Paraguay (X tonnes) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Argentina (X%). The following exporters - Ecuador (X tonnes), Brazil (X tonnes) and Guatemala (X tonnes) together made up X% of total exports.

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

In value terms, Peru ($X) emerged as the largest sugar crop supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Chile ($X), with a X% share of global exports. It was followed by Argentina, with a X% share.

In Peru, sugar crop exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Chile (+X% per year) and Argentina (+X% per year).

Sugar Crop Export Prices by Country in Latin America and the Caribbean

In 2017, the sugar crop export price in Latin America and the Caribbean amounted to $X per tonne, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the export prices for sugar crops reached their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Brazil ($X per tonne), while Chile ($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 (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Crop Imports in Latin America and the Caribbean

In 2017, the amount of sugar crops imported in Latin America and the Caribbean totaled X tonnes, coming down by -X% against the previous year. The sugar crop imports continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. In that year, the sugar crop imports attained their peak volume of X tonnes. From 2012 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 slight decline. In that year, the sugar crop imports reached their peak level of $X. From 2012 to 2017, growth of the sugar crop imports stood at a somewhat lower level.

Sugar Crop Imports by Country in Latin America and the Caribbean

In 2017, Mexico (X tonnes) and Brazil (X tonnes) were the major importers of sugar crops in the globe, together mixed up X% of total imports. It was distantly followed by Argentina (X tonnes), achieving X% share of total imports. Chile (X tonnes), Guatemala (X tonnes), Peru (X tonnes), Uruguay (X tonnes), Grenada (X tonnes) and El Salvador (X tonnes) followed a long way behind the leaders.

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

In value terms, Argentina ($X), Brazil ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2017, with a combined X% share of total imports. These countries were followed by Chile, Uruguay, Peru, Guatemala, Grenada and El Salvador, which together accounted for a further X%.

Grenada (+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.

Sugar Crop Import Prices by Country in Latin America and the Caribbean

The sugar crop import price in Latin America and the Caribbean stood at $X per tonne in 2017, rising by X% against the previous year. The import price indicated a remarkable 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 2011 indices. The pace of growth was the most pronounced in 2012, an increase of X% y-o-y. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was Argentina ($X per tonne), while El Salvador ($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 Uruguay (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform