Report Latin America and the Caribbean - Sugar - Market Analysis, Forecast, Size, Trends and Insights for 499$
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Latin America and the Caribbean - Sugar - Market Analysis, Forecast, Size, Trends and Insights
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Latin America and the Caribbean: Sugar Market 2022

Production By Country in Latin America and the Caribbean

Brazil (X tonnes) constituted the country with the largest volume of sugar production, accounting for X% of total volume. Moreover, sugar production in Brazil exceeded the figures recorded by the second-largest producer, Mexico (X tonnes), fourfold. The third position in this ranking was occupied by Guatemala (X tonnes), with a X% share.

In Brazil, sugar production remained relatively stable over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Mexico (+X% per year) and Guatemala (+X% per year).

Sugar Exports

Exports in Latin America and the Caribbean

In 2020, shipments abroad of sugar was finally on the rise to reach X tonnes after two years of decline. Overall, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, sugar exports surged to $X in 2020. Over the period under review, exports enjoyed a temperate increase. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Brazil dominates sugar exports structure, accounting for X tonnes, which was approx. X% of total exports in 2020. The following exporters - Guatemala (X tonnes), Mexico (X tonnes), Cuba (X tonnes) and El Salvador (X tonnes) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to sugar exports from Brazil stood at +X%. At the same time, El Salvador (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, El Salvador emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of +X% from 2007-2020. By contrast, Cuba (-X%) and Guatemala (-X%) illustrated a downward trend over the same period. percentage points. Cuba (-X p.p.) and Guatemala (-X p.p.) saw their shares reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest sugar supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of total exports. It was followed by Guatemala, with a X% share.

From 2007 to 2020, the average annual growth rate of value in Brazil stood at +X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Guatemala (-X% per year).

Export Prices by Country

In 2020, the sugar export price in Latin America and the Caribbean amounted to $X per tonne, shrinking by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. The level of export peaked at $X per tonne in 2011; however, from 2012 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Mexico ($X per tonne), while Brazil ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the other leaders experienced more modest paces of growth.

Sugar Imports

Imports in Latin America and the Caribbean

In 2020, the amount of sugar imported in Latin America and the Caribbean contracted sharply to X tonnes, with a decrease of -X% against 2019 figures. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, imports attained the maximum at X tonnes in 2012; however, from 2013 to 2020, imports remained at a lower figure.

In value terms, sugar imports declined markedly to $X in 2020. Overall, imports showed a abrupt descent. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. The level of import peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain momentum.

Imports by Country

Peru was the main importer of sugar in Latin America and the Caribbean, with the volume of imports resulting at X tonnes, which was near X% of total imports in 2020. It was distantly followed by Chile (X tonnes), Uruguay (X tonnes) and Trinidad and Tobago (X tonnes), together constituting a X% share of total imports. The following importers - the Dominican Republic (X tonnes), Colombia (X tonnes) and Saint Lucia (X tonnes) - each reached a X% share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Colombia (+X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Peru ($X), Chile ($X) and Trinidad and Tobago ($X) appeared to be the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by Uruguay, Saint Lucia, the Dominican Republic and Colombia, which together accounted for a further X, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The sugar import price in Latin America and the Caribbean stood at $X per tonne in 2020, rising by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 an increase of X% against the previous year. The level of import peaked at $X per tonne in 2011; however, from 2012 to 2020, import prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Saint Lucia ($X per tonne), while Chile ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saint Lucia (+X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Base Year Historical Period Forecast Period Units
2021 2007-2021 2022-2030 US$, Tonnes

Frequently Asked Questions (FAQ) :

What are the largest markets for sugar in LatAmerica and the Caribbean?
+
Mexico constituted the country with the largest volume of sugar consumption, comprising approx. 32% of total volume. Moreover, sugar consumption in Mexico exceeded the figures recorded by the second-largest consumer, Guatemala, threefold. The third position in this ranking was occupied by Colombia, with a 10% share.
What are the largest producers of sugar in LatAmerica and the Caribbean?
+
Brazil remains the largest sugar producing country in Latin America and the Caribbean, accounting for 56% of total volume. Moreover, sugar production in Brazil exceeded the figures recorded by the second-largest producer, Mexico, fourfold. The third position in this ranking was occupied by Guatemala, with a 6.1% share.
What are the leading suppliers of sugar in LatAmerica and the Caribbean?
+
In value terms, Brazil remains the largest sugar supplier in Latin America and the Caribbean, comprising 81% of total exports. The second position in the ranking was occupied by Mexico, with a 4.4% share of total exports. It was followed by Guatemala, with a 2.9% share.
What are the leading importers of sugar in LatAmerica and the Caribbean?
+
In value terms, Peru, Chile and Trinidad and Tobago appeared to be the countries with the highest levels of imports in 2020, with a combined 75% share of total imports. Uruguay, Saint Lucia, the Dominican Republic and Colombia lagged somewhat behind, together comprising a further 18%.
What is the average export price for sugar in LatAmerica and the Caribbean?
+
The sugar export price in Latin America and the Caribbean stood at $297 per tonne in 2020, with a decrease of -26.4% against the previous year.
What is the average import price for sugar in LatAmerica and the Caribbean?
+
In 2020, the sugar import price in Latin America and the Caribbean amounted to $387 per tonne, surging by 8.8% against the previous year.

This report provides an in-depth analysis of the sugar market in Latin America and the Caribbean. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Product coverage:
• FCL 162 - Sugar, Raw Centrifugal
• FCL 163 -
Country coverage:
• Anguilla
• Antigua and Barbuda
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• British Virgin Islands
• Cayman Islands
• Costa Rica
• Curacao
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Saint Kitts and Nevis
• Saint Lucia
• Saint Maarten (Dutch part)
• Saint Vincent and the Grenadines
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Latin America and the Caribbean, split by region and country
• Trade (exports and imports) in Latin America and the Caribbean
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
7.3
HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2021
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2021
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Anguilla
• Antigua and Barbuda
• Argentina
• Aruba
• Bahamas
• Barbados
• Belize
• Bolivia
• Brazil
• British Virgin Islands
• Cayman Islands
• Chile
• Colombia
• Costa Rica
• Cuba
• Curacao
• Dominica
• Dominican Republic
• Ecuador
• El Salvador
• Falkland Islands (Malvinas)
• French Guiana
• Grenada
• Guadeloupe
• Guatemala
• Guyana
• Haiti
• Honduras
• Jamaica
• Martinique
• Mexico
• Montserrat
• Nicaragua
• Panama
• Paraguay
• Peru
• Saint Kitts and Nevis
• Saint Lucia
• Saint Vincent and the Grenadines
• Saint Maarten (Dutch part)
• Suriname
• Trinidad and Tobago
• Turks and Caicos Islands
• United States Virgin Islands
• Uruguay
• Venezuela
• Puerto Rico
LIST OF TABLES
Table 1:
Key Findings In 2021
Table 2:
Market Volume, In Physical Terms, 2007–2021
Table 3:
Market Value, 2007–2021
Table 4:
Per Capita Consumption, By Country, 2015–2021
Table 5:
Production, In Physical Terms, By Country, 2007–2021
Table 6:
Harvested Area, By Country, 2007–2021
Table 7:
Yield, By Country, 2007–2021
Table 8:
Imports, In Physical Terms, By Country, 2007–2021
Table 9:
Imports, In Value Terms, By Country, 2007–2021
Table 10:
Import Prices, By Country Of Destination, 2007–2021
Table 11:
Exports, In Physical Terms, By Country, 2007–2021
Table 12:
Exports, In Value Terms, By Country, 2007–2021
Table 13:
Export Prices, By Country Of Origin, 2007–2021
Table 14:
Producer Prices, By Major Producing Country, 2021
Table 15:
Producer Prices Index - Annual Data (2004-2006=100), By Major Producing Country
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2021
Figure 2:
Market Value, 2007–2021
Figure 3:
Consumption, By Country, 2021
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Yield And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2007–2021
Figure 18:
Production, In Value Terms, 2007–2021
Figure 19:
Area Harvested, 2007–2021
Figure 20:
Yield, 2007–2021
Figure 21:
Production, By Country, 2021
Figure 22:
Production, In Physical Terms, By Country, 2007–2021
Figure 23:
Harvested Area, By Country, 2021
Figure 24:
Harvested Area, By Country, 2007–2021
Figure 25:
Yield, By Country, 2007–2021
Figure 26:
Imports, In Physical Terms, 2007–2021
Figure 27:
Imports, In Value Terms, 2007–2021
Figure 28:
Imports, In Physical Terms, By Country, 2021
Figure 29:
Imports, In Physical Terms, By Country, 2007–2021
Figure 30:
Imports, In Value Terms, By Country, 2007–2021
Figure 31:
Import Prices, By Country, 2007–2021
Figure 32:
Exports, In Physical Terms, 2007–2021
Figure 33:
Exports, In Value Terms, 2007–2021
Figure 34:
Exports, In Physical Terms, By Country, 2021
Figure 35:
Exports, In Physical Terms, By Country, 2007–2021
Figure 36:
Exports, In Value Terms, By Country, 2007–2021
Figure 37:
Export Prices, 2007–2021
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