Pakistan: Sugar Cane Market 2024

Sugar Cane Market Size in Pakistan

After three years of growth, the Pakistani sugar cane market decreased by X% to $X in 2022. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Sugar Cane Production in Pakistan

In value terms, sugar cane production reduced to $X in 2022 estimated in export price. Overall, production, however, posted prominent growth. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

The average yield of sugar cane in Pakistan contracted to X tons per ha in 2022, with a decrease of X% compared with the previous year. The yield figure increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the average sugar cane yield reached the peak level at X tons per ha in 2021, and then contracted in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of sugar cane production in Pakistan rose slightly to X ha, increasing by X% on the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to sugar cane production reached the maximum at X ha in 2017; afterwards, it flattened through to 2022.

Sugar Cane Exports

Exports from Pakistan

In 2022, exports of sugar cane from Pakistan skyrocketed to X tons, increasing by X% compared with 2021 figures. Overall, exports enjoyed a significant increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar cane exports shrank to $X in 2022. Over the period under review, exports posted strong growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Afghanistan (X tons) was the main destination for sugar cane exports from Pakistan, accounting for a X% share of total exports. It was followed by the United States (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Afghanistan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

In value terms, Afghanistan ($X) remains the key foreign market for sugar cane exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Afghanistan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average sugar cane export price stood at $X per ton in 2022, shrinking by X% against the previous year. Overall, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Afghanistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (X%).

Sugar Cane Imports

Imports into Pakistan

In 2022, purchases abroad of sugar cane decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sugar cane imports totaled $X in 2022. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, South Africa (X tons) was the main supplier of sugar cane to Pakistan, with a approx. X% share of total imports.

From 2019 to 2022, the average annual rate of growth in terms of volume from South Africa stood at X%.

In value terms, South Africa ($X) constituted the largest supplier of sugar cane to Pakistan.

From 2019 to 2022, the average annual rate of growth in terms of value from South Africa amounted to X%.

Import Prices by Country

In 2022, the average sugar cane import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2020 when the average import price decreased by X%. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2019 to 2022, the rate of growth in terms of prices for South Africa amounted to X% per year.

Source: IndexBox Platform

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