South-Eastern Asia: Raw Cane Sugar Market 2020

Raw Cane Sugar Market Size in South-Eastern Asia

The revenue of the raw cane sugar market in South-Eastern Asia amounted to $X in 2017, therefore, remained relatively stable against the previous year. The raw cane sugar consumption continues to indicate a temperate descent. The most prominent rate of growth was recorded in 2016, with an increase of X% year-to-year. The level of raw cane sugar consumption peaked of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Production in South-Eastern Asia

In 2017, raw cane sugar production in South-Eastern Asia totaled X tons, remaining constant against the previous year. The raw cane sugar production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, the raw cane sugar production reached its maximum volume in 2017, and is expected to retain its growth in the immediate term.

Raw Cane Sugar Exports in South-Eastern Asia

The exports amounted to X tons in 2017, rising by X% against the previous year. The total export volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. Over the period under review, the raw cane sugar exports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, raw cane sugar exports totaled $X in 2017. The raw cane sugar exports continue to indicate a slight reduction. Over the period under review, the raw cane sugar exports reached its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Exports by Country in South-Eastern Asia

Thailand prevails in raw cane sugar exports structure, amounting to X tons, which was near X% of total exports in 2017. The Philippines (X tons) held the mild share of total exports.

Thailand was also the fastest growing in terms of the raw cane and beet sugar in solid form exports, with a CAGR of +X% from 2007 to 2017. At the same time, the Philippines (+X%) displayed positive paces of growth. While the share of Thailand (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest raw cane sugar supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports.

In Thailand, raw cane sugar exports remained relatively stable over the period from 2007-2017.

Raw Cane Sugar Export Prices by Country in South-Eastern Asia

In 2017, the raw cane sugar export price in South-Eastern Asia amounted to $X per ton, remaining constant against the previous year. The raw cane sugar export price continues to indicate an abrupt drop. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. Over the period under review, the export prices for raw cane and beet sugar in solid form reached its maximum level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was the Philippines ($X per ton), while Thailand ($X per ton) was amongst the lowest.

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

Raw Cane Sugar Imports in South-Eastern Asia

In 2017, approx. X tons of raw cane and beet sugar in solid form were imported in South-Eastern Asia; lowering by -X% against the previous year. The raw cane sugar imports continue to indicate a remarkable expansion. The growth pace was the most rapid in 2013, when imports increased by X% y-o-y. The volume of imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, raw cane sugar imports amounted to $X in 2017. The total imports indicated a prominent 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 raw cane sugar imports increased by +X% against 2015 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Raw Cane Sugar Imports by Country in South-Eastern Asia

Indonesia was the largest importing country with an import of about X tons, which recorded X% of total imports. It was distantly followed by Malaysia (X tons), generating X% share of total imports. Vietnam (X tons) and Lao People's Democratic Republic (X tons) held the mild share of total imports.

Indonesia was also the fastest growing in terms of the raw cane and beet sugar in solid form imports, with a CAGR of +X% from 2007 to 2017. At the same time, Vietnam (+X%), Lao People's Democratic Republic (+X%) and Malaysia (+X%) displayed positive paces of growth. Vietnam (-X%), Malaysia (-X%) and Indonesia (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) constitutes the largest market for imported raw cane and beet sugar in solid form in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global imports. It was followed by Vietnam, with a X% share.

In Indonesia, raw cane sugar imports expanded at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Vietnam (+X% per year).

Raw Cane Sugar Import Prices by Country in South-Eastern Asia

The raw cane sugar import price in South-Eastern Asia stood at $X per ton in 2017, picking up by X% against the previous year. The raw cane sugar import price continues to indicate a measured contraction. The most prominent rate of growth was recorded in 2017, when it surged by X% year-to-year. Over the period under review, the import prices for raw cane and beet sugar in solid form attained its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Indonesia ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform