South-Eastern Asia: Sugar Crop Market 2020

Sugar Crop Market Size in South-Eastern Asia

The revenue of the sugar crop market in South-Eastern Asia amounted to $-X in 2017, reducing 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 sugar crop consumption continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2009, with an increase of X% year-to-year. The level of sugar crop consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Sugar Crop Exports in South-Eastern Asia

The exports totaled X tonnes in 2017, falling by -X% against the previous year. The sugar crop exports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2014, when it surged by -X% against the previous year. The volume of exports peaked of X tonnes in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, sugar crop exports totaled $X in 2017. The total export value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern remained consistent, with only minor fluctuations being recorded over the period under review. Over the period under review, the sugar crop exports reached its maximum level of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Sugar Crop Exports by Country in South-Eastern Asia

Indonesia dominates sugar crop exports structure, accounting for X tonnes, which was near X% of total exports in 2017. Vietnam (X tonnes), Thailand (X tonnes), Malaysia (X tonnes) and Myanmar (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to sugar crop exports from Indonesia stood at -X%. At the same time, Vietnam (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Malaysia experienced a relatively flat trend pattern. By contrast, Thailand (-X%) and Myanmar (-X%) illustrated a downward trend over the same period. Indonesia (X%) and Myanmar (X%) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Indonesia ($X) remains the largest sugar crop supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by Vietnam, with a X% share.

In Indonesia, sugar crop exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and Vietnam (+X% per year).

Sugar Crop Export Prices by Country in South-Eastern Asia

The sugar crop export price in South-Eastern Asia stood at $X per tonne in 2017, picking up by X% against the previous year. The sugar crop export price continues to indicate a prominent increase. The growth pace was the most rapid in 2013, an increase of X% year-to-year. The level of export price peaked in 2017, and is likely to see steady growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Malaysia ($X per tonne), while Indonesia ($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 Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Sugar Crop Imports in South-Eastern Asia

In 2017, the amount of sugar crops imported in South-Eastern Asia amounted to X tonnes, surging by X% against the previous year. The sugar crop imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. The volume of imports peaked of X tonnes in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, sugar crop imports stood at $X in 2017. The sugar crop imports continue to indicate a modest growth. Over the period under review, the sugar crop imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Sugar Crop Imports by Country in South-Eastern Asia

Thailand was the main importing country with an import of around X tonnes, which accounted for X% of total imports. The Philippines (X tonnes) ranks second in terms of the global imports with a X% share, followed by Vietnam (X%). Indonesia (X tonnes), Malaysia (X tonnes) and Singapore (X tonnes) followed a long way behind the leaders.

Imports into Thailand increased at an average annual rate of +X% from 2007 to 2017. At the same time, Indonesia (+X%), Malaysia (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Indonesia emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, the Philippines (-X%) and Vietnam (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the Philippines and Vietnam increased by X% and X% percentage points, while Malaysia (-X%), Indonesia (-X%) and Thailand (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) constitutes the largest market for imported sugar crops in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Vietnam ($X), with a X% share of global imports. It was followed by the Philippines, with a X% share.

In Thailand, sugar crop imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Vietnam (-X% per year) and the Philippines (-X% per year).

Sugar Crop Import Prices by Country in South-Eastern Asia

In 2017, the sugar crop import price in South-Eastern Asia amounted to $X per tonne, reducing by -X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2015, when the import prices increased by X% y-o-y. In that year, the import prices for sugar crops attained their peak level of $X per tonne. From 2016 to 2017, growth of the import prices for sugar crops stood at a somewhat lower level.

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

Source: IndexBox Platform