Asia-Pacific: Sugar Cane Market 2025

Sugar Cane Market Size in Asia-Pacific

The Asia-Pacific sugar cane market dropped to $X.3B in 2022, approximately mirroring the previous year. The market value 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 level of consumption peaked at $X.9B in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Sugar Cane Production in Asia-Pacific

In value terms, sugar cane production reached $X in 2022 estimated in export price. Over the period under review, production, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X.9B. From 2014 to 2022, production growth remained at a lower figure.

India (X tons) constituted the country with the largest volume of sugar cane production, comprising approx. X% of total volume. Moreover, sugar cane production in India exceeded the figures recorded by the second-largest producer, China (X tons), fourfold. The third position in this ranking was held by Pakistan (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume in India was relatively modest. In the other countries, the average annual rates were as follows: China (X% per year) and Pakistan (X% per year).

In 2022, the average yield of sugar cane in Asia-Pacific reduced to X tons per ha, which is down by X% on the previous year. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the yield increased by X% against the previous year. Over the period under review, the sugar cane yield attained the peak level at X tons per ha in 2019; however, from 2020 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of sugar cane in Asia-Pacific reduced slightly to X ha, approximately mirroring the previous year's figure. In general, the harvested area saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sugar cane production attained the peak figure at X ha in 2014; however, from 2015 to 2022, the harvested area failed to regain momentum.

Sugar Cane Exports

Exports in Asia-Pacific

For the third consecutive year, Asia-Pacific recorded growth in overseas shipments of sugar cane, which increased by X% to X tons in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, sugar cane exports reduced to $X in 2022. In general, exports showed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

Myanmar represented the main exporter of sugar cane in Asia-Pacific, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Lao People's Democratic Republic (X tons), creating a X% share of total exports. Vietnam (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sugar cane exports from Myanmar stood at X%. At the same time, Lao People's Democratic Republic (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. Myanmar (X p.p.) and Lao People's Democratic Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Vietnam and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar cane supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Lao People's Democratic Republic totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced reduction. The most prominent rate of growth was recorded in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Sugar Cane Imports

Imports in Asia-Pacific

In 2022, purchases abroad of sugar cane increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Overall, imports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, sugar cane imports skyrocketed to $X in 2022. In general, imports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of sugar cane imports in 2022 were China (X tons), together accounting for X% of total import.

China was also the fastest-growing in terms of the sugar cane imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported sugar cane in Asia-Pacific.

From 2012 to 2022, the average annual rate of growth in terms of value in China amounted to X%.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 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 China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform

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