Asia: Sugar Cane Market 2025

Sugar Cane Market Size in Asia

The Asian sugar cane market fell slightly to $X in 2022, waning by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sugar Cane Production in Asia

In value terms, sugar cane production rose to $X in 2022 estimated in export price. Overall, production, however, saw mild growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production 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. Pakistan (X tons) ranked third in terms of total production with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in India was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: China (X% per year) and Pakistan (X% per year).

The average sugar cane yield contracted modestly to X tons per ha in 2022, which is down by X% on the previous year's figure. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar cane were harvested in Asia; almost unchanged from 2021. In general, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to sugar cane production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Cane Exports

Exports in Asia

In 2022, exports of sugar cane in Asia surged to X tons, jumping by X% on 2021 figures. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see gradual growth in the immediate term.

In value terms, sugar cane exports dropped to $X in 2022. In general, exports saw a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X%. The level of export peaked at $X in 2021, and then reduced in the following year.

Exports by Country

In 2022, Myanmar (X tons) represented the largest exporter of sugar cane, comprising X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), making up a X% share of total exports. The following exporters - Vietnam (X tons) and Malaysia (X tons) - together made up X% of total exports.

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, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Myanmar (X p.p.) and Lao People's Democratic Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Vietnam (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar cane supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Myanmar ($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 stood at X%. In the other countries, the average annual rates were as follows: Myanmar (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in Asia amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a noticeable decrease. The pace of growth was the most pronounced 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.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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

In 2022, supplies from abroad of sugar cane increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2022 and is likely to continue growth in years to come.

In value terms, sugar cane imports surged to $X in 2022. In general, imports showed a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of sugar cane imports in 2022 were China (X tons), together finishing at 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.

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

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, leveling off at the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by X%. The level of import peaked 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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