Asia: Sugar Crop Market 2025

Sugar Crop Market Size in Asia

The Asian sugar crop market totaled $X in 2022, approximately equating the previous year. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Sugar Crop Production in Asia

In value terms, sugar crop production rose to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

India (X tons) remains the largest sugar crop producing country in Asia, accounting for X% of total volume. Moreover, sugar crop production in India exceeded the figures recorded by the second-largest producer, China (X tons), threefold. The third position in this ranking was taken by Pakistan (X tons), with an X% share.

In India, sugar crop production remained relatively stable over the period from 2012-2022. 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 crops in Asia reduced to X tons per ha, remaining stable against the previous year. In general, the yield, however, recorded a relatively flat trend pattern. The growth pace was the most rapid 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 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, approx. X ha of sugar crops were harvested in Asia; flattening at the year before. Overall, the harvested area continues to indicate 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 crop production attained the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Crop Exports

Exports in Asia

In 2022, overseas shipments of sugar crops increased by X% to X tons, rising for the third year in a row after two years of decline. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is expected to retain growth in years to come.

In value terms, sugar crop exports declined slightly to $X in 2022. Over the period under review, exports posted a buoyant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Myanmar was the main exporting country with an export of around X tons, which reached X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), constituting 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 crop 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. Myanmar (X p.p.) and Lao People's Democratic Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Malaysia saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar crop supplier in Asia, comprising X% of total exports. The second position in the ranking was taken by Myanmar ($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

The export price in Asia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

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 Crop Imports

Imports in Asia

In 2022, supplies from abroad of sugar crops increased by X% to X tons, rising for the sixth year in a row after two years of decline. Overall, imports continue to indicate a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, sugar crop imports surged to $X in 2022. Total imports indicated resilient 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

China (X tons) represented roughly X% of total imports in 2022.

China was also the fastest-growing in terms of the sugar crops imports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of China increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, sugar crop imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Asia amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a mild reduction. The pace of growth was the most pronounced in 2021 an increase of X%. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

Frequently Asked Questions (FAQ) :