Congo: Sugar Cane Market 2020

Sugar Cane Market Size in Congo

The revenue of the sugar cane market in Congo amounted to $X in 2018, picking up by X% against the previous year. Overall, the total market indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sugar cane consumption increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Congo sugar cane consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Sugar Cane Production in Congo

In value terms, sugar cane production totaled $X in 2018 estimated in export prices. In general, sugar cane production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2014 when production volume increased by X% against the previous year. Congo sugar cane production peaked in 2018 and is expected to retain its growth in the near future.

Average yield of sugar cane in Congo totaled X ton per ha in 2018, standing approx. at the previous year. In general, the sugar cane yield continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 with an increase of X% against the previous year. The global sugar cane yield peaked at X ton per ha in 2010; however, from 2011 to 2018, 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 2018, the sugar cane harvested area in Congo totaled X ha, growing by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to sugar cane production attained its maximum in 2018 and is expected to retain its growth in the immediate term.

Sugar Cane Exports

Exports by Country

In 2018, Myanmar (X tons) represented the main exporter of sugar cane, mixing up X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), constituting a X% share of total exports.

Myanmar was also the fastest-growing in terms of the sugar cane exports, with a CAGR of +X% from 2007 to 2018. Lao People's Democratic Republic experienced a relatively flat trend pattern. From 2007 to 2018, the share of Myanmar increased by +X% percentage points, while Lao People's Democratic Republic (-X p.p.) saw their share reduced.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar cane supplier from Congo, comprising X% of global exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of global exports.

In Lao People's Democratic Republic, sugar cane exports expanded at an average annual rate of +X% over the period from 2007-2018.

Export Prices by Country

The sugar cane export price in Congo stood at $X per ton in 2018, leveling off at the previous year. In general, the sugar cane export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+X% per year).

Sugar Cane Imports

Imports by Country

In 2018, China (X tons) was the major importer of sugar cane, mixing up X% of total imports. It was distantly followed by Lao People's Democratic Republic (X tons), creating a X% share of total imports.

Imports into China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Lao People's Democratic Republic (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Lao People's Democratic Republic (+X p.p.) significantly strengthened its position in terms of the global imports, while China saw its share reduced by -X% from 2007 to 2018, respectively.

In value terms, China ($X) constitutes the largest market for imported sugar cane into Congo, comprising X% of global imports. The second position in the ranking was occupied by Lao People's Democratic Republic ($X), with a X% share of global imports.

In China, sugar cane imports expanded at an average annual rate of +X% over the period from 2007-2018.

Import Prices by Country

In 2018, the sugar cane import price in Congo amounted to $X per ton, approximately reflecting the previous year. Overall, the sugar cane import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Lao People's Democratic Republic stood at $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform