Guinea-Bissau: Sugar Cane Market 2020

Sugar Cane Market Size in Guinea-Bissau

The revenue of the sugar cane market in Guinea-Bissau amounted to $X in 2018, rising by X% against the previous year. In general, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. 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 2013 indices. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Guinea-Bissau sugar cane consumption peaked in 2018 and is likely to continue its growth in the near future.

Sugar Cane Production in Guinea-Bissau

In value terms, sugar cane production amounted to $X in 2018 estimated in export prices. Over the period under review, sugar cane production continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when production volume increased by X% year-to-year. Over the period under review, sugar cane production reached its peak figure level in 2018 and is likely to continue its growth in the near future.

Average yield of sugar cane in Guinea-Bissau stood at X ton per ha in 2018, approximately equating the previous year. In general, the sugar cane yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when yield increased by X% against the previous year. The global sugar cane yield peaked at X ton per ha in 2007; however, from 2008 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of sugar cane were harvested in Guinea-Bissau; jumping by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 when harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to sugar cane production reached its maximum in 2018 and is expected to retain its growth in the immediate term.

Sugar Cane Exports

Exports by Country

Myanmar represented the key exporting country with an export of around X tons, which finished at X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), mixing up 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 ($X) remains the largest sugar cane supplier from Guinea-Bissau, comprising X% of global exports. The second position in the ranking was occupied by Myanmar ($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

In 2018, the sugar cane export price in Guinea-Bissau amounted to $X per ton, approximately equating the previous year. Over the period under review, the sugar cane export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar totaled $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

China was the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Lao People's Democratic Republic (X tons), comprising 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. From 2007 to 2018, the share of Lao People's Democratic Republic increased by +X% percentage points, while China (-X p.p.) saw their share reduced.

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

In China, sugar cane imports increased 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 Guinea-Bissau amounted to $X per ton, remaining stable against the previous year. Over the period under review, 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 totaled $X per ton.

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

Source: IndexBox Platform