Latin America and the Caribbean: Flavoured Refined Cane Sugar Market 2020

Flavoured Refined Cane Sugar Market Size in Latin America and the Caribbean

The revenue of the flavoured refined cane sugar market in Latin America and the Caribbean amounted to $X in 2017, rising by X% against the previous year. The flavoured refined cane sugar consumption continues to indicate a prominent expansion. The growth pace was the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the flavoured refined cane sugar market reached its peak figure level in 2017, and is likely to see steady growth in the immediate term.

Flavoured Refined Cane Sugar Production in Latin America and the Caribbean

In 2017, the amount of refined cane or beet sugar (containing added flavouring) produced in Latin America and the Caribbean stood at X tons, stabilizing at the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2011, with an increase of X% against the previous year. Over the period under review, the flavoured refined cane sugar production reached its peak figure volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Flavoured Refined Cane Sugar Exports in Latin America and the Caribbean

In 2017, the amount of refined cane or beet sugar (containing added flavouring) exported in Latin America and the Caribbean amounted to X tons, increasing by X% against the previous year. The flavoured refined cane sugar exports continue 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 volume of exports peaked of X tons in 2012; however, from 2013 to 2017, it failed to regain its momentum.

In value terms, flavoured refined cane sugar exports totaled $X in 2017. The total exports indicated a remarkable increase from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the flavoured refined cane sugar exports increased by +X% against 2015 indices. The level of exports peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Flavoured Refined Cane Sugar Exports by Country in Latin America and the Caribbean

In 2017, Mexico (X tons), distantly followed by Argentina (X tons), Chile (X tons), Brazil (X tons), Colombia (X tons) and Nicaragua (X tons) were the key exporters of refined cane or beet sugar (containing added flavouring), together creating X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Nicaragua (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Mexico ($X) remains the largest flavoured refined cane sugar supplier in Latin America and the Caribbean, making up X% of global exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of global exports. It was followed by Chile, with a X% share.

In Mexico, flavoured refined cane sugar exports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Argentina (+X% per year) and Chile (+X% per year).

Flavoured Refined Cane Sugar Export Prices by Country in Latin America and the Caribbean

In 2017, the flavoured refined cane sugar export price in Latin America and the Caribbean amounted to $X per ton, approximately reflecting the previous year. The export price indicated a remarkable increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the flavoured refined cane sugar export price decreased by -X% against 2014 indices. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% against the previous year. Over the period under review, the export prices for refined cane or beet sugar (containing added flavouring) attained its peak figure level of $X per ton in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Mexico (+X% per year), while the other leaders experienced more modest paces of growth.

Flavoured Refined Cane Sugar Imports in Latin America and the Caribbean

In 2017, the amount of refined cane or beet sugar (containing added flavouring) imported in Latin America and the Caribbean stood at X tons, picking up by X% against the previous year. The flavoured refined cane sugar imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2010, with an increase of X% against the previous year. Over the period under review, the flavoured refined cane sugar imports attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, flavoured refined cane sugar imports stood at $X in 2017. The flavoured refined cane sugar imports continue to indicate a remarkable increase. Over the period under review, the flavoured refined cane sugar imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Flavoured Refined Cane Sugar Imports by Country in Latin America and the Caribbean

Mexico prevails in flavoured refined cane sugar imports structure, accounting for X tons, which was near X% of total imports in 2017. Chile (X tons), Brazil (X tons) and Guatemala (X tons) followed a long way behind the leaders.

Mexico was also the fastest growing in terms of the refined cane or beet sugar (containing added flavouring) imports, with a CAGR of +X% from 2007 to 2017. At the same time, Brazil (+X%), Guatemala (+X%) and Chile (+X%) displayed positive paces of growth. Mexico (-X%) significantly weakened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported refined cane or beet sugar (containing added flavouring) in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Brazil ($X), with a X% share of global imports. It was followed by Chile, with a X% share.

In Mexico, flavoured refined cane sugar imports increased at an average annual rate of +X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (+X% per year) and Chile (+X% per year).

Flavoured Refined Cane Sugar Import Prices by Country in Latin America and the Caribbean

In 2017, the flavoured refined cane sugar import price in Latin America and the Caribbean amounted to $X per ton, standing approx. at the previous year. The flavoured refined cane sugar import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011, an increase of X% y-o-y. Over the period under review, the import prices for refined cane or beet sugar (containing added flavouring) attained its maximum level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Brazil ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Chile (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform