Northern America: Raw Cane Sugar Market 2020

Raw Cane Sugar Market Size in Northern America

The revenue of the raw cane sugar market in Northern America amounted to $X in 2017, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The total market indicated a prominent increase from 2007 to 2017: its value decreased 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 raw cane sugar consumption decreased by -X% against 2015 indices. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. The level of raw cane sugar consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Exports in Northern America

In 2017, approx. X tons of raw cane and beet sugar in solid form were exported in Northern America; falling by -X% against the previous year. The raw cane sugar exports continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The volume of exports peaked of X tons in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, raw cane sugar exports stood at $X in 2017. The raw cane sugar exports continue to indicate a deep descent. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Raw Cane Sugar Exports by Country in Northern America

The U.S. prevails in raw cane sugar exports structure, accounting for X tons, which was approx. X% of total exports in 2017. It was distantly followed by Canada (X tons), generating X% share of total exports.

The U.S. was also the fastest growing in terms of the raw cane and beet sugar in solid form exports, with a CAGR of -X% from 2007 to 2017. Canada (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of the U.S. and Canada increased by X% and X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest raw cane sugar supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports.

In the U.S., raw cane sugar exports decreased by an average annual rate of -X% over the period from 2007-2017.

Raw Cane Sugar Export Prices by Country in Northern America

The raw cane sugar export price in Northern America stood at $X per ton in 2017, rising by X% against the previous year. The export price indicated a strong growth 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 raw cane sugar export price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2010, when it surged by X% year-to-year. Over the period under review, the export prices for raw cane and beet sugar in solid form reached its maximum level in 2017, and is likely to see steady growth in the immediate term.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Raw Cane Sugar Imports in Northern America

In 2017, imports of raw cane and beet sugar in solid form in Northern America amounted to X tons, falling by -X% against the previous year. The raw cane sugar imports continue to indicate a moderate reduction. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. The volume of imports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, raw cane sugar imports amounted to $X in 2017. The raw cane sugar imports continue to indicate a moderate contraction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Raw Cane Sugar Imports by Country in Northern America

The U.S. was the largest importer of raw cane and beet sugar in solid form in Northern America, with the volume of imports resulting at X tons, which was approx. X% of total imports in 2017. It was distantly followed by Canada (X tons), making up X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Canada (+X% per year).

In value terms, the U.S. ($X) constitutes the largest market for imported raw cane and beet sugar in solid form in Northern America, making up X% of global imports. The second position in the ranking was occupied by Canada ($X), with a X% share of global imports.

From 2007 to 2017, the average annual growth rate of value in the U.S. was relatively modest.

Raw Cane Sugar Import Prices by Country in Northern America

The raw cane sugar import price in Northern America stood at $X per ton in 2017, going up by X% against the previous year. The raw cane sugar import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The level of import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per ton), while Canada ($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 the U.S. (+X% per year).

Source: IndexBox Platform