South-Eastern Asia: Refined Cane Sugar Market 2020

Refined Cane Sugar Market Size in South-Eastern Asia

The revenue of the refined cane sugar market in South-Eastern Asia amounted to $X in 2017, shrinking by -X% against the previous year. The total market indicated a prominent growth 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 refined cane sugar consumption increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016, when market value increased by X% y-o-y. Over the period under review, the refined cane sugar market reached its maximum level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Refined Cane Sugar Production in South-Eastern Asia

The refined cane sugar production totaled X tons in 2017, remaining constant against the previous year. The refined cane sugar production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. The volume of refined cane sugar production peaked in 2017, and is expected to retain its growth in the near future.

Refined Cane Sugar Exports in South-Eastern Asia

In 2017, exports of refined cane or beet sugar in a solid form (excluding white sugar) in South-Eastern Asia stood at X tons, rising by X% against the previous year. The refined cane sugar exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when exports increased by X% y-o-y. In that year, the refined cane sugar exports reached their peak volume of X tons. From 2014 to 2017, growth of the refined cane sugar exports stood at a somewhat lower level.

In value terms, refined cane sugar exports totaled $X in 2017. The refined cane sugar exports continue to indicate a relatively flat trend pattern. Over the period under review, the refined cane sugar exports reached its maximum level of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Refined Cane Sugar Exports by Country in South-Eastern Asia

Thailand dominates refined cane sugar exports structure, resulting at X tons, which was approx. X% of total exports in 2017. Singapore (X tons) ranks second in terms of the global exports with a X% share, followed by Malaysia (X%). Vietnam (X tons) took the minor share of total exports.

Thailand experienced a relatively flat trend pattern of refined cane or beet sugar in a solid form (excluding white sugar) exports. At the same time, Vietnam (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest growing exporter in South-Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Malaysia (-X%) illustrated a downward trend over the same period. Malaysia (X%) significantly strengthened its position in terms of the global exports, while Singapore and Thailand saw its share reduced by -X% and -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Thailand ($X) remains the largest refined cane sugar supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Thailand was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+X% per year) and Malaysia (-X% per year).

Refined Cane Sugar Export Prices by Country in South-Eastern Asia

In 2017, the refined cane sugar export price in South-Eastern Asia amounted to $X per ton, falling by -X% against the previous year. The refined cane sugar export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the export prices for refined cane or beet sugar in a solid form (excluding white sugar) attained its peak figure level of $X per ton in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Vietnam ($X per ton), while Thailand ($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 Singapore (+X% per year), while the other leaders experienced more modest paces of growth.

Refined Cane Sugar Imports in South-Eastern Asia

The imports stood at X tons in 2017, going down by -X% against the previous year. The refined cane sugar imports continue to indicate a slight setback. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. Over the period under review, the refined cane sugar imports attained its peak figure volume of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

In value terms, refined cane sugar imports amounted to $X in 2017. The total imports indicated a modest expansion 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 refined cane sugar imports increased by +X% against 2015 indices. Over the period under review, the refined cane sugar imports reached its maximum level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Refined Cane Sugar Imports by Country in South-Eastern Asia

In 2017, Cambodia (X tons) represented the main importer for refined cane or beet sugar in a solid form (excluding white sugar), committing X% of total imports. Singapore (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Myanmar (X%) and Indonesia (X%). The following importers - Malaysia (X tons), the Philippines (X tons) and Lao People's Democratic Republic (X tons) together made up X% of total imports.

Imports into Cambodia increased at an average annual rate of +X% from 2007 to 2017. At the same time, Myanmar (+X%) displayed positive paces of growth. Moreover, Myanmar emerged as the fastest growing importer in South-Eastern Asia, with a CAGR of +X% from 2007-2017. Lao People's Democratic Republic experienced a relatively flat trend pattern. By contrast, Malaysia (-X%), Singapore (-X%), the Philippines (-X%) and Indonesia (-X%) illustrated a downward trend over the same period. While the share of Indonesia (X%), Singapore (X%) and the Philippines (X%) increased significantly in terms of the global imports from 2007-2017, the share of Myanmar (-X%) and Cambodia (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Cambodia ($X) constitutes the largest market for imported refined cane or beet sugar in a solid form (excluding white sugar) in South-Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

In Cambodia, 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: Singapore (-X% per year) and Indonesia (-X% per year).

Refined Cane Sugar Import Prices by Country in South-Eastern Asia

In 2017, the refined cane sugar import price in South-Eastern Asia amounted to $X per ton, picking up by X% against the previous year. The import price indicated a measured 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 refined cane sugar import price increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2009, an increase of X% year-to-year. The level of import price peaked of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Indonesia ($X per ton), while Myanmar ($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 Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform