South-Eastern Asia: Refined White Cane Sugar Market 2020

Refined White Cane Sugar Market Size in South-Eastern Asia

The revenue of the refined white cane sugar market in South-Eastern Asia amounted to $X in 2017, lowering by -X% against the previous year. The total market indicated a prominent 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 refined white cane sugar consumption increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2016, when it surged by X% against the previous year. Over the period under review, the refined white cane sugar market reached its peak figure level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Refined White Cane Sugar Production in South-Eastern Asia

In 2017, approx. X tons of refined white cane or beet sugar in solid form were produced in South-Eastern Asia; stabilizing at the previous year. The refined white cane sugar production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% year-to-year. Over the period under review, the refined white cane sugar production attained its peak figure volume in 2017, and is expected to retain its growth in the near future.

Refined White Cane Sugar Exports in South-Eastern Asia

In 2017, refined white cane sugar exports in South-Eastern Asia stood at X tons, surging by X% against the previous year. The refined white cane sugar exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. In that year, the refined white cane sugar exports attained their peak volume of X tons. From 2014 to 2017, growth of the refined white cane sugar exports failed to regain its momentum.

In value terms, refined white cane sugar exports amounted to $X in 2017. The refined white cane sugar exports continue to indicate a relatively flat trend pattern. The level of exports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Refined White Cane Sugar Exports by Country in South-Eastern Asia

Thailand dominates refined white cane sugar exports structure, resulting at X tons, which was near 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) occupied the weak share of total exports.

Thailand experienced a relatively flat trend pattern of refined white cane or beet sugar in solid form 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. While the share of Malaysia (X%) increased significantly in terms of the global exports from 2007-2017, the share of Singapore (-X%) and Thailand (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Thailand, refined white cane sugar exports remained relatively stable over the period from 2007-2017. In the other countries, the average annual rates were as follows: Singapore (+X% per year) and Malaysia (-X% per year).

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

The refined white cane sugar export price in South-Eastern Asia stood at $X per ton in 2017, going down by -X% against the previous year. The refined white cane sugar export price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2010, an increase of X% against the previous year. Over the period under review, the export prices for refined white cane or beet sugar in solid form attained its maximum level of $X per ton in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; 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 White Cane Sugar Imports in South-Eastern Asia

The imports amounted to X tons in 2017, lowering by -X% against the previous year. The refined white cane sugar imports continue to indicate a mild setback. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

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

Refined White Cane Sugar Imports by Country in South-Eastern Asia

Cambodia represented the major importing country with an import of around X tons, which resulted at X% of total imports. Singapore (X tons) ranks second in terms of the global imports with a X% share, followed by Myanmar (X%) and Indonesia (X%). Malaysia (X tons), the Philippines (X tons) and Lao People's Democratic Republic (X tons) took the slight share of total imports.

From 2007 to 2017, average annual rates of growth with regard to refined white cane sugar imports into Cambodia stood at +X%. 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. From 2007 to 2017, the share of Indonesia, Singapore and the Philippines increased by X%, X% and X% percentage points, while Myanmar (-X%) and Cambodia (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Cambodia, refined white cane sugar imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Singapore (-X% per year) and Indonesia (-X% per year).

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

The refined white cane sugar import price in South-Eastern Asia stood at $X per ton in 2017, surging by X% against the previous year. The import price indicated a measured 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 refined white cane sugar import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the import prices for refined white cane or beet sugar in solid form reached its peak figure level of $X per ton in 2011; however, from 2012 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 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