South-Eastern Asia: Sugar Cane Market 2025

Sugar Cane Market Size in South-Eastern Asia

The Southeast Asian sugar cane market contracted to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Sugar Cane Production in South-Eastern Asia

In value terms, sugar cane production fell rapidly to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Thailand (X tons) constituted the country with the largest volume of sugar cane production, accounting for X% of total volume. Moreover, sugar cane production in Thailand exceeded the figures recorded by the second-largest producer, Indonesia (X tons), twofold. The third position in this ranking was taken by the Philippines (X tons), with a X% share.

In Thailand, sugar cane production declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Indonesia (X% per year) and the Philippines (X% per year).

The average sugar cane yield contracted modestly to X tons per ha in 2022, waning by X% on 2021 figures. Over the period under review, the yield showed a noticeable shrinkage. The pace of growth was the most pronounced in 2018 when the yield increased by X%. As a result, the yield reached the peak level of X tons per ha. From 2019 to 2022, the growth of the sugar cane yield remained at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar cane were harvested in South-Eastern Asia; picking up by X% on the previous year. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, the harvested area attained the peak level of X ha. From 2019 to 2022, the growth of the sugar cane harvested area remained at a somewhat lower figure.

Sugar Cane Exports

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded growth in shipments abroad of sugar cane, which increased by X% to X tons in 2022. Overall, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, sugar cane exports declined to $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Myanmar was the key exporting country with an export of around X tons, which amounted to X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), comprising a X% share of total exports. Vietnam (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to sugar cane exports from Myanmar stood at X%. At the same time, Lao People's Democratic Republic (X%) and Vietnam (X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing exporter exported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Malaysia (X%) illustrated a downward trend over the same period. While the share of Myanmar (X p.p.) and Lao People's Democratic Republic (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Vietnam (X p.p.) and Malaysia (X p.p.) displayed negative dynamics.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar cane supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Lao People's Democratic Republic, sugar cane exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Myanmar (X% per year) and Malaysia (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the export price showed a noticeable descent. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the export price figures.

Sugar Cane Imports

Imports in South-Eastern Asia

In 2022, after five years of decline, there was significant growth in purchases abroad of sugar cane, when their volume increased by X% to X tons. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, sugar cane imports rose sharply to $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The growth pace was the most rapid in 2013 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Singapore represented the largest importing country with an import of around X tons, which resulted at X% of total imports. It was distantly followed by Vietnam (X tons), mixing up a X% share of total imports. Lao People's Democratic Republic (X tons) held a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to sugar cane imports into Singapore stood at X%. At the same time, Vietnam (X%) and Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam (X p.p.) significantly strengthened its position in terms of the total imports, while Singapore saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sugar cane importing markets in South-Eastern Asia were Singapore ($X), Vietnam ($X) and Lao People's Democratic Republic ($X), with a combined X% share of total imports.

Among the main importing countries, Vietnam, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, reducing by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar cane import price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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