South-Eastern Asia: Sugar Crop Market 2025

Sugar Crop Market Size in South-Eastern Asia

The Southeast Asian sugar crop market shrank to $X in 2022, waning by X% against the previous year. Overall, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Sugar Crop Production in South-Eastern Asia

In value terms, sugar crop production fell rapidly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

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

In Thailand, sugar crop production declined by an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Indonesia (X% per year) and the Philippines (X% per year).

The average sugar crop yield declined to X tons per ha in 2022, which is down by X% compared with the previous year. In general, the yield saw a perceptible slump. The most prominent rate of growth was recorded in 2018 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2019 to 2022, the growth of the sugar crop yield remained at a 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, the harvested area of sugar crops in South-Eastern Asia amounted to X ha, surging by X% against the year before. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the harvested area increased by X% against the previous year. As a result, the harvested area reached the peak level of X ha. From 2019 to 2022, the growth of the sugar crop harvested area remained at a lower figure.

Sugar Crop Exports

Exports in South-Eastern Asia

For the third consecutive year, South-Eastern Asia recorded growth in overseas shipments of sugar crops, which increased by X% to X tons in 2022. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2022 and is likely to see steady growth in the immediate term.

In value terms, sugar crop exports declined to $X in 2022. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2014 when exports increased by X%. The level of export peaked at $X in 2021, and then declined in the following year.

Exports by Country

Myanmar was the major exporter of sugar crops in South-Eastern Asia, with the volume of exports reaching X tons, which was near X% of total exports in 2022. It was distantly followed by Lao People's Democratic Republic (X tons), generating a X% share of total exports. The following exporters - Vietnam (X tons) and Malaysia (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to sugar crop 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 ($X) remains the largest sugar crop supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was held by Myanmar ($X), with a X% share of total exports. It was followed by Malaysia, with a X% share.

In Lao People's Democratic Republic, sugar crop exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: 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, shrinking by X% against the previous year. Over the period under review, the export price continues to indicate a abrupt curtailment. The growth pace was the most rapid in 2019 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 Crop Imports

Imports in South-Eastern Asia

In 2022, purchases abroad of sugar crops was finally on the rise to reach X tons for the first time since 2016, thus ending a five-year declining trend. Overall, imports, however, saw a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, sugar crop imports stood at $X in 2022. In general, imports, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Singapore represented the largest importing country with an import of about X tons, which recorded X% of total imports. Vietnam (X tons) ranks second in terms of the total imports with a X% share, followed by Thailand (X%). The following importers - Cambodia (X tons) and Lao People's Democratic Republic (X tons) - each recorded a X% share of total imports.

Imports into Singapore decreased at an average annual rate of X% from 2012 to 2022. At the same time, Cambodia (X%) and Lao People's Democratic Republic (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. Vietnam experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X), Vietnam ($X) and Thailand ($X) constituted the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Cambodia and Lao People's Democratic Republic lagged somewhat behind, together comprising a further X%.

Cambodia, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: 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 a decline in the import price figures.

Source: IndexBox Platform

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