Southern Asia: Sugar Cane Market 2025

Sugar Cane Market Size in Southern Asia

In 2022, the South Asian sugar cane market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market hit record highs at $X in 2021, and then fell in the following year.

Sugar Cane Production in Southern Asia

In value terms, sugar cane production surged to $X in 2022 estimated in export price. The total production indicated a mild 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

The country with the largest volume of sugar cane production was India (X tons), comprising approx. X% of total volume. Moreover, sugar cane production in India exceeded the figures recorded by the second-largest producer, Pakistan (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume in India was relatively modest.

In 2022, the average yield of sugar cane in Southern Asia was estimated at X tons per ha, remaining relatively unchanged against the year before. The yield figure increased at an average annual rate of X% over the period 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 when the yield increased by X%. The level of yield peaked at X tons per ha in 2020; however, from 2021 to 2022, the 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 total area harvested in terms of sugar cane production in Southern Asia shrank modestly to X ha, with a decrease of X% on 2021 figures. Over the period under review, the harvested area saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, the harvested area reached the peak level of X ha, and then fell modestly in the following year.

Sugar Cane Exports

Exports in Southern Asia

Sugar cane exports skyrocketed to X tons in 2022, jumping by X% compared with the previous year's figure. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, sugar cane exports soared to $X in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

Exports by Country

Pakistan (X tons) and India (X tons) represented roughly X% of total exports in 2022.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of X%).

In value terms, India ($X) and Pakistan ($X) were the countries with the highest levels of exports in 2022.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2022, reducing by X% against the previous year. In general, the export price showed a abrupt downturn. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was India ($X per ton), while Pakistan amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Sugar Cane Imports

Imports in Southern Asia

In 2022, purchases abroad of sugar cane increased by X% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, imports, however, recorded a perceptible slump. Over the period under review, imports attained the maximum at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, sugar cane imports rose markedly to $X in 2022. In general, imports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Nepal (X tons) represented the major importer of sugar cane, committing X% of total imports. It was distantly followed by Afghanistan (X tons), mixing up a X% share of total imports. Maldives (X tons) followed a long way behind the leaders.

Imports into Nepal decreased at an average annual rate of X% from 2012 to 2022. At the same time, Maldives (X%) and Afghanistan (X%) displayed positive paces of growth. Moreover, Maldives emerged as the fastest-growing importer imported in Southern Asia, with a CAGR of X% from 2012-2022. While the share of Nepal (X p.p.), Afghanistan (X p.p.) and Maldives (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sugar cane importing markets in Southern Asia were Afghanistan ($X), Nepal ($X) and Maldives ($X), together comprising X% of total imports.

Maldives, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per ton, falling by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2021, and then fell remarkably 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 Maldives ($X per ton), while Nepal ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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