Primary sugar crops market in Northern America

Earlier Report Observations

The market volume for primary sugar crops in Northern America showed notable fluctuations between 2018 and 2021. After reaching 62 906 thousand tonnes in 2018, it dropped by approximately 11% to 55 868 thousand tonnes in 2019. A strong recovery followed in 2020, with volume climbing to 64 355 thousand tonnes, nearly returning to the 2018 level. The market then stabilized in 2021, ending at 64 358 thousand tonnes.

The market experienced a modest contraction to 62 347 thousand tonnes in 2022. In 2023, volume increased slightly to 63 028 thousand tonnes. This growth coincided with global factors tightening sugar supply, including sugarcane crop losses in several Asian countries and a shift in Brazilian sugarcane processing toward ethanol production. These constraints on international sugar availability likely supported domestic production incentives for primary sugar crops in the region.

Production primary sugar crops in Northern America

In kind, 2017-2020, K t

Top producers of primary sugar crops, 2017-2020

World map of production of primary sugar crops, 2017-2020

Primary sugar crops production in Northern America increased after two years of decline. In 2019, production reached its lowest point at 55 867 thousand tonnes, marking an 11.2% decrease. However, in 2020, production rebounded to 64 354 thousand tonnes, showing a significant 15.2% gain compared to the previous year. Overall, between 2017 and 2020, production grew by 2.2%, which translates to an annualized rate of 0.7%.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

Exports primary sugar crops from Northern America

Exports in kind, t

Primary sugar crops exports from Northern America have increased for the third consecutive year. In 2020, exports reached 133 tonnes, representing a sharp 76.1% year-over-year uptick. Over the period from 2017 to 2020, exports surged by an impressive 37 112.3%, with a compound annual growth rate of 619.3%.

Annual dynamics of product's exports from Northern America in kind, 2017-2020, t

From 2017 to 2020, Trinidad and Tobago clearly dominated as the primary buyer of sugar crops from Northern America, accounting for 98.5% of total exports in volume.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Northern America in kind, 2017-2020

Exports in value, K $ US

Northern America's primary sugar crops exports have risen for the third year in a row. In 2020, exports amounted to 74.2 thousand US dollars, which is 94.4% higher than the previous year. Between 2017 and 2020, exports increased by 26 503.8%, equating to an annualized rate of 543.2%.

Annual dynamics of product's exports from Northern America in value, 2017-2020, K $ US

Throughout 2017 to 2020, Trinidad and Tobago remained the almost exclusive buyer of primary sugar crops from Northern America in value terms, holding a 95.4% share of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Northern America in value, 2017-2020

Imports primary sugar crops to Northern America

Imports in kind, t

After two years of growth, Northern America's volume of primary sugar crops imports declined. In 2019, imports peaked at 1 164 tonnes, showing a 34.3% increase. However, in 2020, imports fell to 664 tonnes, down by 43.0% compared to 2019. Over the period from 2017 to 2020, imports decreased by 13.7%, with a compound annual growth rate of -4.8%.

Annual dynamics of product's imports to Northern America in kind, 2017-2020, t

From 2017 to 2020, Costa Rica, China, and Jamaica were the main suppliers of primary sugar crops to Northern America in volume. Costa Rica accounted for 58.6% of imports, China for 17.2%, and Jamaica for 6.4%, together making up 82.2% of total imports.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Northern America in kind, 2017-2020

Imports in value, K $ US

Northern America's primary sugar crops imports declined for the second consecutive year. In 2018, imports reached their highest point at 774.6 thousand US dollars, marking a 15.2% increase. By 2020, imports dropped to 606.7 thousand US dollars, reflecting a significant 20.2% decrease compared to the previous year. Over the period from 2017 to 2020, imports fell by 9.8%, with an annualized rate of -3.4%.

Annual dynamics of product's imports to Northern America in value, 2017-2020, K $ US

Throughout 2017 to 2020, Costa Rica, China, and Jamaica remained the key markets for primary sugar crops imports to Northern America in value terms. Costa Rica held a 39.1% share, China 26.3%, and Jamaica 6.9%, collectively accounting for 72.2% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Northern America in value, 2017-2020