Raw cane or beet sugar in solid form market in Australia

Earlier Report Observations

Australian raw sugar production rose from 4.48 million tonnes in 2018 to 4.73 million tonnes in 2019. This expansion was supported by the implementation of a mandatory Sugar Code of Conduct, which regulated relationships between cane growers, mill owners, and marketers, providing a stable framework for the industry's supply chain.

Production then entered a period of decline, with the most pronounced contraction occurring in 2022. Extensive floods and persistently wet conditions in New South Wales that year severely limited crop access and reduced cane yields, leading to a significant drop in national output to 4.14 million tonnes. The market showed a modest recovery in 2023, with production reaching 4.20 million tonnes.

Production raw cane or beet sugar in solid form in Australia

In kind, 2018-2021, K t

Australia ranked 18th globally in the production of raw cane or beet sugar in solid form from 2018 to 2021.

Top producers of raw cane or beet sugar in solid form, 2018-2021

World map of production of raw cane or beet sugar in solid form, 2018-2021

In 2021, Australia produced 4 349 thousand tonnes of raw cane or beet sugar in solid form, marking a 1.5% year-on-year increase. Production peaked in 2019 at 4 725 thousand tonnes, then fell to its lowest point in 2020 at 4 283 thousand tonnes, with the largest decline of 9.4% occurring that year. The largest increase was 5.5% in 2019. Overall, from 2018 to 2021, production decreased by 2.9%, averaging an annualized decline of 1.0%.

Annual dynamics of production in Australia in kind, 2018-2021, K t

In value, 2018-2021, M $ US

After two years of decline, Australia's production of raw cane or beet sugar in solid form rebounded in value. In 2021, output was valued at 2 944 million US dollars, up 14.6% from the previous year. The lowest value was recorded in 2020 at 2 570 million US dollars, with the largest decline of 14.7% occurring that year. From 2018 to 2021, production value decreased by 12.7%, equating to an annualized rate of 4.4%.

Annual dynamics of production in Australia in value, 2018-2021, M $ US

Exports raw cane or beet sugar in solid form from Australia

Exports in kind, t

Australia's exports of raw cane or beet sugar in solid form increased for the third consecutive year. In 2021, exports reached 2 246 tonnes, a 70.3% improvement over the previous year. From 2018 to 2021, exports grew by 270%, with a compound annual growth rate of 54.7%.

Annual dynamics of product's exports from Australia in kind, 2018-2021, t

From 2018 to 2021, Kiribati was the primary destination for Australia's exports in kind, accounting for 77.0% of total flows, while other markets formed a long tail of smaller partners.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Australia in kind, 2018-2021

Exports in value, K $ US

Australia's export value of raw cane or beet sugar in solid form rose for the third year in a row. In 2021, export volume amounted to 1 520 thousand US dollars, up 92.1% compared to 2020. Over the period 2018-2021, exports increased by 232.6%, with a compound annual growth rate of 49.3%.

Annual dynamics of product's exports from Australia in value, 2018-2021, K $ US

In 2018–2021, the geographical pattern of exports in value terms was dominated by Kiribati, which held a 71.0% share of total flows, while other partners accounted for relatively minor shares.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Australia in value, 2018-2021

Imports raw cane or beet sugar in solid form to Australia

Imports in kind, t

Following a two-year decline, Australia's imports of raw cane or beet sugar in solid form increased. In 2021, imports totaled 2 707 tonnes, a sharp uptick of 32.5% compared to the previous year. The lowest volume was recorded in 2020 at 2 044 tonnes, with the largest decline of 10.1% occurring in 2019. From 2018 to 2021, imports grew by 7.5%, with a compound annual growth rate of 2.4%.

Annual dynamics of product's imports to Australia in kind, 2018-2021, t

In 2018–2021, Brazil, India, and Thailand led as the top suppliers of raw cane or beet sugar in solid form to Australia, accounting for 45.5%, 16.8%, and 9.8% of imports in kind, respectively. Together, they made up 72.0% of total imports in kind.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Australia in kind, 2018-2021

Imports in value, K $ US

After a two-year decline, Australia's imports of raw cane or beet sugar in solid form increased in value. In 2021, imports were approximately 3 602 thousand US dollars, representing an intense 49.2% rise compared to the previous year. The minimum value was recorded in 2020 at 2 414 thousand US dollars, with the largest decline of 10.0% in 2019. Between 2018 and 2021, imports increased by 31.2%, equating to an annualized rate of 9.5%.

Annual dynamics of product's imports to Australia in value, 2018-2021, K $ US

In 2018–2021, three principal markets—Brazil, India, and China—together accounted for 67.1% of the total import value of raw cane or beet sugar in solid form to Australia.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Australia in value, 2018-2021