Raw cane or beet sugar in solid form market in Eastern Asia

Earlier Report Observations

From 2018 to 2020, the market volume for raw cane or beet sugar in solid form in Eastern Asia expanded consistently, peaking at 34 817 thousand tons. This period began with regulatory adjustments, including the September 2017 amendment to food labeling laws that required origin disclosure for ingredients, increasing transparency for sugar-based products.

A sharp contraction followed in 2021, reducing the market to 30 103 thousand tons, before it stabilized around 29 000 thousand tons in 2022 and 2023. During 2023, authorities rolled out measures to diversify raw sugar imports and expedite customs clearance for semi-processed goods, aiming to strengthen supply chains and cushion market fluctuations.

Entering 2024, the market environment was shaped by tighter food safety standards, a growing sugar‑substitute industry, and rising consumer health awareness, which collectively prompted shifts in product formulation and labeling requirements.

Production raw cane or beet sugar in solid form in Eastern Asia

In kind, 2017-2020, K t

Top producers of raw cane or beet sugar in solid form, 2017-2020

World map of production of raw cane or beet sugar in solid form, 2017-2020

Production of raw cane or beet sugar in solid form in Eastern Asia declined after two years of growth. In 2020, the region produced 27 268 K t, which was 0.6% lower than in 2019. Over the period from 2017 to 2020, production increased by 12.3%, with an average annual growth rate of 3.9%. The highest production level was recorded in 2019 at 27 436 K t, while the largest annual increase occurred in 2018 at 8.7%.

Annual dynamics of production in Eastern Asia in kind, 2017-2020, K t

Exports raw cane or beet sugar in solid form from Eastern Asia

Exports in kind, K t

Exports of raw cane or beet sugar in solid form from Eastern Asia increased after two years of decline. In 2020, exports reached 12 K t, marking a 47.2% rise compared to 2019. Between 2017 and 2020, exports decreased by 53.8%, which translates to an average annual decline of 22.7%. The lowest export volume was recorded in 2019 at 8 K t, with the largest annual drop also occurring in 2019 at 53.4%.

Annual dynamics of product's exports from Eastern Asia in kind, 2017-2020, K t

From 2017 to 2020, three key markets—Vietnam, the United States, and Canada—collectively accounted for 42.4% of total exports in kind of raw cane or beet sugar in solid form from Eastern Asia.

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

World map of product's exports from Eastern Asia in kind, 2017-2020

Exports in value, M $ US

Foreign supplies of raw cane or beet sugar in solid form from Eastern Asia increased after two years of decline. In 2020, exports in value terms reached 9 M $ US, up by 26.7% from the previous year. Between 2017 and 2020, exports decreased by 35.3%, with an average annual decline of 13.5%. The lowest value was recorded in 2019 at 7 M $ US, and the largest annual drop also occurred in 2019 at 30.3%.

Annual dynamics of product's exports from Eastern Asia in value, 2017-2020, M $ US

During 2017–2020, exports in value terms of raw cane or beet sugar in solid form from Eastern Asia were relatively evenly distributed. Vietnam accounted for 20.2% of exports in value terms, the United States for 2.6%, and Canada for 2.2%, with these three countries together representing 24.9% of total flows.

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

World map of product's exports from Eastern Asia in value, 2017-2020

Imports raw cane or beet sugar in solid form to Eastern Asia

Imports in kind, K t

Imports of raw cane or beet sugar in solid form into Eastern Asia increased for the third consecutive year. In 2020, imports amounted to 7 562 K t, which was 26.6% higher than in 2019. Between 2017 and 2020, imports grew by 57.4%, with an average annual increase of 16.3%.

Annual dynamics of product's imports to Eastern Asia in kind, 2017-2020, K t

From 2017 to 2020, Australia, Brazil, and Thailand were the main suppliers of raw cane or beet sugar in solid form to Eastern Asia. Australia accounted for 38.3% of imports in kind, Brazil for 29.1%, and Thailand for 13.4%, with these three countries together comprising 80.8% of total imports in kind.

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

World map of product's imports to Eastern Asia in kind, 2017-2020

Imports in value, M $ US

Imports of raw cane or beet sugar in solid form into Eastern Asia increased for the second consecutive year. In 2020, imports in value terms reached a total of value_last_year M $ US, reflecting a sharp advance of 31.1% compared to the previous year. Between 2017 and 2020, imports increased by 16.7%, with an average annual growth rate of 5.3%. The lowest value was recorded in 2018 at 1 827 M $ US, and the largest annual decline also occurred in 2018 at 16.0%.

Annual dynamics of product's imports to Eastern Asia in value, 2017-2020, M $ US

From 2017 to 2020, Australia, Brazil, and Thailand stood out as the main markets for imports in value terms of raw cane or beet sugar in solid form into Eastern Asia. Australia accounted for 39.0% of imports in value terms, Brazil for 27.2%, and Thailand for 12.9%, with these three countries together representing 79.1% of total flows.

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

World map of product's imports to Eastern Asia in value, 2017-2020