"Americas" region includes following countries:
Earlier Report Observations
The market for sucrose in solid form in the Americas contracted from 33.9 million tons in 2018 to 30.3 million tons in 2020, a reduction of nearly 11%. This downward trend reversed in 2021, with volume growing 6.3% to 32.2 million tons, marking the beginning of a recovery.
Market expansion accelerated sharply in 2022, surging 14% to 36.7 million tons, and continued in 2023 with a further 6.4% increase to 39.0 million tons. By 2023, the market volume had risen over 15% above its 2018 level, demonstrating a period of sustained growth.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2018-2023
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2018-2023
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Americas
- 5.1.1. Annual dynamics of production in Americas in kind, 2018-2023, K t
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5.2. Global production by Country, 2018-2023
- 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
- 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
- 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
- 5.2.4. Structure of production by countries in kind, 2018-2023
- 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
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5.1. Production in Americas
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6. Imports
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6.1. Imports (Direct Data*)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K t
- 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
- 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K t
- 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K t
- 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data*)
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7. Exports
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7.1. Exports (Direct Data*)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K t
- 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
- 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K t
- 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K t
- 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data*)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K t
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K t
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production sucrose in solid form in Americas
In kind, 2017-2020, K t
Top producers of sucrose in solid form, 2017-2020
World map of production of sucrose in solid form, 2017-2020
Production of sucrose in solid form in the Americas has declined for the third consecutive year. In 2020, the region produced 35 953 K t, showing only a marginal fluctuation compared to 2019. Over the period from 2017 to 2020, production decreased by 14.3%, with a compound annual growth rate (CAGR) of -5.0%.
Annual dynamics of production in Americas in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (8.6%) | (6.0%) | (0.3%) | (5.0%) |
In value, 2017-2020, M $ US
In 2020, the output of sucrose in solid form in the Americas was valued at 14 814 M $ US, marking a drop of 19.1% compared to 2019. Between 2017 and 2020, production decreased by 26.7%, equating to an annualized rate of -9.8%. The largest increase was recorded in 2019, at 11.0%.
Annual dynamics of production in Americas in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.4%) | 11.0% | (19.1%) | (9.8%) |
Exports sucrose in solid form from Americas
Exports in kind, K t
The data reveals irregular changes, indicating a volatile market environment. Export volumes reached their minimum in 2019 at 3 453 K t and peaked in 2017, showing a 1.9-fold difference between these years. In 2020, the Americas exported 6 110 K t of sucrose in solid form, equivalent to a sharp advance of 76.9% from the previous year. The largest decline was recorded in 2019, at 28.8%.
Annual dynamics of product's exports from Americas in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (27.1%) | (28.8%) | 76.9% | (2.8%) |
The country composition of exports in kind from 2017 to 2020 was dispersed. The United Arab Emirates (5.8% of exports in kind), Angola (5.4% of exports in kind), and Benin (4.8% of exports in kind) together formed just 16.1% of total flows, with the remaining 83.9% split among a wide range of other destinations.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Americas in kind, 2017-2020
Exports in value, M $ US
After a two-year decrease, sucrose in solid form shipments from the Americas to abroad increased. In 2020, exports totalled 2 517 M $ US, constituting a gain of 43.6% from the previous year. Over the period from 2017 to 2020, exports decreased by 21.5%, with a compound annual growth rate (CAGR) of -7.7%. The minimum value was recorded in 2019 at 1 753 M $ US, and the largest decline occurred in 2018, at 34.9%.
Annual dynamics of product's exports from Americas in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (34.9%) | (16.0%) | 43.6% | (7.7%) |
From 2017 to 2020, exports in value terms of sucrose in solid form from the Americas were not heavily concentrated. The United Arab Emirates (5.4% of exports in value terms), Angola (4.9% of exports in value terms), and Benin (4.2% of exports in value terms) together captured only 14.5% of total flows.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Americas in value, 2017-2020
Imports sucrose in solid form to Americas
Imports in kind, K t
In 2020, the Americas' sucrose in solid form import volume amounted to 428 K t, representing a slight reduction of 2.6% compared with 2019. Between 2017 and 2020, imports decreased by 52.8%, equating to an annualized rate of -22.2%. The minimum value was recorded in 2018 at 382 K t, with the largest decline in that year at 57.9%. The largest increase was recorded in 2019, at 15.2%.
Annual dynamics of product's imports to Americas in kind, 2017-2020, K t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (57.9%) | 15.2% | (2.6%) | (22.2%) |
From 2017 to 2020, France remained the key partner for imports in kind of sucrose in solid form to the Americas, with a share of 1.1% of total flows.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Americas in kind, 2017-2020
Imports in value, M $ US
After a two-year drop, foreign sucrose in solid form supplies to the Americas increased. In 2020, import volume reached 732 M $ US, reflecting a significant increase of 25.0% from 2019. Over the period from 2017 to 2020, imports increased by 5.8%, with a compound annual growth rate (CAGR) of 1.9%. The minimum value was recorded in 2019 at 586 M $ US, and the largest decline occurred in 2018, at 9.8%.
Annual dynamics of product's imports to Americas in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (9.8%) | (6.2%) | 25.0% | 1.9% |
From 2017 to 2020, France stood out as the main supplier of sucrose in solid form to the Americas, accounting for 1.0% of total imports in value terms.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Americas in value, 2017-2020
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