Market research

Sucrose in solid form market in Eastern Asia

Release date: Mar 28, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Eastern Asia" region includes following countries:

China

Hong Kong

Japan

North Korea

South Korea

Macao

Mongolia

Earlier Report Observations

The market for chemically pure sucrose in solid form in Eastern Asia expanded consistently from 2018 to 2022, with volume rising from 13 793 thousand tonnes to 17 091 thousand tonnes. This growth was supported by increasing domestic production, which reached over 16 500 thousand tonnes by 2022.

In 2023, the market contracted sharply to 14 771 thousand tonnes, a decline of more than 13% from the previous year. This downturn coincided with a noticeable drop in production, which fell to 14 266 thousand tonnes, while trade flows remained relatively stable.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Eastern Asia
  1. 5.1.1. Annual dynamics of production in Eastern Asia in kind, 2018-2023, K t
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K t
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K t
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, K t
    1. 6.1.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.1.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, K t
    1. 6.2.2.1. Annual dynamics of product's exports from China in kind, 2018-2024, K t
    2. 6.2.2.2. Dynamics of product's exports in kind from China by countries, 2018-2024, K t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's exports from China in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's exports in value from China by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from China, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from China by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, K t
    1. 7.1.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.1.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, K t
    1. 7.2.2.1. Annual dynamics of product's imports to China in kind, 2018-2024, K t
    2. 7.2.2.2. Dynamics of product's imports in kind to China by countries, 2018-2024, K t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to China, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to China by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K t
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K t
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production sucrose in solid form in Eastern Asia

In kind, 2017-2020, K t

Top producers of sucrose in solid form, 2017-2020

Source: SHEV.io

World map of production of sucrose in solid form, 2017-2020

Source: SHEV.io

Eastern Asia's production of sucrose in solid form has grown for the third year in a row. In 2020, the region produced 14 754 K t, showing a modest increase of 2.2% from the previous year. Looking at the period from 2017 to 2020, production rose by 21.7%, which translates to an average annual growth rate of 6.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.8%	6.5%	2.2%	6.8%

Source: SHEV.io

In value, 2017-2020, M $ US

In 2020, the value of sucrose in solid form output in Eastern Asia was 50 280 M $ US, down 24.2% from 2019. Over the 2017-2020 period, production value fell by 6.6%, with a compound annual growth rate of -2.3%. The lowest value occurred in 2018 at 48 966 M $ US, while the peak was in 2019 at 66 377 M $ US, marking the largest increase of 35.6% that year.

Annual dynamics of production in Eastern Asia in value, 2017-2020, M $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(9.1%)	35.6%	(24.2%)	(2.3%)

Source: SHEV.io

Exports sucrose in solid form from Eastern Asia

Exports in kind, K t

The market exhibited volatility during the observed period. Exports hit their lowest point in 2020 at 164.7 K t, a 60.9% drop year-over-year, and peaked in 2018 at 462.2 K t, with the largest increase of 161.5% recorded that year. The difference between these extremes was a factor of 2.8.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	161.5%	(8.9%)	(60.9%)	(2.3%)

Source: SHEV.io

An analysis of exports in kind from 2017 to 2020 reveals a wide distribution across numerous markets. The Philippines accounted for 2.7% of exports, Asia not elsewhere specified for 1.8%, and Indonesia for 1.5%, together making up just 5.9% of total flows. The remaining 94.1% went to other partners.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, M $ US

Sucrose in solid form shipments from Eastern Asia abroad declined for the third consecutive year. In 2020, exports were valued at 212.2 M $ US, showing little change from the previous year. From 2017 to 2020, exports decreased by 18.9%, equivalent to an annualized rate of -6.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(7.1%)	(12.4%)	(0.4%)	(6.8%)

Source: SHEV.io

From 2017 to 2020, exports in value terms of sucrose in solid form from Eastern Asia were spread across many markets. The Philippines and the United States each contributed 2.5%, while Asia not elsewhere specified accounted for 2.2%, together totaling only 7.2% of overall flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports sucrose in solid form to Eastern Asia

Imports in kind, K t

In 2020, Eastern Asia's imports of sucrose in solid form reached 742.9 K t, up 10.0% from 2019. Over the 2017-2020 period, imports grew by 20.6%, with a compound annual growth rate of 6.4%. The largest decline was in 2019 at 4.1%, while the biggest increase occurred in 2018 at 14.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.3%	(4.1%)	10.0%	6.4%

Source: SHEV.io

From 2017 to 2020, Thailand was the leading market for imports in kind, accounting for 39.3%, followed by the United Arab Emirates and India, each at 5.4%. Together, these three markets represented 50.1% of total import flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, M $ US

After a two-year decline, sucrose in solid form imports into Eastern Asia rebounded. In 2020, imports totaled 429.9 M $ US, a 14.5% increase from 2019. Over the 2017-2020 period, imports decreased by 3.1%, with a compound annual growth rate of -1.0%. The lowest value was in 2019 at 375.6 M $ US, which also saw the largest decline of 9.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(6.0%)	(9.9%)	14.5%	(1.0%)

Source: SHEV.io

From 2017 to 2020, the country structure of imports in value terms remained highly diversified. Thailand accounted for 36.6%, the United Arab Emirates for 4.9%, and India for 4.8%, together making up 46.3% of total flows. The remaining 53.7% was distributed among a long tail of smaller markets.

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

Source: SHEV.io

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

Source: SHEV.io