Sucrose in solid form market in Fiji

Earlier Report Observations

The market for sucrose in solid form in Fiji contracted significantly between 2018 and 2023, with total market volume falling from 82 720 t to 35 658 t. This decline was driven by a steep drop in domestic production, which more than halved from 78 026 t to 28 007 t over the period. Imports gradually increased from 4 697 t to 7 657 t, partially offsetting the lower local output but not preventing the overall market shrinkage.

By 2024, imports surged to 14 747 t, indicating sustained domestic demand. Global supply chain bottlenecks and climate-related disruptions, including droughts and floods, affected raw sugarcane availability and contributed to production volatility, influencing the local sucrose supply.

Production sucrose in solid form in Fiji

In kind, 2017-2020, t

Top producers of sucrose in solid form, 2017-2020

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

In 2020, Fiji produced 56 791 tonnes of sucrose in solid form, marking a slight increase of 1.6% compared to the previous year. Over the period from 2017 to 2020, production grew by 6.6%, which translates to an annualized rate of 2.1%. The highest production level was recorded in 2018 at 78 026 tonnes, representing a significant increase of 46.4% from the prior year. However, in 2019, production experienced its largest decline, dropping by 28.3%.

Annual dynamics of production in Fiji in kind, 2017-2020, t

Exports sucrose in solid form from Fiji

Exports in kind, t

The market exhibited volatility during the observed period. In 2017, exports reached their highest level, while the lowest point occurred in 2018, with a peak-to-trough ratio of 350 times. In 2020, Fiji exported 13 tonnes of sucrose in solid form, showing a substantial uptick of 135.4% compared to the previous year. The minimum value was recorded in 2018 at 3 tonnes, which also marked the largest decline of 99.7%.

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

From 2017 to 2020, South Korea dominated the partner structure of exports in kind, consistently accounting for 95.7% of total flows.

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

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

Exports in value, K $ US

Market behavior was characterized by volatility during these years. The highest value was registered in 2017, while the lowest occurred in 2019, with a peak-to-trough ratio of 10.1 times. In 2020, Fiji's cross-border shipments of sucrose in solid form totaled 9 thousand US dollars, reflecting a robust gain of 22.7% compared to the previous year. The minimum value was recorded in 2019 at 7 thousand US dollars, and the largest decline was observed in 2018 at 88.7%.

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

From 2017 to 2020, the main buyers of sucrose in solid form from Fiji in value terms were South Korea (52.2% of exports), Tuvalu (22.4% of exports), and Vanuatu (11.7% of exports). Together, these three partners accounted for 86.3% of total exports in value terms.

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

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

Imports sucrose in solid form to Fiji

Imports in kind, t

In 2020, Fiji imported 4 731 tonnes of sucrose in solid form, which is 14.6% lower than the previous year. Over the period from 2017 to 2020, imports decreased by 10.7%, with a compound annual growth rate (CAGR) of -3.7%. The minimum value was recorded in 2018 at 4 697 tonnes, while the maximum occurred in 2019 at 5 542 tonnes, representing the largest increase of 18.0%.

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

From 2017 to 2020, New Zealand (44.3% of imports in kind), Thailand (27.7% of imports in kind), and Australia (14.8% of imports in kind) consistently remained the main sources for imports in kind, together accounting for 86.7% of total flows.

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

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

Imports in value, K $ US

In 2020, Fiji imported 2 883 thousand US dollars worth of sucrose in solid form, which is 7.2% lower compared to 2019. Over the period from 2017 to 2020, imports decreased by 23.4%, with a compound annual growth rate (CAGR) of -8.5%. The largest decline was recorded in 2018 at 21.1%, while the largest increase occurred in 2019 at 4.6%.

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

Throughout 2017 to 2020, New Zealand (43.9% of imports in value terms), Thailand (26.2% of imports in value terms), and Australia (16.8% of imports in value terms) formed the key group of partners for imports in value terms of sucrose in solid form to Fiji, jointly representing 86.9% of total flows.

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

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