Sucrose in solid form market in Northern America

Earlier Report Observations

Market size for sucrose in solid form in Northern America was 10 996 thousand tons in 2018. It fell to 10 151 thousand tons in 2019 but recovered in the following years, reaching 10 408 thousand tons in 2020 and 10 900 thousand tons in 2021. After stabilizing around 10 859 thousand tons in 2022, it grew to 11 138 thousand tons in 2023.

In 2024, key market factors included Mitsubishi Chemical's expansion of sugar ester emulsifier production capacity in Japan and regulatory shifts in North America promoting sugar reduction, both influencing supply and demand dynamics.

Production sucrose in solid form in Northern America

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

In 2018, sucrose production in solid form in Northern America reached its peak at 11 005 K t, marking a 4.5% increase. However, production declined by 7.5% in 2019 to 10 183 K t, the lowest level during this period. By 2020, output recovered slightly to 10 463 K t, representing a modest 2.8% uptick compared to 2019.

Annual dynamics of production in Northern America in kind, 2017-2020, K t

Exports sucrose in solid form from Northern America

Exports in kind, K t

The market exhibited volatility throughout the observed period. Exports bottomed in 2018 at 35.3 K t, which was 29.5% lower than the previous year. In 2019, they surged by 88.4%, followed by another significant rise of 64.8% in 2020 to reach 109.5 K t, the peak level. Overall, exports in 2020 were 3.1 times higher than in 2018.

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

From 2017 to 2020, the partner structure of exports in kind remained fragmented, with no single country dominating. Mexico accounted for 29.7% of exports, Costa Rica for 5.5%, and Jamaica for 3.9%, together making up 39.1% of total flows.

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

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

Exports in value, K $ US

Market performance showed noticeable fluctuations during this period. Exports in value terms were lowest in 2017, then increased to 57 122 K $ US in 2020, the highest level, reflecting a 73.9% jump compared to 2019 and a 2-fold gap from 2017. The largest decline occurred in 2019, with a 2.2% drop.

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

Between 2017 and 2020, Mexico contributed 22.1% of exports in value terms, Costa Rica 5.5%, and Jamaica 4.2%, jointly accounting for 31.8% of total flows, making them the top contributors.

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

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

Imports sucrose in solid form to Northern America

Imports in kind, K t

The market displayed volatility over the observed period. Imports in kind reached their minimum in 2018 at 26.7 K t, a sharp 76.5% decline. They then rose to 53.9 K t in 2020, 56.6% above the previous year. Overall, imports in 2017 were 4.3 times higher than in 2018.

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

From 2017 to 2020, Brazil consistently led imports in kind with a 32.0% share, followed by Argentina at 11.7% and Colombia at 7.4%. Together, these three countries accounted for 51.1% of total flows.

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

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

Imports in value, K $ US

After a two-year decline, sucrose imports in solid form to Northern America increased. The lowest value was recorded in 2019 at 29 871 K $ US, following an 8.1% drop in 2018. In 2020, imports rose by 29.6% to 38 724 K $ US. Over the 2017-2020 period, imports grew by 15.3%, with a compound annual growth rate of 4.9%.

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

Between 2017 and 2020, the country structure of imports in value terms remained highly diversified. Brazil held a 26.6% share, Paraguay 9.9%, and Argentina 9.8%, together accounting for 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

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