Sucrose in solid form market in Western Asia

Earlier Report Observations

From 2018 to 2023, the market volume for chemically pure sucrose in solid form in Western Asia showed considerable variation. After starting at 7 815 thousand tons in 2018, it dipped to 7 417 thousand tons the following year. A notable expansion occurred in 2020, lifting the market to 8 138 thousand tons, before a sharp contraction to 6 732 thousand tons in 2021. The market then recovered strongly, reaching 8 021 thousand tons in 2022 and climbing to 8 625 thousand tons in 2023.

Domestic production mirrored this volatility, falling to 5 963 thousand tons in 2019 and then jumping to 7 014 thousand tons in 2020. Import volumes, crucial for supply, dropped to a low of 2 088 thousand tons in 2021 but rebounded in subsequent years. Exports also fluctuated significantly, peaking at 1 924 thousand tons in 2021 before declining in the following period.

Production sucrose in solid form in Western Asia

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

Following two consecutive years of decline, Western Asia's production of sucrose in solid form rebounded. In 2020, the region produced 7 014 K t of sucrose in solid form, representing a significant 17.6% increase compared to 2019. Looking at the broader period from 2017 to 2020, overall production decreased by 9%, which translates to an average annual decline of 3.1%. The lowest production level was recorded in 2019 at 5 963 K t, while the steepest drop occurred in 2018 with a 17.6% decrease.

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

In value, 2017-2020, M $ US

After two years of contraction, Western Asia's production value of sucrose in solid form showed recovery. In 2020, the output was valued at 3 908 M $ US, marking a substantial 35.7% rise from the previous year. Over the 2017-2020 period, production value fell by 8.9%, averaging an annual decline of 3.1%. The minimum value was observed in 2019 at 2 881 M $ US, with the largest reduction taking place in 2018 at 18.4%.

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

Exports sucrose in solid form from Western Asia

Exports in kind, K t

Export volumes of sucrose in solid form from Western Asia displayed considerable volatility during this period. Volumes reached their peak in 2017 and hit their lowest point in 2019, with a 2.7-fold difference between these years. In 2020, exports rebounded to 1 449 K t, representing a dramatic 108.3% increase compared to 2019. The minimum export volume was recorded in 2019 at 696 K t, while the most significant decline occurred in 2018 with a 44.8% drop.

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

Between 2017 and 2020, Western Asia's exports of sucrose in solid form were distributed across numerous markets. The top three destinations—Sudan (27.5% of exports), Pakistan (4.1%), and Tanzania (3.8%)—collectively accounted for just 35.4% of total export flows, indicating a highly diversified market structure.

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

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

Exports in value, M $ US

Export values of sucrose in solid form from Western Asia showed an unstable pattern throughout the period. Values fluctuated 3.1 times from the high in 2017 to the low in 2019. In 2020, exports surged to 807 M $ US, marking a remarkable 140.2% increase over the previous year. The lowest value was recorded in 2019 at 336 M $ US, with the steepest decline occurring in 2018 at 45.3%.

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

The partner structure for export values remained fragmented from 2017 to 2020. The three largest markets—Sudan (26.8% of export value), Iran (4.1%), and Pakistan (4.0%)—together represented only 34.9% of total flows, with no single country achieving a dominant share.

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

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

Imports sucrose in solid form to Western Asia

Imports in kind, K t

After two years of decline, Western Asia's imports of sucrose in solid form increased. In 2020, imports reached 2 573 K t, showing a solid 19.7% rise compared to 2019. Over the 2017-2020 period, imports decreased by 18.8%, corresponding to an average annual decline of 6.7%. The minimum import volume was recorded in 2019 at 2 149 K t, while the largest reduction occurred in 2018 with a 21.5% drop.

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

From 2017 to 2020, imports of sucrose in solid form to Western Asia were spread across a wide range of markets. The top three suppliers—Brazil (15.2% of imports), India (12.6%), and Algeria (8.5%)—collectively accounted for only 36.3% of total import flows, reflecting a diversified sourcing pattern.

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

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

Imports in value, M $ US

Following two consecutive years of decrease, Western Asia's import value of sucrose in solid form rebounded. In 2020, imports stood at 1 288 M $ US, indicating a 29.9% year-over-year increase. Over the 2017-2020 period, import value fell by 28.9%, averaging an annual decline of 10.8%. The minimum value was recorded in 2019 at 991 M $ US, with the most significant reduction occurring in 2018 at 30.5%.

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

Between 2017 and 2020, no single market dominated Western Asia's imports of sucrose in solid form in value terms. The three largest suppliers—Brazil (13.7% of import value), India (11.7%), and Algeria (8.2%)—together represented just 33.5% of total imports, while numerous smaller partners each held modest individual shares.

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

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