Intelligence & Data

Dashboard

Overview

Data Coverage

News & Insights

Current Plan

Intelligence & Data Solution

Get started with Premium Plan of our Intelligence & Data Solution to get access to premium content and data in food and agriculture

Which countries are expected to experienced a growth in sugar production?

Market outlook

Sugar Beet

Sugarcane

Sugar

Sep 14, 2021

Edited By

Jinwoo Cheon

Sep 14, 2021

Edited By

Jinwoo Cheon

Although demand growth for sugar has been slowing down, growth in sugar intake continues to remain strong in developing states where per capita consumption is relatively low. The Philippines is expected to increase sugar production, sugar inventories are being built in India and China is also expected to accelerate growth in sugarcane and sugar beet production. Pakistan is expected to show strong prospects as the government will continue to support sugar production.

Although demand growth has slowed in recent years due to a decrease in world population growth rates and increasing concerns over the potential health effects of excessive sugar consumption, growth in sugar intake continues to remain strong in developing states where per capita consumption is relatively low. The agricultural attaché of the United States Department of Agriculture (USDA) in the Philippines expects the country’s sugar production to increase 2% in FY 2020-21, to 2.2 million tons. Sugar inventories are also building up in India, following bumper crops. Destocking is taking place in the EU and US, resulting in a stable global stock-to-use ratio. China is also projected to experience accelerated growth in sugarcane and sugar beet production. By 2027, the product in China is expected to reach 13.4 MT, mainly through increases in yields and area. Strong prospects are also foreseen in Pakistan where the government will continue to support sugar production through guaranteed prices to farmers and subsidized exports.

Source:

OECD-FAO Agricultural Outlook 2019-2028

Macadamia KernelUSD 5 ~ 21 / KG Fresh AppleUSD ≈ 0.60 ~ 1.73 / KG Fresh Tahiti LimeUSD 1.06 ~ / KG Fresh MandarinUSD 1.40 ~ / KG Almond KernelUSD 5.23 ~ / KG Fresh MangoUSD 1.25 ~ / KG Fresh BananaUSD ≈ 0.52 ~ / KG Fresh Dragon FruitUSD ≈ 0.85 ~ 13.44 / KG Fresh PearUSD 1.23 ~ 1.69 / KG Fresh WatermelonUSD ≈ 0.27 ~ ≈ 0.45 / KG Fresh Table GrapeUSD 1.95 ~ / KG Fresh OrangeUSD ≈ 0.53 ~ / KG Whole Common GingerUSD ≈ 0.67 ~ / KG Dried DateUSD 6.99 ~ 10.60 / KG Fresh MD2 PineappleUSD ≈ 0.62 ~ 62 / KG Fresh LemonUSD ≈ 0.61 ~ 1.07 / KG Fresh AvocadoUSD 1.13 ~ 6.93 / KG Frozen Vannamei ShrimpUSD 7.58 ~ 10.35 / KG Fresh PomegranateUSD 1.30 ~ / KG Whole Green CardamomUSD 15.65 ~ 21.40 / KG Macadamia KernelUSD 5 ~ 21 / KG Fresh AppleUSD ≈ 0.60 ~ 1.73 / KG Fresh Tahiti LimeUSD 1.06 ~ / KG Fresh MandarinUSD 1.40 ~ / KG Almond KernelUSD 5.23 ~ / KG Fresh MangoUSD 1.25 ~ / KG Fresh BananaUSD ≈ 0.52 ~ / KG Fresh Dragon FruitUSD ≈ 0.85 ~ 13.44 / KG Fresh PearUSD 1.23 ~ 1.69 / KG Fresh WatermelonUSD ≈ 0.27 ~ ≈ 0.45 / KG Fresh Table GrapeUSD 1.95 ~ / KG Fresh OrangeUSD ≈ 0.53 ~ / KG Whole Common GingerUSD ≈ 0.67 ~ / KG Dried DateUSD 6.99 ~ 10.60 / KG Fresh MD2 PineappleUSD ≈ 0.62 ~ 62 / KG Fresh LemonUSD ≈ 0.61 ~ 1.07 / KG Fresh AvocadoUSD 1.13 ~ 6.93 / KG Frozen Vannamei ShrimpUSD 7.58 ~ 10.35 / KG Fresh PomegranateUSD 1.30 ~ / KG Whole Green CardamomUSD 15.65 ~ 21.40 / KG

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.

Home News & Insights Analysis & Reports Market Data

Market Data