SADC: Sugar Cane Market 2024

Sugar Cane Market Size in SADC

The SADC sugar cane market fell to $X in 2022, dropping by X% against the previous year. Overall, consumption, however, recorded a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sugar Cane Production in SADC

In value terms, sugar cane production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

South Africa (X tons) remains the largest sugar cane producing country in SADC, comprising approx. X% of total volume. Moreover, sugar cane production in South Africa exceeded the figures recorded by the second-largest producer, Swaziland (X tons), threefold. Zambia (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual growth rate of volume in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Swaziland (X% per year) and Zambia (X% per year).

In 2022, the average sugar cane yield in SADC declined modestly to X tons per ha, almost unchanged from the previous year's figure. Overall, the yield, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, the yield attained the peak level of X tons per ha. From 2014 to 2022, the growth of the sugar cane yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar cane harvested area amounted to X ha in 2022, remaining constant against 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sugar cane production reached the peak figure at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Cane Exports

Exports in SADC

In 2022, the amount of sugar cane exported in SADC soared to X tons, picking up by X% on the previous year's figure. In general, exports, however, continue to indicate a perceptible descent. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar cane exports surged to $X in 2022. Over the period under review, exports, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

South Africa (X tons) and Angola (X tons) dominates exports structure, together constituting X% of total exports. The following exporters - Malawi (X tons), Mauritius (X tons) and Zambia (X tons) - each reached a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Malawi (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) remains the largest sugar cane supplier in SADC, comprising X% of total exports. The second position in the ranking was taken by Angola ($X), with an X% share of total exports. It was followed by Mauritius, with a X% share.

In South Africa, sugar cane exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Angola (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, reducing by X% against the previous year. Overall, the export price showed a abrupt descent. The pace of growth was the most pronounced in 2019 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Mauritius ($X per ton), while Malawi ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced a decline in the export price figures.

Sugar Cane Imports

Imports in SADC

In 2022, the amount of sugar cane imported in SADC reduced markedly to X tons, with a decrease of X% against the previous year. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, sugar cane imports declined slightly to $X in 2022. Overall, imports continue to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of sugar cane imports in 2022 were Namibia (X tons), Botswana (X tons) and Lesotho (X tons), together accounting for X% of total import. Zimbabwe (X tons) and Seychelles (X tons) held a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Seychelles (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar cane importing markets in SADC were Lesotho ($X), Namibia ($X) and Zimbabwe ($X), together comprising X% of total imports. Seychelles and Botswana lagged somewhat behind, together comprising a further X%.

Seychelles, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, increasing by X% against the previous year. In general, the import price, however, showed a abrupt slump. The growth pace was the most rapid in 2019 when the import price increased by X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Zimbabwe ($X per ton), while Botswana ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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