Malaysia: Sugar Cane Market 2022

Sugar Cane Market Size in Malaysia

The Malaysian sugar cane market dropped to $X in 2021, falling by -X% against the previous year. Over the period under review, consumption faced a dramatic descent. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Sugar Cane Production in Malaysia

In value terms, sugar cane production declined to $X in 2021 estimated in export price. Overall, production saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. Sugar cane production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

In 2021, the average yield of sugar cane in Malaysia expanded significantly to X tons per ha, surging by X% compared with the previous year. Overall, the yield, however, saw a abrupt downturn. The sugar cane yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield stood at a somewhat 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 in Malaysia declined notably to X ha in 2021, waning by -X% on 2020. Over the period under review, the harvested area faced a deep slump. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The sugar cane harvested area peaked at X ha in 2012; however, from 2013 to 2021, the harvested area remained at a lower figure.

Sugar Cane Exports

Exports from Malaysia

In 2021, sugar cane exports from Malaysia declined modestly to X tons, which is down by less than X% on the previous year's figure. Overall, exports saw a pronounced descent. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, sugar cane exports surged to $X in 2021. The total export value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Singapore (X tons) was the main destination for sugar cane exports from Malaysia, with a approx. X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Singapore totaled -X%.

In value terms, Singapore ($X) also remains the key foreign market for sugar cane exports from Malaysia.

From 2012 to 2021, the average annual rate of growth in terms of value to Singapore totaled +X%.

Export Prices by Country

The average sugar cane export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sugar cane export price increased by +X% against 2015 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Singapore.

From 2012 to 2021, the rate of growth in terms of prices for Singapore amounted to +X% per year.

Sugar Cane Imports

Imports into Malaysia

Sugar cane imports into Malaysia soared to X tons in 2021, picking up by X% against the previous year. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, sugar cane imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in the near future.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of sugar cane to Malaysia, accounting for a X% share of total imports. Moreover, sugar cane imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and India (+X% per year).

In value terms, China ($X) constituted the largest supplier of sugar cane to Malaysia, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+X% per year) and India (+X% per year).

Import Prices by Country

The average sugar cane import price stood at $X per ton in 2021, picking up by X% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sugar cane import price decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2013 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was India ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

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