Swaziland: Sugar Cane Market 2020

Sugar Cane Market Size in Swaziland

The revenue of the sugar cane market in Swaziland amounted to $X in 2018, approximately mirroring the previous year. Over the period under review, the total market indicated buoyant growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, sugar cane consumption increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Swaziland sugar cane consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Sugar Cane Production in Swaziland

In value terms, sugar cane production stood at $X in 2018 estimated in export prices. Overall, sugar cane production continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2014 when production volume increased by X% against the previous year. Over the period under review, sugar cane production attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

In 2018, the average yield of sugar cane in Swaziland stood at X ton per ha, approximately mirroring the previous year. In general, the sugar cane yield continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. In that year, the sugar cane yield attained its peak level of X ton per ha. From 2012 to 2018, 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.

In 2018, the sugar cane harvested area in Swaziland totaled X ha, approximately mirroring the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. The global sugar cane harvested area peaked in 2018 and is expected to retain its growth in the near future.

Sugar Cane Exports

Exports from Swaziland

In 2018, the amount of sugar cane exported from Swaziland stood at X kg, lowering by -X% against the previous year. In general, sugar cane exports continue to indicate a dramatic deduction. The pace of growth appeared the most rapid in 2009 when exports decreased by -X% y-o-y. Swaziland exports peaked at X kg in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, sugar cane exports amounted to $X in 2018. In general, sugar cane exports continue to indicate a temperate descent. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. In that year, sugar cane exports attained their peak of $X. From 2015 to 2018, the growth of sugar cane exports remained at a lower figure.

Exports by Country

Myanmar was the major exporting country with an export of about X tons, which reached X% of total exports. It was distantly followed by Lao People's Democratic Republic (X tons), generating a X% share of total exports.

Myanmar was also the fastest-growing in terms of the sugar cane exports, with a CAGR of +X% from 2007 to 2018. Lao People's Democratic Republic experienced a relatively flat trend pattern. From 2007 to 2018, the share of Myanmar increased by +X% percentage points, while Lao People's Democratic Republic (-X p.p.) saw their share reduced.

In value terms, Lao People's Democratic Republic ($X) remains the largest sugar cane supplier from Swaziland, comprising X% of global exports. The second position in the ranking was occupied by Myanmar ($X), with a X% share of global exports.

From 2007 to 2018, the average annual rate of growth in terms of value in Lao People's Democratic Republic stood at +X%. In the other countries, the average annual rates were as follows: Myanmar (+X% per year) and Swaziland (-X% per year).

Export Prices by Country

In 2018, the sugar cane export price in Swaziland amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the sugar cane export price continues to indicate skyrocketing growth. The pace of growth appeared the most rapid in 2014 when the export price increased by X% y-o-y. Swaziland export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Lao People's Democratic Republic ($X per ton), while Myanmar amounted to $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Lao People's Democratic Republic (+X% per year).

Sugar Cane Imports

Imports into Swaziland

In 2018, the sugar cane imports into Swaziland stood at X kg, going down by -X% against the previous year. In general, sugar cane imports continue to indicate an abrupt contraction. The growth pace was the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, sugar cane imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, sugar cane imports totaled $X in 2018. Overall, sugar cane imports continue to indicate outstanding growth. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, sugar cane imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, China (X tons) was the major importer of sugar cane, mixing up X% of total imports. It was distantly followed by Lao People's Democratic Republic (X tons), achieving a X% share of total imports.

From 2007 to 2018, average annual rates of growth with regard to sugar cane imports into China stood at -X%. At the same time, Lao People's Democratic Republic (+X%) displayed positive paces of growth. Moreover, Lao People's Democratic Republic emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Lao People's Democratic Republic (+X p.p.) significantly strengthened its position in terms of the global imports, while China saw its share reduced by -X% from 2007 to 2018, respectively.

In value terms, China ($X) constitutes the largest market for imported sugar cane into Swaziland, comprising X% of global imports. The second position in the ranking was occupied by Lao People's Democratic Republic ($X), with a X% share of global imports.

In China, sugar cane imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Lao People's Democratic Republic (-X% per year) and Swaziland (+X% per year).

Import Prices by Country

In 2018, the sugar cane import price in Swaziland amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the sugar cane import price continues to indicate a skyrocketing expansion. The growth pace was the most rapid in 2014 when the import price increased by X% y-o-y. Swaziland import price peaked in 2018 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per ton), while Lao People's Democratic Republic totaled $X per ton.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China.

Source: IndexBox Platform