The 2023 data on global centrifugal raw sugar imports shows Indonesia as the leader in imports with 5.3 million metric tons, while China closely follows. Significant growth was observed in Ethiopia, Azerbaijan, and Kazakhstan. Nigeria and Saudi Arabia experienced moderate growth, whereas India, Bangladesh, and Algeria saw declines. Over the last five years, varied growth trends were observed among countries, indicating shifts in market dynamics.
Future trends indicate potential growth in Asian markets, particularly Vietnam and China, as demand for sugar increases with economic expansion. Growth in African countries could also influence future global trade dynamics. Additionally, changing dietary preferences and health regulations may impact the demand patterns in major importing countries.
- Indonesia leads global imports.
- Ethiopia, Azerbaijan, Kazakhstan show significant growth.
- Declines in markets like India, Bangladesh, Algeria.
- Future growth expected in Asia and Africa.
- Health regulations likely to impact import trends.
Top countries in Centrifugal Raw Sugar Import by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 5,300 | 2023 | -3.64% | +0.47% | View data |
| 2 | 2 China | 4,000 | 2023 | +25% | +2.13% | View data |
| 3 | 3 Bangladesh | 2,150 | 2023 | +14.54% | -2.21% | View data |
| 4 | 4 Algeria | 2,000 | 2023 | +0.76% | -2.72% | View data |
| 5 | 5 Saudi Arabia | 1,930 | 2023 | +6.65% | +13.1% | View data |
| 6 | 6 United States | 1,860 | 2023 | -18.33% | -2.76% | View data |
| 7 | 7 Malaysia | 1,800 | 2023 | -8.68% | -1.94% | View data |
| 8 | 8 Nigeria | 1,800 | 2023 | 0% | +0.68% | View data |
| 9 | 9 South Korea | 1,660 | 2023 | -2.47% | -2.52% | View data |
| 10 | 10 Morocco | 1,620 | 2023 | +1.25% | +8.19% | View data |
