The global import of machinery for sugar refining and manufacture shows notable country differences in value. As of 2023, India leads in imports with a value of $8.54 thousand, followed closely by Mozambique. The United States sees a significant downturn with a notable year-on-year decrease of 20.56%, while Peru shows growth at 35.3%. Emerging markets like Ecuador and Seychelles are gaining traction, highlighting potential increases in import activity. The five-year CAGR suggests stable import trends with fluctuating dynamics based on each region’s economic and industrial strategies.
Future trends to watch include:
- Continued strong growth potential in emerging markets like Mozambique and Ecuador.
- The impact of technological advancements on reducing machinery costs potentially boosting import demand across smaller economies.
- Geo-political and trade dynamics influencing sugar industry automation and machinery demand.
Top countries in Import of Machinery for Sugar Refining and Manufacture by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 8,540 | 2023 | +6.33% | +2.91% | View data |
| 2 | 2 Mozambique | 8,500 | 2023 | +2.87% | +11.21% | View data |
| 3 | 3 United States | 6,730 | 2023 | -18.87% | -20.56% | View data |
| 4 | 4 Peru | 3,220 | 2023 | +3.24% | +35.3% | View data |
| 5 | 5 Philippines | 2,070 | 2023 | +5.45% | +1.57% | View data |
| 6 | 6 Guyana | 1,670 | 2023 | +6.39% | +1.6% | View data |
| 7 | 7 Uganda | 1,230 | 2023 | -95.05% | -56.64% | View data |
| 8 | 8 Kyrgyzstan | 1,010 | 2023 | +6.68% | +1.47% | View data |
| 9 | 9 Kuwait | 992 | 2023 | +5.42% | -0.85% | View data |
| 10 | 10 Singapore | 543 | 2023 | -0.18% | -1.94% | View data |
