The 2023 data on global raw sugar equivalent import volume shows Indonesia leading with significant growth, and China observing a decline. Other notable nations include the United States, Algeria, and India, with varying trends. Growth escalates in Myanmar, Peru, and Laos, while Azerbaijan, Russia, and Venezuela see declines. Countries like Kenya and Senegal display notable increases, whereas Hungary and Slovenia show declines over the analyzed period.
Future trends to watch include:
- Emerging markets like Myanmar and Kenya continue showing strong growth.
- Watch for geopolitical factors affecting major importers, such as China and Russia.
- Global economic conditions and trade policies may influence upcoming import volumes.
Top countries in Raw Sugar Equivalent Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 5,640 | 2023 | +2.69% | +2.18% | View data |
| 2 | 2 China | 3,920 | 2023 | -0.83% | -1.59% | View data |
| 3 | 3 United States | 3,500 | 2023 | -0.46% | -0.5% | View data |
| 4 | 4 Algeria | 2,440 | 2023 | +1.24% | +1.01% | View data |
| 5 | 5 India | 2,270 | 2023 | +1.97% | +4.16% | View data |
| 6 | 6 Bangladesh | 2,250 | 2023 | +0.63% | +3.09% | View data |
| 7 | 7 Myanmar | 2,080 | 2023 | +4.63% | +7.54% | View data |
| 8 | 8 Malaysia | 2,040 | 2023 | -0.24% | -0.58% | View data |
| 9 | 9 South Korea | 1,960 | 2023 | +0.1% | -0.12% | View data |
| 10 | 10 Italy | 1,790 | 2023 | +0.17% | +0.022% | View data |
