The sugar cane processing industry in Africa stood at 76.83 million metric tons in 2023. This year marks a subtle decline of 0.026% from the previous year. Looking at the broader trend from 2014 to 2023, the Compound Annual Growth Rate (CAGR) has been -0.38%, indicating a general downward trajectory. This is characterized by notable fluctuations such as a significant drop of 6.27% in 2015, followed by a recovery in 2017 with a 6.27% increase. From 2019 onwards, year-on-year changes have been minimal, averaging around -0.026% annually.
Looking forward, the forecast for 2024 to 2028 suggests a continued slight decline with a five-year forecasted CAGR of -0.02% and an overall growth rate decrease of -0.11%. Future trends to watch for include improvements in processing technology, shifts in global sugar demand, and potential climate impacts on sugar cane cultivation, which could influence production volumes in this region.
