In 2023, China led the global sugar cane import market with 120.0 thousand metric tons, experiencing a slight decline of 0.65% year-on-year. Laos followed with 37.0 thousand metric tons, showing an increase of 1.12%. Saudi Arabia, at 16.0 thousand metric tons, saw a 1.3% rise. Ireland's imports upturned by 5.92%, moving to 4.0 thousand metric tons. The United States' imports surged 8.45% to 3.0 thousand metric tons. Other notable import volumes came from Switzerland, the United Arab Emirates, and Nepal, each with static figures, maintaining small but steady levels. Minor importers like Afghanistan, Cyprus, South Korea, and Kuwait recorded no change in their import volumes.
Looking towards 2024, China is expected to maintain its dominance in sugar cane imports but with potential volatility. Emerging markets such as Laos and Saudi Arabia are anticipated to continue their upward trends, albeit at varying growth rates. The United States could see sustained growth, driven by its increasing demand. Observers should appraise potential policy changes or climatic conditions which could significantly impact future import volumes.
Top countries in Sugar Cane Import Volume by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 120 | 2023 | +0.84% | -0.65% | View data |
| 2 | 2 Laos | 37 | 2023 | +8.82% | +1.12% | View data |
| 3 | 3 Saudi Arabia | 16 | 2023 | 0% | +1.3% | View data |
| 4 | 4 Ireland | 4 | 2023 | 0% | +5.92% | View data |
| 5 | 5 Switzerland | 3 | 2023 | 0% | 0% | View data |
| 6 | 6 United States | 3 | 2023 | 0% | +8.45% | View data |
| 7 | 7 United Arab Emirates | 2 | 2023 | 0% | 0% | View data |
| 8 | 8 Nepal | 2 | 2023 | 0% | View data | |
| 9 | 9 Afghanistan | 1 | 2023 | 0% | 0% | View data |
| 10 | 10 Cyprus | 1 | 2023 | 0% | 0% | View data |
