![Brazil - Sugar - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/brazil-sugar-market-analysis-forecast-size-trends-and-insights.webp)
Brazil - Sugar - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingSugar Price in Brazil - 2023
Contents:
- Sugar Price in Brazil (FOB) - 2022
- Sugar Price in Brazil (CIF) - 2022
- Sugar Exports in Brazil
- Sugar Imports in Brazil
Sugar Price in Brazil (FOB) - 2022
The average sugar export price stood at $394 per ton in 2022, rising by 19% against the previous year. In general, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 19%. Over the period under review, the average export prices hit record highs at $514 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Iran ($435 per ton) and Canada ($403 per ton), while the average price for exports to Malaysia ($375 per ton) and Nigeria ($377 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iraq (+1.5%), while the prices for the other major destinations experienced a decline.
Sugar Price in Brazil (CIF) - 2022
In 2022, the average sugar import price amounted to $1,322 per ton, picking up by 15% against the previous year. In general, the import price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2015 an increase of 252% against the previous year. As a result, import price attained the peak level of $9,760 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($1,507 per ton), while the price for the United States totaled $1,269 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Paraguay (+30.0%), while the prices for the other major suppliers experienced a decline.
Sugar Exports in Brazil
In 2022, overseas shipments of sugar decreased by -4.4% to 24M tons, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +11.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -13.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 60% against the previous year. As a result, the exports attained the peak of 28M tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sugar exports expanded significantly to $9.5B in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +95.2% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 59%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Sugar in Brazil (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 389 | 1,275 | 1,402 | 1,690 | 63.2% |
Algeria | 632 | 671 | 773 | 773 | 6.9% |
Nigeria | 415 | 439 | 595 | 639 | 15.5% |
Morocco | 208 | 402 | 397 | 631 | 44.8% |
Canada | 143 | 266 | 425 | 495 | 51.3% |
Indonesia | N/A | 468 | 352 | 494 | 2.7% |
Bangladesh | 473 | 630 | 573 | 453 | -1.4% |
United Arab Emirates | 224 | 298 | 309 | 449 | 26.1% |
Saudi Arabia | 398 | 371 | 425 | 416 | 1.5% |
Egypt | 181 | 255 | 316 | 411 | 31.4% |
Malaysia | 82.3 | 385 | 427 | 385 | 67.2% |
Iran | 165 | 52.4 | 259 | 369 | 30.8% |
Iraq | 269 | 346 | 228 | 284 | 1.8% |
Others | 1,301 | 1,893 | 1,903 | 2,038 | 16.1% |
Total | 4,882 | 7,751 | 8,383 | 9,528 | 25.0% |
Top Export Markets for Sugar from Brazil in 2022:
- China (4.3M tons)
- Algeria (2.0M tons)
- Nigeria (1.7M tons)
- Morocco (1.6M tons)
- Indonesia (1.3M tons)
- Canada (1.2M tons)
- Bangladesh (1.2M tons)
- Saudi Arabia (1.1M tons)
- Egypt (1.1M tons)
- United Arab Emirates (1.1M tons)
- Malaysia (1.0M tons)
- Iran (0.8M tons)
- Iraq (0.7M tons)
Sugar Imports in Brazil
In 2022, after three years of growth, there was significant decline in supplies from abroad of sugar, when their volume decreased by -31.8% to 1.3K tons. In general, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 90% against the previous year. As a result, imports reached the peak of 1.9K tons, and then shrank significantly in the following year.
In value terms, sugar imports declined notably to $1.7M in 2022. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by 100% against the previous year. As a result, imports reached the peak of $2.1M, and then reduced dramatically in the following year.
Import of Sugar in Brazil (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 667 | 359 | 2,050 | 1,555 | 32.6% |
Belgium | 7.4 | 5.7 | 2.6 | 51.1 | 90.4% |
United Arab Emirates | 507 | 666 | 62.7 | N/A | -64.8% |
Others | 58.0 | 36.8 | 24.9 | 77.0 | 9.9% |
Total | 1,240 | 1,068 | 2,141 | 1,683 | 10.7% |
Top Suppliers of Sugar to Brazil in 2022:
- United States (1224.7 tons)
- Belgium (33.9 tons)
This report provides an in-depth analysis of the sugar market in Brazil. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 162 - Sugar, Raw Centrifugal
- FCL 163 - Sugar, Non-Centrifugal
Country coverage:
- Brazil
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Brazil
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the sugar market in Brazil.
This report provides an in-depth analysis of the raw cane sugar market in Brazil.
This report provides an in-depth analysis of the market for flavoured refined cane sugar in Brazil.
This report provides an in-depth analysis of the refined cane sugar market in Brazil.
This report provides an in-depth analysis of the market for refined white cane sugar in Brazil.
This report provides an in-depth analysis of the global sugar market.
Global Raw Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global raw cane sugar market.
Global Flavoured Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for flavoured refined cane sugar.
Global Refined Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global refined cane sugar market.
Global Refined White Cane Sugar Market Report 2018. This report provides an in-depth analysis of the global market for refined white cane sugar.
From January to August 2021, Brazil’s exported 23.7M tons, which was 26% larger than in the same period of 2020. This year, China’s sugar purchases from Brazil have doubled, reaching 4M tons. Shipments to Algeria, Nigeria, Saudi Arabia, Malaysia, Canada, and the United Arab Emirates have also grown sharply. Last year, sugar exports from Brazil hit record 27M tons, jumping by +67% y-o-y. In value terms, exports constituted $7.4B. China, Algeria and Bangladesh were the largest importers of Brazilian sugar in 2020.
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.
This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.
The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. This figure reflects the...
The global sugar market revenue amounted to $99.9B in 2017, increasing by 13% against the previous year. This figure refle...
Discover the top import markets for sugar worldwide and the key statistics behind these markets. Learn about the leading countries importing sugar and their import values. Stay informed about the global sugar trade trends.
In value terms, cane and beet sugar and sucrose imports totaled $X in 2016. Overall, it indicated a perceptible growth from 2007 to 2016: the total imports value increased at an average annual rate ...
In value terms, cane and beet sugar and sucrose exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X>
From January to August 2021, Brazil’s exported 23.7M tons, which was 26% larger than in the same period of 2020. This year, China’s sugar purchases from Brazil have doubled, reaching 4M tons. Shipments to Algeria, Nigeria, Saudi Arabia, Malaysia, Canada, and the United Arab Emirates have also grown sharply. Last year, sugar exports from Brazil hit record 27M tons, jumping by +67% y-o-y. In value terms, exports constituted $7.4B. China, Algeria and Bangladesh were the largest importers of Brazilian sugar in 2020.
Discover the top import markets for sugar, including China, the United States, Indonesia, Bangladesh, and South Korea, and their importance in meeting global sugar demand. Gain valuable insights from the IndexBox market report on the sugar industry.