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MECAS(14)06 - China: Future Sugar Prospects

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Publisher: International Sugar Organisation
Format: digital download (PDF), 11.7” × 16.5”
Pages: 38
Publication date: June 2014
Language: English*


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*Also available in French, Russian and Spanish.

In 2013, China purchased a record 4.3 mln tonnes of mainly raw sugar from the world market consolidating its position as the world's largest sugar net-importer. What was originally seen as the inevitable result of a sharp drop in domestic production has continued even after output recovered, with heavy stocks now building up in the country.

In its new study, the ISO revisits China's role in the world sugar market and reviews the recent developments and drivers of China's sweetener market and provides indicative projections of production, consumption, and imports of sugar up to the year 2023.

The paper first presents a general overview of China's sweetener market, its importance in the world sugar economy, and changes in its position on the world sugar map.

The second chapter assesses the main elements of China's sugar policy. We continue our analysis by examining the recent trends and prospects in the use of both caloric and non-caloric sweeteners in China. Then, scenarios for domestic sugar production expansion are evaluated.

The final part of the paper is dedicated to the recent developments in sugar imports, its product structure and key factors behind a significant increase in imports seen in the recent past. The conclusions of the study is focused on the forecasts of the country's future role in the international sugar trade providing indicative levels of the country's import demand during the next decade.

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