Vietnam Sugar Standard Report Q2/2019
VIETNAM SUGAR INDUSTRY
According to USDA forecast, the world sugar volume in the crop 2018/2019 will decrease by 4 million tons compared to the previous forecast; however, it will be still at high level, rising by x% compared to the crop 2017/2018.
The world sugar consumption has been increasing for years. The average sugar consumption per person has increased continuously from x kg/person in 2012 to x kg/person in 2018 with a CAGR of x% in the whole period.
Compared to the world sugar industry, Vietnam stands the xth position in sugar growing area and volume. The sugar production volume fluctuated quite closely to the fluctuation of the sugar cane production. When the sugar cane volume increases, the sugar supply tends to increase because after being harvested, sugar cane must be put into production of finished products and be warehoused or it will be damaged and can not last long. According to Vietnam sugar cane association, in the end of season 2018/2019, the sugar volume in Vietnam is forecasted to decrease by x% compared to the crop 2017/2018.
The sugar consumption volume in crop 2017/2018 increased by x% compared to the previous crop. Although it has risen pretty dramatically, the sugar consumption of Vietnamese people is still low compared to other countries in the region and the world average level.
Vietnam's sugar price correlates quite closely with the world sugar price because Vietnam often has to import sugar, but the sugar price is different among domestic regions. In the first 9 months of 2019 in the crop 2018/2019, Vietnam sugar price went on a downward tendency and still maintained low level due to the effects of the price tendency of the world market.
According to USDA forecast, the world sugar volume in the crop 2018/2019 will decrease by 4 million tons compared to the previous forecast; however, it will be still at high level, rising by x% compared to the crop 2017/2018.
The world sugar consumption has been increasing for years. The average sugar consumption per person has increased continuously from x kg/person in 2012 to x kg/person in 2018 with a CAGR of x% in the whole period.
Compared to the world sugar industry, Vietnam stands the xth position in sugar growing area and volume. The sugar production volume fluctuated quite closely to the fluctuation of the sugar cane production. When the sugar cane volume increases, the sugar supply tends to increase because after being harvested, sugar cane must be put into production of finished products and be warehoused or it will be damaged and can not last long. According to Vietnam sugar cane association, in the end of season 2018/2019, the sugar volume in Vietnam is forecasted to decrease by x% compared to the crop 2017/2018.
The sugar consumption volume in crop 2017/2018 increased by x% compared to the previous crop. Although it has risen pretty dramatically, the sugar consumption of Vietnamese people is still low compared to other countries in the region and the world average level.
Vietnam's sugar price correlates quite closely with the world sugar price because Vietnam often has to import sugar, but the sugar price is different among domestic regions. In the first 9 months of 2019 in the crop 2018/2019, Vietnam sugar price went on a downward tendency and still maintained low level due to the effects of the price tendency of the world market.
Abbreviations
Summary
1. BUSINESS ENVIRONMENT
1.1. Macroeconomic Situation
1.2. Legal barriers
2. WORLD SUGAR MARKET
2.1. Overview of sugar industry
2.1.1. Overview of the sweetener market
2.1.2. Value chain of the world sugar industry
2.2 Production
2.3 Consumption
3. VIETNAM SUGAR INDUSTRY
3.1 History of Vietnam sugar industry
3.2 Some characteristics of Vietnam sugar industry
3.3 Manufacturing process and technology
3.4 Materials
3.5 Production
4. VIETNAM SUGAR INDUSTRY PLAN
5. PROSPECCTS AND FORECAST
6. ENTERPRISE ANALYSIS
6.1 Enterprise introduction
6.2 Financial analysis
Appendix
Summary
1. BUSINESS ENVIRONMENT
1.1. Macroeconomic Situation
1.2. Legal barriers
2. WORLD SUGAR MARKET
2.1. Overview of sugar industry
2.1.1. Overview of the sweetener market
2.1.2. Value chain of the world sugar industry
2.2 Production
2.3 Consumption
3. VIETNAM SUGAR INDUSTRY
3.1 History of Vietnam sugar industry
3.2 Some characteristics of Vietnam sugar industry
3.3 Manufacturing process and technology
3.4 Materials
3.5 Production
4. VIETNAM SUGAR INDUSTRY PLAN
5. PROSPECCTS AND FORECAST
6. ENTERPRISE ANALYSIS
6.1 Enterprise introduction
6.2 Financial analysis
Appendix
LIST OF TABLES
Table 1: Type of sugar in countries and territories
Table 2: Situation of sugar production in regions of Vietnam, 2017/2018
Table 3: List of sugar plants with total installed capacity and current generation status on the grid (as of 2017/2018 crop year)
Table 4: List of Vietnamese sugar factories
Table 1: Type of sugar in countries and territories
Table 2: Situation of sugar production in regions of Vietnam, 2017/2018
Table 3: List of sugar plants with total installed capacity and current generation status on the grid (as of 2017/2018 crop year)
Table 4: List of Vietnamese sugar factories
LIST OF FIGURES
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Growth rate of total retail sales of consumer goods and services, 2011 -
9M/2019 (excluding the price factor)
Figure 3: Total population and population structure in working age, 2010 - 2018
Figure 4: Vietnam consumption of sugar per capita, 2010 - 2019f
Figure 5: Consumption of sweeteners, 2000-2018
Figure 6: HFCS production structure by country, 2018
Figure 7: Market share of artificial sweeteners, 2017
Figure 8: World sugar production by type, 2005/2006 - 2018/2019f (*)
Figure 9: Structure of world sugar production by type, crop 2017/2018e
Figure 10: Sugar production volume of major regions in the world, crop year 2017/2018 - 2018/2019
Figure 11: World sugar production structure by country, crop 2018/2019
Figure 12: Type of sugar in countries and territories
Figure 13: Sugar production cost and average monthly salary in some countries, 2017
Figure 14: Labor cost to total sugar production cost ratio, 2017
Figure 15: World sugar consumption, crop year 2008/2009 - 2018/2019
Figure 16: Sugar consumption per capita in the world, 2012-2018e
Figure 17: World sugar consumption structure by region, 2018
Figure 18: Sugar consumption per capita by region, 2000 - 2018
Figure 19: World sugar exports, 2008/2009 - 2018/2019
Figure 20: Revenue and profit of sugar industry, 2010 - 2017
Figure 21: Vietnam sugar production, 2009/2010 - 2018/2019
Figure 22: Molasses production of Vietnam, 2010 - 2018
Figure 23: Vietnam sugar consumption, 2010/2011 - 2018/2019
Figure 24: Vietnam consumption of sugar per capita, 2010 - 2019f
Figure 25: Value of Vietnam sugar imports over months, 2016 - 2019
Figure 26: Structure of imported sugar by type, 6M/2019
Figure 27: Structure of Vietnam sugar import market, 6M / 2019
Figure 28: Export value of Vietnam sugar, 2016 - 2018
Figure 29: Ending stock of Vietnam sugar, 2010 – 2019f
Figure 30: Wholesale and retail prices for domestic roads, 1/2016 - 6/2019
Figure 31: World sugar prices, 6/2016 - 9/2019
Figure 32: Forecast of production output and consumption, 2013/2014 - 2019/2020f
Figure 33: Sugar consumption per person in the world, 2012-2019f
Figure 34: Forecast of sugar production and consumption, 2015/2016 - 2019/2020f
Figure 35: Net revenue, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 36: Gross profit margin, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 37: Sales expenses, crop year 2016/2017 - 2017/2018 and 2017 - 2018
Figure 38: General and administrative expenses, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 39: Financial activities expenses, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 40: Debt ratio, crop year 2016/2017 - 2017/2018 and 2017 - 2018
Figure 41: Payment index, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 1: GDP growth rate by quarter, 2016 - 2019
Figure 2: Growth rate of total retail sales of consumer goods and services, 2011 -
9M/2019 (excluding the price factor)
Figure 3: Total population and population structure in working age, 2010 - 2018
Figure 4: Vietnam consumption of sugar per capita, 2010 - 2019f
Figure 5: Consumption of sweeteners, 2000-2018
Figure 6: HFCS production structure by country, 2018
Figure 7: Market share of artificial sweeteners, 2017
Figure 8: World sugar production by type, 2005/2006 - 2018/2019f (*)
Figure 9: Structure of world sugar production by type, crop 2017/2018e
Figure 10: Sugar production volume of major regions in the world, crop year 2017/2018 - 2018/2019
Figure 11: World sugar production structure by country, crop 2018/2019
Figure 12: Type of sugar in countries and territories
Figure 13: Sugar production cost and average monthly salary in some countries, 2017
Figure 14: Labor cost to total sugar production cost ratio, 2017
Figure 15: World sugar consumption, crop year 2008/2009 - 2018/2019
Figure 16: Sugar consumption per capita in the world, 2012-2018e
Figure 17: World sugar consumption structure by region, 2018
Figure 18: Sugar consumption per capita by region, 2000 - 2018
Figure 19: World sugar exports, 2008/2009 - 2018/2019
Figure 20: Revenue and profit of sugar industry, 2010 - 2017
Figure 21: Vietnam sugar production, 2009/2010 - 2018/2019
Figure 22: Molasses production of Vietnam, 2010 - 2018
Figure 23: Vietnam sugar consumption, 2010/2011 - 2018/2019
Figure 24: Vietnam consumption of sugar per capita, 2010 - 2019f
Figure 25: Value of Vietnam sugar imports over months, 2016 - 2019
Figure 26: Structure of imported sugar by type, 6M/2019
Figure 27: Structure of Vietnam sugar import market, 6M / 2019
Figure 28: Export value of Vietnam sugar, 2016 - 2018
Figure 29: Ending stock of Vietnam sugar, 2010 – 2019f
Figure 30: Wholesale and retail prices for domestic roads, 1/2016 - 6/2019
Figure 31: World sugar prices, 6/2016 - 9/2019
Figure 32: Forecast of production output and consumption, 2013/2014 - 2019/2020f
Figure 33: Sugar consumption per person in the world, 2012-2019f
Figure 34: Forecast of sugar production and consumption, 2015/2016 - 2019/2020f
Figure 35: Net revenue, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 36: Gross profit margin, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 37: Sales expenses, crop year 2016/2017 - 2017/2018 and 2017 - 2018
Figure 38: General and administrative expenses, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 39: Financial activities expenses, 2016/2017 - 2017/2018 and 2017 - 2018
Figure 40: Debt ratio, crop year 2016/2017 - 2017/2018 and 2017 - 2018
Figure 41: Payment index, 2016/2017 - 2017/2018 and 2017 - 2018
