{"id":21393,"date":"2024-10-16T09:38:30","date_gmt":"2024-10-16T09:38:30","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=21393"},"modified":"2024-10-16T09:38:31","modified_gmt":"2024-10-16T09:38:31","slug":"sugar-productivity-in-vietnam-emerges-number-1-in-asean","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2024\/10\/16\/sugar-productivity-in-vietnam-emerges-number-1-in-asean\/","title":{"rendered":"Sugar productivity in Vietnam emerges number 1 in ASEAN"},"content":{"rendered":"\n<p>Sugar productivity in&nbsp;<a href=\"https:\/\/www.selinawamucii.com\/insights\/prices\/vietnam\/sugar\/\"><u>Vietnam<\/u><\/a>&nbsp;has topped that of the cane-rich Association of Southeast Asian Nations (ASEAN), a historical first.<\/p>\n\n\n\n<p>Beating China and Thailand, Vietnam boasted a rate of&nbsp;<a href=\"https:\/\/vietnamnet.vn\/en\/vietnamese-sugar-cane-tops-asean-in-productivity-for-first-time-2332425.html\"><u>6.79 tonnes a hectare<\/u><\/a>&nbsp;in sugar yields for the 2023-24 season.<\/p>\n\n\n\n<p>According to data by the Vietnam Sugarcane and Sugar Association (VSSA), all this is courtesy of investment in Industry 4.0.&nbsp;<\/p>\n\n\n\n<p>4.0 technology aids farmers track down land preparation timings, the best planting spacing, fertilizer usage and maturity.<\/p>\n\n\n\n<p>Besides, the mechanization rate of fields during land preparation is now over 90% in infiltration. This means that Vietnam\u2019s cane farming is almost at par with that of advanced economies.<\/p>\n\n\n\n<p>Arguably, mechanization has insured consecutive rise in cane and sugar production by 166% and 161% respectively&nbsp;between 2020 and 2024.<\/p>\n\n\n\n<p>Sugar mills, too, have benefited from Industry 4-point-0, with mills trialing digitization solutions from the United States and Australia.&nbsp;<\/p>\n\n\n\n<p>One of these is the country\u2019s largest sugar miller, TTC AgriS whose revenue rose by&nbsp;<a href=\"https:\/\/theinvestor.vn\/top-vietnamese-sugar-maker-ttc-agris-sees-net-profit-soar-39-in-fy-2023-2024-d12499.html\"><u>39%&nbsp;<\/u><\/a>year-on-year in the 2023-24 period. This per a September 2024 announcement by the company, which holds 46% domestic sugar market share.<\/p>\n\n\n\n<p>The firm attributes its 747 billion-dong ($29.9 million) profit to sales verging on 1 million tonnes of sugar, 66% of which locally.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"h-sugarcane-yield-19th-globally\"><strong>Sugarcane Yield<\/strong> <strong>19th Globally<\/strong><\/h3>\n\n\n\n<p>While sugar productivity in Vietnam is regionally the best, sugarcane productivity in its part now ranks 19<sup>th<\/sup>&nbsp;globally.<\/p>\n\n\n\n<p>Vietnam yielded&nbsp;<a href=\"https:\/\/link.springer.com\/article\/10.1007\/s12355-024-01434-9\"><u>54 tonnes a hectare<\/u><\/a>&nbsp;in sugarcane in the 2023-24 period, thereby helping ASEAN members contribute 10% of world sugarcane.<\/p>\n\n\n\n<p>Key to this impressive run is the increase in cane fields, which VSSA projects to increase substantially through the 2024-25 season. Meanwhile, Vietnam will still import 126,000 tonnes of the sweetener to diversify the product locally.<\/p>\n\n\n\n<p>Thus, with an impressive yield rate in sugar, Vietnam has emerged a region beater for the first time. This owes to not only technology and mechanization but other production\/commercial factors, which the statistics below illustrate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-vietnam-sugar-statistics\"><strong>Vietnam Sugar Statistics<\/strong><strong><\/strong><\/h2>\n\n\n\n<p>Vietnam is one of the biggest sugarcane- and sugar-producing nations not only in Asia but globally. According to FAOSTAT, the country had an output of approximately&nbsp;<a href=\"#data\/QCL\"><u>10,740,873 tonnes<\/u><\/a>&nbsp;of sugarcane in 2021 or&nbsp;<a href=\"https:\/\/link.springer.com\/article\/10.1007\/s12355-022-01113-7\"><u>0.34%<\/u><\/a>&nbsp;of the global output. More so, this figure rose to 11,083,015 tonnes in 2022. &nbsp;The sugarcane area has also been expanding, with the 2021 acreage at 165,919 hectares while that of 2022 at&nbsp;<a href=\"#data\/QCL\"><u>169,348 hectares<\/u><\/a>.<\/p>\n\n\n\n<p>In sugar production, Vietnam processed&nbsp;<a href=\"https:\/\/worldpopulationreview.com\/country-rankings\/sugar-producing-countries\"><u>1.5 million tonnes<\/u><\/a>&nbsp;of raw sugar in 2022, far behind neighboring Thailand\u2019s 7.6 million tonnes. However, in productivity, Vietnam beats Thailand and the southeast Asia region in 2024 at 6.79 tonnes per hectare.<\/p>\n\n\n\n<p><strong>How has sugarcane yield changed yearly in Vietnam<\/strong>?&nbsp;<\/p>\n\n\n\n<p>In the 2020-21 season, &nbsp;cane yields averaged&nbsp;<a href=\"https:\/\/link.springer.com\/article\/10.1007\/s12355-022-01113-7\"><u>65 tonnes per hectare&nbsp;<\/u><\/a>while in the 2023-24 season 54 tonnes per hectare. In the southwest delta region, yields can however reach as high as&nbsp;<a href=\"https:\/\/link.springer.com\/article\/10.1007\/s12355-022-01113-7\"><u>82 tonnes<\/u><\/a>&nbsp;a hectare. Despite these disparities, Vietnam still held the 19<sup>th<\/sup>&nbsp;position in the global sugarcane yield rate rankings in the 2023-24 season.<\/p>\n\n\n\n<p><strong>How much do Vietnam\u2019s farmers get from cane sales<\/strong>?&nbsp;<\/p>\n\n\n\n<p>In 2024, the farm-gate price of sugarcane rose to between&nbsp;<a href=\"https:\/\/vietnamnet.vn\/en\/vietnamese-sugar-cane-tops-asean-in-productivity-for-first-time-2332425.html\"><u>1.2 and 1.3 million dong<\/u><\/a>&nbsp;($47.98 to $51.97) per tonne. According to VSS, this price marks a rise by 152%, year-on-year.<\/p>\n\n\n\n<p><strong>Where does sugarcane grow<\/strong>?&nbsp;<\/p>\n\n\n\n<p>The provinces of Thanh Hoa and Gia Lai lead in sugarcane plantation. As a whole, the national cane belt consists of&nbsp;<a href=\"https:\/\/link.springer.com\/article\/10.1007\/s12355-022-01113-7\"><u>59.2%<\/u><\/a>&nbsp;hilly terrain and 36.1% flat land, with the rest low-lying areas.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sugar productivity in&nbsp;Vietnam&nbsp;has topped that of the cane-rich Association of Southeast Asian Nations (ASEAN), a historical first. Beating China and Thailand, Vietnam boasted a rate of&nbsp;6.79 tonnes a hectare&nbsp;in sugar yields for the 2023-24 season. According to data by the Vietnam Sugarcane and Sugar Association (VSSA), all this is courtesy of investment in Industry 4.0.&nbsp;&#8230;<\/p>\n","protected":false},"author":3,"featured_media":21394,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v16.3 (Yoast SEO v20.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Sugar productivity in Vietnam emerges number 1 in ASEAN - Selina Wamucii | Food &amp; Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2024\/10\/16\/sugar-productivity-in-vietnam-emerges-number-1-in-asean\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sugar productivity in Vietnam emerges number 1 in ASEAN - Selina Wamucii | Food &amp; Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Sugar productivity in&nbsp;Vietnam&nbsp;has topped that of the cane-rich Association of Southeast Asian Nations (ASEAN), a historical first. Beating China and Thailand, Vietnam boasted a rate of&nbsp;6.79 tonnes a hectare&nbsp;in sugar yields for the 2023-24 season. 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