Czapp Explains: The Philippines’ Sugar Industry

The Philippines usually produces around 2.2m tonnes of sugar each year from around 24m tonnes of cane.


However, the Philippines consumes around 2.5m tonnes of sugar each year and is the fourth largest consumer in Asia.

This means the Philippines no longer makes enough sugar to meet its domestic needs.

As a result, the Philippines regularly imports sugar, mostly from fellow ASEAN member Thailand.

The Philippines also exports sugar to the USA under the American raw sugar quota.

For more information on the Philippines’ sugar market, please subscribe to Czapp Premium.

This Czapp Explainer was Published on the 16th April 2021.

For information on our consultancy offering and other projects, please contact

Czapp Explains: Dry Bulk Contracts

Welcome to the fourth part of Czapp’s course on freight.

We will look at the paperwork involved in the drybulk freight market. “Looking at paperwork” sounds deeply unpleasant, but we’ll try to avoid putting the ‘dry’ into ‘drybulk’.

Stephen Geldart

2 months ago

6 min read

Czapp Explains Physical Differentials

  • Sugar and other commodity prices are often quoted as physical values. 
  • This enables clearer price risk management.  
  • In this explainer we demystify differentials.  

Stephen Geldart

9 months ago

1 min read