Profiles of key players Crookes Plantations, Royal Eswatini Sugar Corporation, Tambankulu Estates and Ubombo Sugar
DUBLIN, March 11, 2022 /PRNewswire/ — The “Sugar Industry in Eswatini 2022” report has been added to from ResearchAndMarkets.com offer.
Eastern Eswatini africa fourth sugar producer and the 25th producer in the world. Sugar is its main export product and represents more than half of the country’s agricultural production. Sugar cane is grown under irrigation in the country’s lowveld on 57,000 hectares of land. The industry is highly regulated and the Eswatini Sugar Association, an umbrella body for all cane growers and millers, markets and sells all sugar and molasses produced in the country.
Sugarcane production in Eswatini is expected to increase slightly in the current year, while sugar production will increase thanks to more sugarcane delivered to sugar mills, better quality of sugarcane and a better rate of sugar recovery. Sugar manufacturers are trying to reduce production costs and improve efficiency and financial performance, and mill recoveries are expected to improve.
Sugar companies are diversifying into new products such as biodegradable plastics, growing new crops, and producing rum, gin, and vodka. Industry players are planning to seize opportunities to supply ethanol to oil companies for blending fuels. The high cost and unreliable supply of electricity is forcing sugar companies to build their own renewable solar power plants, while Eswatini’s vulnerability to drought has led companies to set up storage facilities for water and recycling wastewater. Given the growing trend of using artificial sweeteners, manufacturers in Eswatini are expected to increase the production of these products.
The report focuses on the sugar industry in Eswatini and includes information on the status and size of the industry, major players, developments, company actions, regulations and other influencing factors.
There are profiles of four companies, including Royal Eswatini Sugar Corporation, publicly listed and partly owned by South African RCL Foods, Ubombo Sugar, majority owned by Illovo Sugar, local company Tambankulu Estates and Crookes Plantations, part of the South African Crookes Brothers Group.
Main topics covered:
2. COUNTRY PROFILE
3. INDUSTRY DESCRIPTION
3.1. Industry value chain
3.2. Geographical position
3.3. Industry size
3.4. Key success factors and pain points
4.1. Key trends
4.2. Notable players
4.4. Company actions
4.6. Business development and socio-economic development
7. INFLUENCING FACTORS
7.1. Environmental problems
7.2. Input costs
7.3. Renewable energy
7.5. Economic environment
7.7. Technology, Research and Development (R&D) and Innovation
7.8. Diseases and pests
7.9. Political risks
7.10. Forced evictions
7.15. Food safety
7.16. Government support
8. COMPETITIVE ENVIRONMENT
8.2. Entry barriers
9. SWOT ANALYSIS
11. INDUSTRY ASSOCIATIONS
For more information on this report, visit https://www.researchandmarkets.com/r/ufoxec
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SOURCE Research and Markets