This statistic depicts the average annual prices for sugar from 2014 through 2026*. In 2023, the average price for sugar stood at 0.46 nominal U.S. dollars per kilogram.

This statistic depicts the average monthly prices for sugar in the United States, Europe and worldwide from January 2014 through January 2025. In January 2025, the average monthly price for sugar in Europe stood at 0.34 nominal U.S. dollars per kilogram.

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Raw Sugar Market Size 2025-2029

The raw sugar market size is forecast to increase by USD 152.7 million at a CAGR of 2.3% between 2024 and 2029.

The market is experiencing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is particularly prominent in the global food industry, where raw sugar is widely used as a sweetener in baked goods, confectionery, and beverages. Additionally, the emergence of e-commerce platforms has facilitated the easy availability and accessibility of raw sugar to consumers, further fueling market growth. However, the high production cost of raw sugar poses a significant challenge to market participants. Producers must navigate this cost structure to remain competitive and maintain profitability. Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on optimizing production costs, exploring alternative sources of raw materials, and expanding their presence in emerging markets. By staying informed of these market dynamics, businesses can make strategic decisions and operational plans that position them for success in the evolving the market.

What will be the Size of the Raw Sugar Market during the forecast period?

Request Free SampleThe market encompasses the global trade of raw, unrefined sugar derived primarily from the sap of sugarcane. This market exhibits significant volatility due to various factors, including supply and demand dynamics, weather conditions affecting crop production, and geopolitical influences. The market size is substantial, with key applications including food and beverage manufacturing, biofuel blending, and various industrial processes. Raw sugar's versatility extends to various industries, making it an essential ingredient in various sectors. In food and beverage production, it serves as a sweetener, texture modifier, flavoring agent, coloring agent, and bulking agent. In the industrial sector, it is used as a fermentation substrate and natural preservative. The Intercontinental Exchange (ICE) plays a crucial role in the market, providing a platform for trading raw sugar futures and CFD financial instruments. The market is subject to tariff barriers and other trade regulations, which can impact prices and availability. The trend towards clean label and natural products has led to increased demand for raw sugar in certain applications. Biofuel blending also presents a significant growth opportunity for raw sugar, as it is used as a feedstock in the production of bioethanol.

How is this Raw Sugar Industry segmented?

The raw sugar industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductLiquid sugarCrystallized sugarTypeConventionalOrganicGeographyAPACChinaIndiaJapanSouth AmericaBrazilEuropeFranceGermanyItalyUKNorth AmericaUSCanadaMiddle East and Africa

By Product Insights

The liquid sugar segment is estimated to witness significant growth during the forecast period.Raw sugar is a fundamental agricultural commodity used extensively in various industries, including food and beverage manufacturing and biofuel production. According to recent market research, The market size was estimated at around 142.5 million metric tons in 2020, with an average price of USD0.13 per lb. Cane crop is the primary source of raw sugar, accounting for over 70% of the global production. The production mix also includes sugar beet and cane juice. Biofuel ethanol is another significant application of raw sugar, with an estimated 10% of the global sugar output used for this purpose. Median estimates suggest that this trend will continue, leading to a small increase in demand for raw sugar. Poll participants anticipate that the Green Pool, a raw sugar futures contract on The Intercontinental Exchange, will influence sugar prices. The fuel ethanol industry's growth is influenced by crude oil benchmarks and sugar ethanol prices. Cane producers benefit from biofuel blending mandates, while glass manufacturing industries, such as float, sheet, rolled, solar, tempered, laminated, insulated, coated, energy-efficient, and architectural glass, use raw sugar as a natural preservative, texture modifier, fermentation substrate, flavoring agent, and coloring agent. However, tariff barriers, EU sugar policy, climate change, and water scarcity pose challenges to the market's growth. The , , and various research firms like , , and

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The Liquid sugar segment was valued at USD 765.70 million in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 45% to the growth of

The FAO Sugar Price Index was measured at 111.2 points for January 2025. 2023 saw the highest prices since 2011. The combined impact of the coronavirus pandemic, the war in Ukraine, and high inflation rates likely contributed to increasing prices in past years. Global sugar price In 2024, the global sugar price is forecast to decrease by more than ten percent, as compared to 2023. In general, the total sugar consumption worldwide has gradually increased during the last 12 years. In 2010/11, the global consumption of sugar amounted to about 156 million metric tons. By 2023/24, it had increased to about 177 million metric tons. However, the market value of the global sugar industry has fluctuated over the years. In 2012, the global sugar manufacturing industry was valued at over 113 billion U.S. dollars, compared to just under 78 billion U.S. dollars in 2022. Global sugar exports Total global sugar exports amount to more than 68 million metric tons per year. The leading sugar-exporting country worldwide is Brazil. The South American country is the world’s largest sugar producer and accounts for about half of the entire global sugar exports. Thailand and India are the countries with the second and third most sugar exports worldwide. Those two countries export about 10 and 4.6 million metric tons of sugar per year, respectively. The main importer of sugar worldwide is Indonesia. The Southeast Asian country imports approximately five million metric tons of sugar. The United States ranks in third place, with sugar imports of about 3.1 million metric tons of sugar annually.

Learn about the factors that influence the price of sugar, including global supply and demand, market conditions, regional factors, weather conditions, government policies, and more.

The market price of sugar can fluctuate greatly due to supply and demand, weather conditions, government policies, and global economic trends. This article explains the key factors that influence sugar prices, including supply and demand, weather conditions, government policies, energy prices, and currency exchange rates.

In the United States, the average retail price per pound of granulated sugar was roughly 59.01 U.S. cents in 2021. The price of sugar has fluctuated considerably over the past seventeen years, peaking at almost 70 U.S. cents per pound in 2012.

Sugar production

Within the 2020/2021 period, a total of just under 180 million metric tons of sugar was produced worldwide. This was an increase of roughly 13 and a half million tons compared to the previous year. Close to a quarter of the global 180 million tons was produced by Brazil, the world’s leading producer of sugar during 2020/2021. Other major producers of sugar included India, the EU, and Thailand for that period.

Sugar intake

Within the same marketing period, an estimated 172 million metric tons’ worth of sugar was consumed by people worldwide. Global sugar consumption has been stagnating in recent years. Some of the world’s leading sugar consumers included many of the same top producing countries and regions, namely India, the EU, and China. India’s sugar consumption amounted to some 28 million metric tons during the 2020/2021 period.

The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total 71.5 U.S. dollars per tonnes. This overall decrease does not happen continuously, notably not in 2026, 2027, 2028, 2029, 2030, 2031 and 2032. The global price is estimated to amount to 758.23 U.S. dollars per tonnes in 2032. Notably, the global price of high fructose corn syrup was continuously increasing over the past years.World price refers to the price of commodities outside of one's own country and is determined by global levels of supply and demand. Sugar manufacturing

Sugar manufacturing is a long and meticulous process to execute. The initial steps include cleaning, milling, and clarification; it then moves to evaporation and crystallization, finishing with crystal separation. The sugar is refined before it hits the shelves to ensure all impurities get extracted. In 2023, the sugar manufacturing market value was forecasted at around 78 billion U.S. dollars, a 45 percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between 60 to 90 billion U.S. dollars .

Sugar production and consumption

As of 2023/2024, sugar production worldwide was about 183 million metric tons, a 13 percent increase from 2010/2011. The production value is forecasted to increase by just over 2 million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over 1 million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over 13 percent from 2010/2011 to 2023/2024.

Learn about the various factors that affect the cost of sugar, including global supply and demand, government policies, quality, packaging, and brand reputation. Understand how these factors can influence the price of sugar and make an informed decision when purchasing.

In the fourth quarter of 2023, the price of sugar beets in the United States reached 918 USD/MT by December. Similarly, in France, sugar beet prices hit 2514 USD/MT in the same month. Germany also saw sugar beet prices reaching 1605 USD/MT during Q4 2023. This report delves into the spot price of sugar beets at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed sugar beets price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Brown Sugar Market size was valued at USD 22.41 Billion in 2023 and is projected to reach USD 44.09 Billion by 2030, growing at a CAGR of 9.74% during the forecast period 2024-2030.

Global Brown Sugar Market Drivers

The market drivers for the Brown Sugar Market can be influenced by various factors. These may include:

Consumer Preferences: Since brown sugar is seen as a better option than white sugar, demand for it is driven by shifts in consumer preferences towards natural and less processed sweeteners.

Health Consciousness: As consumers become more conscious of the potential health hazards linked to consuming large amounts of white sugar, they are choosing brown sugar instead, which keeps some of the molasses and minerals found in sugarcane.

Growing Health Concerns: As consumers become increasingly aware of the risks associated with lifestyle diseases like diabetes and obesity, they are searching for alternatives to white sugar. Because brown sugar is less refined than white sugar, they believe it to be a healthier choice.

Food Industry Trends: The demand for brown sugar has increased due to the food industry’s emphasis on natural and organic ingredients. This is because brown sugar fits into the narrative of minimally processed, natural foods and is in line with the clean label movement.

Culinary Applications: The demand for brown sugar is fueled by its unique flavour profile and caramel-like taste, which make it a popular component in a range of culinary applications, such as baking, cooking, and beverage preparation.

Global Production And Trade: Brown sugar production, supply, and prices on the international market can be influenced by variables like weather, crop yields, and governmental policies in major sugarcane-producing nations (such as Brazil, India, China, Thailand, and the United States).

Marketing And Advertising: Successful marketing initiatives that stress the advantages of brown sugar over white sugar—such as its deeper flavour and alleged health benefits—can sway customer decisions and propel the market’s expansion.

Dynamics of Substitution: The availability and cost of substitute sweeteners, such honey and maple syrup, as well as substitute sugars, like stevia or coconut sugar, which have comparable flavour profiles and health advantages, may also have an impact on brown sugar prices.

Economic Factors: A consumer’s purchasing power and, in turn, their demand for brown sugar goods can be impacted by a number of economic factors, including income levels, rates of inflation, and disposable income.

Regulatory Environment: By influencing business practices and customer perceptions, changes in legislation pertaining to food labelling, health claims, and sugar levies may have an effect on the Brown Sugar Market.

This year, world sugar production is expected to rise by 3% to 193M tons. The growth will be encouraged by favorable weather conditions in most of the largest producing countries, as well as the providing exemptions on the neonicotinoid usage against plant diseases and blights in France, Germany and the UK. The drop in sugar production and shipments from Brazil will be offset by large volumes coming from Thailand, which will boost global exports by +2.6% y-o-y. The increased supply in the world market is to keep sugar prices relatively stable over the next two years.

In August 2022, the sugar cane price per ton amounted to $859, picking up by 81% against the previous month.

The global sugar cane market contracted to $1,491B in 2024, stabilizing at the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $1,542.8B. From 2016 to 2024, the growth of the global market failed to regain momentum.

In 2020, the price of sugar cane in Texas was cheaper than any other producing state that year. One ton of sugar cane cost about 23.3 U.S. dollars in Texas compared to 44 U.S. dollars per ton in Louisiana. By 2031, the global price for one metric ton of sugar is expected to reach approximately 721 U.S. dollars.

White Sugar: White sugar is the most common and refined type of industrial sugar, widely used in a range of applications including baking, confectionery, and food processing. Its high purity, neutral taste, and uniform particle size make it suitable for various manufacturing processes.

Brown Sugar: Brown sugar is less refined than white sugar and contains molasses, giving it a distinctive brown color, rich flavor, and moist texture. It is commonly used in baking and desserts, adding depth and complexity to the taste.


Cane Sugar: Cane sugar is obtained from sugarcane and is the primary source of sugar in many tropical and subtropical regions, such as Brazil, India, and Thailand. It is characterized by its light brown color and mild, molasses-like flavor.


Beet Sugar: Beet sugar is obtained from sugar beets and is more common in temperate regions, particularly in Europe and North America. It is known for its high sucrose content and slightly earthy flavor.


Organic Sugar: Organic sugar is produced without the use of synthetic pesticides or fertilizers, adhering to strict organic farming standards. It is gaining popularity among consumers seeking natural and healthier food products.


Conventional Sugar: Conventional sugar refers to sugar produced using traditional methods without adhering to organic standards. It is still widely used in various industrial applications due to its cost-effectiveness.


Powdered Sugar: Powdered sugar, also known as confectioner's sugar, is a finely ground sugar that is used as a dusting or coating agent in baking and confectionery products. Its fine texture allows for easy incorporation and a smooth, powdery finish.


Syrup: Sugar syrup is a liquid form of sugar that is widely used in baking, beverages, and various other applications. It provides a concentrated sweetness and adds moisture to products, while also being used as a glazing agent or sweetener in beverages.


Granulated Sugar: Granulated sugar is a coarse-grained sugar that is used as a sweetener in coffee, tea, and various other food and beverage products. Its larger crystals provide a crunchy texture and dissolve slowly, releasing sweetness over time.

Recent developments include: For sugar producers, the low prices meant lower revenues and profits, which could make it difficult for them to invest in their operations and maintain production levels. Some sugar producers responded to the low prices by reducing their production levels or temporarily shutting down their operations. For buyers of industrial sugar, the low prices may have initially seemed like a positive development, as it would have made sugar more affordable. However, the sharp price decline also made it difficult for buyers to plan and budget for their sugar needs. It may have been unsure whether the low prices were temporary or long-lasting, making it challenging to make long-term purchasing decisions. Other factors can also contribute to fluctuating prices in the market of industrial sugar including weather patterns, government policies, and global economic conditions. As a result, it's important for buyers and producers in the Industrial Sugar Market to closely monitor market conditions and adjust their strategies accordingly to navigate through periods of fluctuating prices.. Notable trends are: Rising Population And Urbanization.

The sugar spot price refers to the current market price of sugar that is available for immediate delivery or purchase. It represents the cost at which sugar is traded on commodity exchanges, such as the Intercontinental Exchange (ICE) or New York Mercantile Exchange (NYMEX). Factors influencing the spot price include global supply and demand dynamics, weather conditions, government policies, and macroeconomic factors. The spot price is quoted in cents per pound or dollars per metric ton and is important for

According to Cognitive Market Research, the global Organic Sugar market size is USD 715.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 11.50% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 286.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 214.77 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 164.66 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5 % from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 35.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.9% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 14.32 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.2% from 2024 to 2031.
The Sugarcane held the highest Organic Sugar market revenue share in 2024.

Market Dynamics of Organic Sugar Market

Key Drivers for Organic Sugar Market

Growing health consciousness to Increase the Demand Globally

As the health focus grows, customers are favoring herbal, minimally processed ingredients, leading to a surge in demand for organic sugar. Despite being calorically equivalent to conventional sugar, organic sugar is perceived as a healthier alternative due to its minimally processed nature. This trend displays a heightened focus on the health risks related to immoderate sugar consumption, prompting individuals to are looking for alternatives without sacrificing sweetness. The desire for organic sugar underscores a shift toward mindful eating conduct and a choice for transparency in meal alternatives. This purchaser conduct indicators a broader motion in the direction of holistic wellbeing and a deeper understanding of the impact of nutritional choices on normal health.

Government support for organic farming to Propel Market Growth

Governments global are championing natural farming thru subsidies and incentives, fostering the enlargement of organic sugar production. These supportive measures not only sell environmentally sustainable practices but also decorate accessibility to Organic Sugar for purchasers. By incentivizing farmers to undertake natural methods, governments stimulate elevated yields and force down production prices, in the long run making Organic Sugar less expensive and widespread. Such governmental aid displays a commitment to fostering agricultural practices that prioritize environmental stewardship and public health. Moreover, it signifies the popularity of the developing consumer demand for organic merchandise and the importance of assisting farmers in transitioning to more sustainable farming techniques. This concerted effort aligns with international tasks aimed toward fostering a greater resilient and sustainable meal gadget.

Restraint Factor for the Organic Sugar Market

Higher price point to Limit the Sales

The higher rate of Organic Sugar, stemming from decreased yields in natural farming, gives an assignment for a few purchasers, in particular those in price-touchy markets. While the blessings of Organic Sugar are identified, the top-class pricing can deter finances-conscious individuals from choosing it over traditional sugar. This price disparity displays the additional expenses worried in natural farming practices, along with certification, exertions-in depth strategies, and smaller yields in step with acre. Despite the better fee point, patron call for Organic Sugar keeps on to upward thrust, pushed by health and environmental worries. To deal with affordability limitations, projects inclusive of authorities subsidies and extended performance in natural farming techniques are important. Efforts to bridge the charge hole could make Organic Sugar extra available and assist the transition to sustainable agricultural practices on a broader scale.

Impact of Covid-19 on the Organic Sugar Market

The organic sugar marketplace faced both demanding situations and opportunities amid the COVID-19 pandemic. Initially, disruptions in supply chains and hard work shortages affected production and distribution, leading...

Producer Price: Net: Quoted Sugar data was reported at 1,421.455 PLN/Ton in Oct 2018. This records a decrease from the previous number of 1,505.537 PLN/Ton for Sep 2018. Producer Price: Net: Quoted Sugar data is updated monthly, averaging 2,368.831 PLN/Ton from Nov 2004 (Median) to Oct 2018, with 168 observations. The data reached an all-time high of 3,965.680 PLN/Ton in Mar 2011 and a record low of 1,272.007 PLN/Ton in Jun 2018. Producer Price: Net: Quoted Sugar data remains active status in CEIC and is reported by Ministry of Agriculture and Rural Development. The data is categorized under Global Database’s Poland – Table PL.P001: Producer Price: Sugar. Prior to October 2017 Sugar Price covers quoted sugar. Since October 2017 the sugar quota system ceased to be applied.

Sugar Price in Portugal - 2023. Find the latest marketing data on the IndexBox platform.