Sugar rose to 16.75 USd/Lbs on July 17, 2025, up 1.15% from the previous day. Over the past month, Sugar's price has risen 5.28%, but it is still 11.93% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Sugar - values, historical data, forecasts and news - updated on July of 2025.

This statistic depicts the average annual prices for sugar from 2014 through 2026*. In 2024, the average price for sugar stood at 0.45 nominal U.S. dollars per kilogram.

Sugar Price Index in World decreased to 103.70 Index Points in June from 109.40 Index Points in May of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

Graph and download economic data for Global price of Sugar, No. 11, World (PSUGAISAUSDM) from Jan 1990 to Apr 2025 about sugar, World, and price.

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.

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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 witnessing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is being fueled by the expanding food industry, particularly in emerging economies, where sugar consumption is on the rise. Additionally, the emergence of e-commerce platforms has facilitated easier access to raw sugar for consumers and manufacturers, further boosting market growth. However, the high production cost of raw sugar poses a significant challenge for market participants. Producers must navigate this obstacle through efficient production methods, cost optimization, and strategic pricing to remain competitive in the market.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on innovation, cost reduction, and supply chain optimization. By staying agile and responsive to market trends, they can position themselves for long-term success in the dynamic the market.

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

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with various factors shaping its dynamics. Sugarcane and sugar beet supply and demand, production costs, and sustainability are key elements influencing market activities. Biofuel production from sugarcane bagasse and sugar beet residues adds complexity to the market. Sugarcane diseases and pests, as well as transportation challenges, can impact yields and prices. Sugarcane consumption is driven by various applications, including food and beverage industries, ethanol production, and pharmaceuticals. Organic sugar and fair trade sugar are gaining popularity, adding to the market's diversity. Sugarcane juice and molasses are used to produce syrups and other value-added products.

Sugarcane syrup and turbinado sugar cater to specific market segments. Sugarcane cultivation and harvesting techniques, as well as irrigation and fertilizer usage, influence production costs and quality. Sugarcane and sugar beet prices fluctuate based on supply and demand, with imports and exports playing a role in market equilibrium. Traceability and sustainability concerns are increasingly important, influencing consumer preferences and regulations. Sugarcane and sugar beet varieties, processing methods, and storage techniques also impact market trends. Overall, the market remains dynamic, with ongoing shifts in production, consumption, and market conditions.

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.

Product

  Liquid sugar
  Crystallized sugar


Type

  Conventional
  Organic


Base

  Sugarcane-based
  Beet-based


Application

  Food & Beverage Industry
  Biofuel Production
  Pharmaceuticals
  Animal Feed
  Chemicals


End-use Industry

  Food Processing
  Beverage Production
  Ethanol Production
  Pharmaceutical & Personal Care
  Chemical Manufacturing


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    Egypt
    KSA
    Oman
    UAE


  APAC

    China
    India
    Japan


  South America

    Argentina
    Brazil


  Rest of World (ROW)

By Product Insights

The liquid sugar segment is estimated to witness significant growth during the forecast period.

Liquid sugar, derived from raw sugar through the addition of water, is a popular choice among manufacturers due to its convenience and versatility. The sweetener's ability to dissolve quickly and evenly makes it an ideal ingredient for large-scale production of beverages, including carbonated soft drinks, sports drinks, and juices. Additionally, it is widely used in the baking industry for creating cakes, cookies, and pastries. The consistency and stability of liquid sugar enable manufacturers to control the texture and flavor of their products effectively. The sugar beet industry and sugarcane industry serve as the primary sources for raw sugar production.

Sugarcane cultivation, which includes irrigation, fertilization, and pest management, incurs significant production costs. Sugarcane diseases and pests pose challenges to the industry, affecting both yield and quality. Sugarcane bagasse and molasses are by-products used in biofuel production and ethanol manufacturing. Sugar beet cultivation, on the other hand, is practiced in regions with cooler climates. Sugarcane and su

Thailand Raw Sugar Prices: Current Quarter data was reported at 13.570 THB/USD in Feb 2018. This records a decrease from the previous number of 13.980 THB/USD for Jan 2018. Thailand Raw Sugar Prices: Current Quarter data is updated monthly, averaging 14.405 THB/USD from Jan 2015 (Median) to Feb 2018, with 8 observations. The data reached an all-time high of 20.540 THB/USD in Jan 2017 and a record low of 13.310 THB/USD in Feb 2016. Thailand Raw Sugar Prices: Current Quarter data remains active status in CEIC and is reported by Office of the Cane and Sugar Board. The data is categorized under Global Database’s Thailand – Table TH.P010: Raw Sugar Price in New York Future Market: Forecast.

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 international sugar market is influenced by various factors such as supply and demand, weather conditions, government policies, and geopolitical events. Find out how these factors impact the price of sugar and why it is currently experiencing downward pressure in the market.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Beet Sugar (WPU02530702) from Dec 2002 to Jun 2025 about sugar, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Loose, granulated white sugar, regardless of type or packaging size. Excludes brown sugar and artificial sweeteners."

United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts was 211.22200 Index Jun 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts reached a record high of 277.70000 in November of 1974 and a record low of 34.20000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts - last updated from the United States Federal Reserve on July of 2025.

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

泰国 Raw Sugar Prices: Current Quarter在2018-02达13.570 THB/USD，相较于2018-01的13.980 THB/USD有所下降。泰国 Raw Sugar Prices: Current Quarter数据按月度更新，2015-01至2018-02期间平均值为14.405 THB/USD，共8份观测结果。该数据的历史最高值出现于2017-01，达20.540 THB/USD，而历史最低值则出现于2016-02，为13.310 THB/USD。CEIC提供的泰国 Raw Sugar Prices: Current Quarter数据处于定期更新的状态，数据来源于Office of the Cane and Sugar Board，数据归类于Global Database的泰国 – Table TH.P010: Raw Sugar Price in New York Future Market: Forecast。

Global sugar manufacturers have endured fluctuations in global sugar prices over the five years to 2024. Nonetheless, global sugar manufacturers' revenue is anticipated to strengthen at a CAGR of 5.6% to $83.2 billion over the five years to 2024, including a drop of 8.5% in 2024. Brazil is very influential in the industry's health. The country produces and exports the most sugar of any nation and is also the second-largest producer of ethanol, which is often produced from sugarcane. As energy prices have strengthened over the past five years, Brazil has expansively diverted more of its sugar stock toward ethanol production. Brazil's changing production and export levels have impacted the world supply of sugar, which, in turn, has disturbed world sugar prices. For example, prior to the current period, in 2011, when Brazil cut its production of sugar by 2.0 million tons, the world price of sugar shot up 25.6%; the following year, as Brazil boosted production by more than 2.0 million tons, the world price of sugar dropped 18.5%. These fluctuations in production, coupled with other countries following Brazil's lead and diverting their sugar stock toward ethanol production or other more valuable crops, have led revenue for the entire industry to endure intense volatility during the current five-year period. Profit, measured as earnings before interest and taxes, inched upward to 6.1% of revenue in 2024. These factors are expected to continue driving volatility in the world price of sugar and global sugar manufacturers' revenue over the five years to 2029. Despite ongoing fluctuations, the world price of sugar will moderately drop as global demand for sugar and sugar-heavy products dips, along with lower energy prices, which will likely prompt demand for alternative fuel sources, like ethanol. Also, as demand from developing nations continues to swell and as trade barriers are expansively removed, global production and international trade of sugar will strengthen. As a result of these factors, global sugar manufacturers' revenue will drop at a CAGR of an estimated 1.2% over the next five years to $78.5 billion in 2029.

United States - Producer Price Index by Industry: Cane Sugar Manufacturing was 121.61900 Index Dec 2011=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cane Sugar Manufacturing reached a record high of 130.15500 in May of 2024 and a record low of 76.00000 in March of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cane Sugar Manufacturing - last updated from the United States Federal Reserve on July of 2025.

During the 2023/24 crop year, refined sugar in the Philippines was being sold at 88 Philippine pesos, a significant decrease from the prevailing retail price in the previous crop year, which was about 105 Philippine pesos per kilo. The retail price of washed and raw sugar also decreased in this period.

Average Wholesale Price: Sugar: Local: East Java data was reported at 16,200.000 IDR/kg in 16 May 2025. This stayed constant from the previous number of 16,200.000 IDR/kg for 15 May 2025. Average Wholesale Price: Sugar: Local: East Java data is updated daily, averaging 11,800.000 IDR/kg from Jul 2017 (Median) to 16 May 2025, with 1993 observations. The data reached an all-time high of 17,300.000 IDR/kg in 15 Apr 2020 and a record low of 9,650.000 IDR/kg in 17 Dec 2018. Average Wholesale Price: Sugar: Local: East Java data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PC031: Average Wholesale Price: By Regions: Sugar: Local.

United States - Producer Price Index by Commodity: Processed Foods and Feeds: Refined Granulated Cane Sugar and Byproducts was 227.87400 Index Dec 2002=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Processed Foods and Feeds: Refined Granulated Cane Sugar and Byproducts reached a record high of 236.71200 in May of 2024 and a record low of 99.20000 in January of 2003. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Processed Foods and Feeds: Refined Granulated Cane Sugar and Byproducts - last updated from the United States Federal Reserve on June of 2025.

5514 Global exporters importers export import shipment records of Indian cane raw sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.