Sugar fell to 15.53 USd/Lbs on October 17, 2025, down 1.71% from the previous day. Over the past month, Sugar's price has risen 0.98%, but it is still 29.83% 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 October of 2025.

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

The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total **** 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 ****** 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 ** billion U.S. dollars, a ** percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between ** to ** billion U.S. dollars . Sugar production and consumption As of 2023/2024, sugar production worldwide was about *** million metric tons, a ** percent increase from 2010/2011. The production value is forecasted to increase by just over * million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over * million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over ** percent from 2010/2011 to 2023/2024.

View monthly updates and historical trends for US Sugar Futures Price. Source: International Monetary Fund. Track economic data with YCharts analytics.

Sugar Price Index in World decreased to 99.40 Index Points in September from 103.60 Index Points in August of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

Explore the world of sugar futures, financial contracts that let investors hedge or profit from price changes. Discover how factors like weather, government policies, and market dynamics impact sugar prices, and learn how companies and speculators navigate this complex landscape on exchanges like ICE and NYMEX.

Sugar futures show stable pricing with moderate activity, as trading volume dipped but open interest rose, reflecting steady market engagement.

Thailand Raw Sugar Prices: Next 15 Months data was reported at 11.750 THB/USD in Sep 2018. This records an increase from the previous number of 11.510 THB/USD for Aug 2018. Thailand Raw Sugar Prices: Next 15 Months data is updated monthly, averaging 14.770 THB/USD from Jan 2015 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 22.230 THB/USD in Oct 2016 and a record low of 11.510 THB/USD in Aug 2018. Thailand Raw Sugar Prices: Next 15 Months 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.

The FAO Sugar Price Index was measured at 103.6 points for August 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, total sugar consumption worldwide increased slightly in previous years. In 2010/11, the global consumption of sugar amounted to about 156 million metric tons. By 2024/25, it had increased to about 174 million metric tons. However, the market value of the global sugar industry has fluctuated and generally declined over the years. In 2012, the global sugar manufacturing industry was valued at over 113 billion U.S. dollars, compared to an estimated 78.1 billion U.S. dollars in 2023. Global sugar exports Total estimated global sugar exports amount to more than 65 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 3.5 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 3.12 million metric tons of sugar annually.

Global sugar prices have dropped due to surplus forecasts, with futures falling significantly. Increased production in major countries contributes to this trend, though some market support remains possible.

Thailand Refined Sugar Prices: Next 30 Months data was reported at 348.770 THB/USD in Sep 2018. This records an increase from the previous number of 342.730 THB/USD for Aug 2018. Thailand Refined Sugar Prices: Next 30 Months data is updated monthly, averaging 418.485 THB/USD from Jul 2014 (Median) to Sep 2018, with 26 observations. The data reached an all-time high of 536.250 THB/USD in Oct 2016 and a record low of 342.730 THB/USD in Aug 2018. Thailand Refined Sugar Prices: Next 30 Months 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.P011: Refined Sugar Price in London Future Market: Forecast.

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Raw Sugar Market Size 2025-2029

The raw sugar market size is valued to increase USD 152.7 million, at a CAGR of 2.3% from 2024 to 2029. Rise in demand for raw sugar in food and beverage applications will drive the raw sugar market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 45% growth during the forecast period.
By Product - Liquid sugar segment was valued at USD 765.70 million in 2023
By Type - Conventional segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 14.37 million
Market Future Opportunities: USD 152.70 million
CAGR : 2.3%
APAC: Largest market in 2023

Market Summary

The market encompasses the production, distribution, and consumption of raw sugar, a fundamental sweetener in various industries. Key applications include food and beverage manufacturing, where raw sugar's distinctive taste and properties contribute to the production of a wide range of products. A significant market driver is the rising demand for raw sugar in this sector, particularly due to increasing consumer preferences for natural and organic food items. Another influential factor is the emergence of e-commerce platforms, enabling easier access to raw sugar for businesses and consumers alike.
However, the market faces challenges, such as high production costs, which can impact profitability. According to recent reports, raw sugar accounts for approximately 70% of the global sugar market share. This dynamic market continues to unfold, with ongoing trends and patterns shaping its future.

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

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How is the Raw Sugar Market Segmented and what are the key trends of market segmentation?

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.

Raw sugar undergoes a transformation into liquid sugar through the addition of water, resulting in a viscous syrup that offers convenience and versatility for manufacturers. This form of sugar is extensively utilized in various industries, particularly in the production of beverages like carbonated soft drinks, sports drinks, and juices. Its quick and even dissolution properties make it an indispensable ingredient, ensuring consistent product texture and flavor. In the baking sector, liquid sugar is employed for creating cakes, cookies, and pastries. Its stability is a significant advantage, allowing manufacturers to maintain precise control over their products' characteristics. According to recent studies, the adoption of liquid sugar in the food and beverage industry has experienced a notable increase of around 18%, underscoring its growing popularity.

Moreover, advancements in sensor technologies and sugar refining processes have led to improvements in reducing sugars content, resulting in higher sugar purity. Centrifugal separation and byproduct valorization techniques have been instrumental in optimizing sugarcane processing efficiency. Wastewater treatment and polarization degree measurement are essential components of quality control systems, ensuring the production of superior sugar. Data Analytics applications, such as process control algorithms, have enabled predictive modeling and energy efficiency improvements, contributing to the sugar industry's ongoing evolution. Automation technologies and process optimization strategies have also played a crucial role in enhancing productivity and reducing costs. The production of molasses, a byproduct of sugar refining, has gained significant attention due to its potential applications in various industries.

Turbidity measurement and color removal techniques are essential for maintaining the desired clarity in sugarcane juice clarification. Crystallization process advancements, including crystal size distribution and predictive modeling, have led to more

Thailand Refined Sugar Prices: Next 9 Months data was reported at 330.500 THB/USD in Sep 2018. This records an increase from the previous number of 315.300 THB/USD for Aug 2018. Thailand Refined Sugar Prices: Next 9 Months data is updated monthly, averaging 399.040 THB/USD from Jan 2014 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 543.680 THB/USD in Sep 2016 and a record low of 315.300 THB/USD in Aug 2018. Thailand Refined Sugar Prices: Next 9 Months 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.P011: Refined Sugar Price in London Future Market: Forecast.

Explore the notable decrease in sugar futures trading volumes and its implications on market activity and trader expectations.

Thailand Raw Sugar Prices: Next 3 Months data was reported at 11.820 THB/USD in Apr 2018. This records a decrease from the previous number of 12.830 THB/USD for Mar 2018. Thailand Raw Sugar Prices: Next 3 Months data is updated monthly, averaging 14.285 THB/USD from Jan 2015 (Median) to Apr 2018, with 16 observations. The data reached an all-time high of 20.410 THB/USD in Jan 2017 and a record low of 11.820 THB/USD in Apr 2018. Thailand Raw Sugar Prices: Next 3 Months 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.

China Settlement Price: ZCE: White Sugar: 2nd Month data was reported at 5,947.000 RMB/Ton in 13 May 2025. This records a decrease from the previous number of 5,950.000 RMB/Ton for 12 May 2025. China Settlement Price: ZCE: White Sugar: 2nd Month data is updated daily, averaging 5,616.500 RMB/Ton from Jan 2006 (Median) to 13 May 2025, with 4700 observations. The data reached an all-time high of 7,771.000 RMB/Ton in 12 Aug 2011 and a record low of 4,037.000 RMB/Ton in 15 Sep 2014. China Settlement Price: ZCE: White Sugar: 2nd Month data remains active status in CEIC and is reported by Zhengzhou Commodity Exchange. The data is categorized under World Trend Plus’s Commodity Market – Table CN.ZB: Zhengzhou Commodity Exchange: Commodity Futures: Settlement Price: Daily. [COVID-19-IMPACT]

Discover the factors driving the recent increase in sugar futures prices, including USDA import limits and global production forecasts, while considering future market trends and potential surpluses.

Analysis of the recent dip in sugar prices, driven by a strong US dollar and record production forecasts from Brazil and India, despite robust import demand from China.

Analysis of recent sugar price movements, supply factors from Brazil and India, and global market forecasts impacting the sugar trade.

Thailand Raw Sugar Prices: Next 6 Months data was reported at 12.060 THB/USD in Jun 2018. This records an increase from the previous number of 11.830 THB/USD for May 2018. Thailand Raw Sugar Prices: Next 6 Months data is updated monthly, averaging 14.035 THB/USD from Jan 2015 (Median) to Jun 2018, with 24 observations. The data reached an all-time high of 20.090 THB/USD in Feb 2017 and a record low of 11.750 THB/USD in Jun 2015. Thailand Raw Sugar Prices: Next 6 Months 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.