Sugar decreased 0.21 Cents/LB or 1.07% since the beginning of 2025, 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 March of 2025.

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.

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.

Sugar Price Index in World increased to 118.50 Index Points in February from 111.20 Index Points in January of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

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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

Get a glance at the market report of share of various segments Request Free Sample

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 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.

Thailand Export Price fob: USD: Raw Sugar data was reported at 283.580 USD/1000 kg in Oct 2018. This records a decrease from the previous number of 290.030 USD/1000 kg for Sep 2018. Thailand Export Price fob: USD: Raw Sugar data is updated monthly, averaging 355.005 USD/1000 kg from Jan 2005 (Median) to Oct 2018, with 166 observations. The data reached an all-time high of 617.930 USD/1000 kg in Oct 2011 and a record low of 175.017 USD/1000 kg in Jan 2005. Thailand Export Price fob: USD: Raw Sugar 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.P008: Sugar Export Price.

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.

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.

Average Wholesale Price: Sugar: Local: East Kalimantan: Samarinda Municipality data was reported at 16,950.000 IDR/kg in 25 Mar 2025. This stayed constant from the previous number of 16,950.000 IDR/kg for 24 Mar 2025. Average Wholesale Price: Sugar: Local: East Kalimantan: Samarinda Municipality data is updated daily, averaging 12,000.000 IDR/kg from Jul 2017 (Median) to 25 Mar 2025, with 1932 observations. The data reached an all-time high of 18,000.000 IDR/kg in 26 Jun 2024 and a record low of 9,750.000 IDR/kg in 12 Jun 2019. Average Wholesale Price: Sugar: Local: East Kalimantan: Samarinda Municipality 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.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Raw Cane Sugar and Sugarcane Mill Products and Byproducts (WPU025201) from Dec 1977 to Feb 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

Graph and download economic data for Producer Price Index by Industry: Sugar Manufacturing (PCU3113131131) from Dec 2003 to Feb 2025 about sugar, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Industry: Cane Sugar Manufacturing: Primary Products (PCU311314311314P) from Dec 2011 to Feb 2025 about refined, sugar, mills, primary, PPI, industry, inflation, price index, indexes, price, and USA.

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.

Average Wholesale Price: Sugar: Local: Aceh: Lhokseumawe Municipality: Lhokseumawe Municipality Wholesale Trader data was reported at 18,500.000 IDR/kg in 25 Mar 2025. This stayed constant from the previous number of 18,500.000 IDR/kg for 24 Mar 2025. Average Wholesale Price: Sugar: Local: Aceh: Lhokseumawe Municipality: Lhokseumawe Municipality Wholesale Trader data is updated daily, averaging 13,000.000 IDR/kg from Jul 2017 (Median) to 25 Mar 2025, with 1944 observations. The data reached an all-time high of 20,000.000 IDR/kg in 01 Apr 2020 and a record low of 9,950.000 IDR/kg in 24 Jan 2018. Average Wholesale Price: Sugar: Local: Aceh: Lhokseumawe Municipality: Lhokseumawe Municipality Wholesale Trader 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.

Average Wholesale Price: Sugar: Local: Bali: Denpasar Municipality: Denpasar Municipality Wholesale Trader data was reported at 17,750.000 IDR/kg in 25 Mar 2025. This stayed constant from the previous number of 17,750.000 IDR/kg for 24 Mar 2025. Average Wholesale Price: Sugar: Local: Bali: Denpasar Municipality: Denpasar Municipality Wholesale Trader data is updated daily, averaging 11,950.000 IDR/kg from Jul 2017 (Median) to 25 Mar 2025, with 1944 observations. The data reached an all-time high of 17,850.000 IDR/kg in 12 Feb 2025 and a record low of 9,700.000 IDR/kg in 12 Feb 2019. Average Wholesale Price: Sugar: Local: Bali: Denpasar Municipality: Denpasar Municipality Wholesale Trader 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.

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.

Graph and download economic data for Harmonized Index of Consumer Prices: Sugar, Jam, Honey, Chocolate and Confectionery for France (CP0118FRM086NEST) from Jan 1996 to Feb 2025 about honey, JAM, chocolate, confectionery, sugar, France, harmonized, CPI, price index, indexes, and price.