Get the latest insights on price movement and trend analysis of Refined Sugar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

Sugar rose to 14.79 USd/Lbs on December 2, 2025, up 0.37% from the previous day. Over the past month, Sugar's price has risen 0.99%, but it is still 30.67% 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 December of 2025.

The price of white sugar per ton can vary depending on a variety of factors such as global supply and demand, weather conditions, production costs, and government policies. This article explores the factors that influence sugar prices and provides insight into the dynamics of the sugar market.

This statistic shows the price per ton of refined sugar manufactured in the United Kingdom (UK) from 2008 to 2020. The price of refined sugar was approximately 1,587 British pounds per ton in 2020.

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 94.10 Index Points in October from 99.40 Index Points in September of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

In the first ten months of 2023, the average export price of raw sugar from Thailand was around ***** U.S. dollars per ton. The average export price of raw sugar from Thailand has been increasing over the years.

China Settlement Price: ZCE: White Sugar: 2nd Month data was reported at 5,342.000 RMB/Ton in 02 Dec 2025. This records a decrease from the previous number of 5,355.000 RMB/Ton for 01 Dec 2025. China Settlement Price: ZCE: White Sugar: 2nd Month data is updated daily, averaging 5,489.000 RMB/Ton from Jan 2006 (Median) to 02 Dec 2025, with 4838 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]

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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

Brazil Average Exports Price: Calendar Year: Sugar: Refined data was reported at 366.208 USD/Ton in 2018. This records a decrease from the previous number of 441.254 USD/Ton for 2017. Brazil Average Exports Price: Calendar Year: Sugar: Refined data is updated yearly, averaging 311.962 USD/Ton from Dec 1989 (Median) to 2018, with 30 observations. The data reached an all-time high of 651.670 USD/Ton in 2011 and a record low of 171.613 USD/Ton in 2002. Brazil Average Exports Price: Calendar Year: Sugar: Refined data remains active status in CEIC and is reported by Ministry of Agriculture, Livestock and Supply. The data is categorized under Brazil Premium Database’s Biofuel Sector – Table BR.RZE001: Biofuel Average Exports Price: Alcohol and Sugar.

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.

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

Imports of refined cane or beet sugar in a solid form (excluding white sugar) in Russia totaled X tons in 2017, waning by -X% against the previous year. Overall, imports of refined cane or beet sugar in a solid form (excluding white sugar) continue to indicate a strong growth. The pace of growth was the most pronounced in 2008, an increase of X% y-o-y.

Global sugar manufacturers have endured fluctuations in global sugar prices over the five years to 2025. Nonetheless, global sugar manufacturers' revenue is anticipated to strengthen at a CAGR of 2.9% to $82.0 billion over the five years to 2025, despite a drop of 23.5% in 2025. 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 7.0% of revenue in 2025. These factors are expected to continue driving volatility in the world price of sugar and global sugar manufacturers' revenue over the five years to 2030. 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. Global sugar manufacturers' revenue is only expected to inch up at a CAGR of an estimated 0.2% over the next five years to $82.9 billion in 2030. The expansion is driven by population growth and higher consumption in emerging markets but overall revenue growth remains modest due to competitive pressures and changing consumer trends.

Refined Cane Sugar Exports in Middle EastIn 2017, refined cane sugar exports in Middle East totaled X tons, coming up by X% against the previous year. The refined cane sugar exports continue to indicate a measured setback. The pace of growth appeared the most rapid in 2015, with an increase of X% against the previous year. In that year, the refined cane sugar exports reached their peak volume of X tons.

In 2017, the amount of refined cane or beet sugar in a solid form (excluding white sugar) imported into Mexico totaled X tons, increasing by X% against the previous year. In general, imports of refined cane or beet sugar in a solid form (excluding white sugar) continue to indicate a deep drop. The growth pace was the most rapid in 2009, an increase of X% year-to-year.

In 2017, approx. X tons of refined cane or beet sugar in a solid form (excluding white sugar) were imported into Portugal; growing by X% against the previous year. In general, the total imports indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period.

In 2017, imports of refined cane or beet sugar in a solid form (excluding white sugar) in Poland amounted to X tons, reducing by -X% against the previous year. In general, imports of refined cane or beet sugar in a solid form (excluding white sugar) continue to indicate a remarkable growth. The pace of growth appeared the most rapid in 2016, when the imports increased by X% against the previous year.

In 2017, imports of refined cane or beet sugar in a solid form (excluding white sugar) in Nigeria stood at X tons, descending by -X% against the previous year. Overall, imports of refined cane or beet sugar in a solid form (excluding white sugar) continue to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2010, when the imports increased by X% from the previous year.

The global consumption of sugar amounted to about ***** million metric tons in 2024/25, and is projected to increase to about *** million metric tons by 2025/2026. With the increase in world trade, better agricultural technology, among other reasons, sugar is cheaper and more widely available than ever. Sugar cane and sugar beets There are two major crops used to produce table sugar, sugar cane and sugar beets. Though they are two separate and distinct plants, the end product is identical no matter which plant is used to manufacture the sugar. In 2021, ****** was the top producer of sugar cane worldwide, while the ****************** topped the list of sugar beets producers. Global sugar market In 2024/2025, about *** million metric tons of sugar were produced worldwide, up from ***** million metric tons of sugar in 2015/2016. India consumes the most sugar of any country, followed by the European Union and China. Between 2026 and 2031, the global price of sugar is expected to increase from about *** U.S. dollars per ton to about *** U.S. dollars per ton. The increase would still mark a lower price than sugar costs in 2022. This means that sugar might be even more readily accessible and affordable in the future, this could lead to further global health problems associated with excess sugar consumption.