Sugar rose to 16.49 USd/Lbs on October 3, 2025, up 0.43% from the previous day. Over the past month, Sugar's price has risen 5.10%, but it is still 28.34% 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.

The Indian sugar market surged to $17.2B in 2024, with an increase of 17% against the previous year. In general, the total consumption indicated mild growth from 2012 to 2024: its value increased at an average annual rate of +1.9% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +87.9% against 2022 indices.

6754 Global export shipment records of Indian Sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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.

623 Global export shipment records of Indian Sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Analysis of recent sugar market trends, including price declines, production shifts, and global supply-demand dynamics impacting futures.

The Indian sugar cane market expanded to $252.4B in 2024, picking up by 2.3% against the previous year. The market value increased at an average annual rate of +1.1% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Sugar cane consumption peaked in 2024 and is expected to retain growth in the near future.

2038 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.

India continues its one-million-ton sugar export quota, calming global markets worried about supply restrictions and price hikes.

14310 Global export shipment records of Sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

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).

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.

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

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The global sugar market rose to $105.3B in 2019, surging by 1.9% against the previous year. The largest sugar markets worldwide were India ($11B), Brazil ($8.3B) and China ($7.6B), together accounting for 26% of the global market.

2550 Global export shipment records of Sugar with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Subscribers can find out export and import data of 23 countries by HS code or product’s name. This demo is helpful for market analysis.

The northern state of Uttar Pradesh was the leading producer of sugarcane in India, with a production volume of over *** million metric tons in fiscal year 2024. This was followed by Maharashtra, with a production volume of over *** million metric tons. Sugar export Sugar was one of the leading agricultural products exported from India. Over *** billion Indian rupees worth of sugar was exported from the country in 2022. However, the government imposed restrictions on sugar exports from the country as of June 2022. The step was taken to maintain the price stability of sugar and to guarantee enough supply for domestic consumption. Sugar consumption India ranks first as the leading sugar consumer globally. A majority of Indian cuisines contain sugar. Especially during the festive season, the celebration in the country is incomplete without sweets or mithai as known in the Hindi language. Most Indian sweets along with sugar contain nuts, flour, and dairy components such as milk, butter, and cream. As a result of increased consumption and demand, the market value of sweets is likely to reach *** billion Indian rupees in 2025.

Sugar manufacturers have faced volatile commodity prices and fluctuating weather patterns over the past five years. Over this timeframe, strong export growth has helped industry revenue weather these challenges. Advanced infrastructure, like private sugarcane railway systems and strategically located bulk sugar terminals, has maximised the efficiency of transporting Australian sugar to international markets. These advantages, coupled with economies of scale from large-scale production, have made Australian sugar more competitive globally, helping to boost export volumes. Manufacturers have diversified income streams by using bagasse, a byproduct of sugar production, as a sustainable energy source, which has contributed to an improvement in industry profitability. Recently, India’s partial lifting of its export caps on sugar, imposed to prevent a spike in the country’s domestic sugar prices, has increased global supply, driving down world sugar prices. Domestic consumer preferences have shifted as awareness of health risks associated with sugar consumption has grown, leading more individuals to seek healthier alternatives. This shift has subdued domestic demand, contributing to a forecast 3.8% decline in industry revenue in 2025-26 to $3.9 billion. Overall, industry revenue is expected to climb at an annualised 2.3% over the five years through 2025-26. Over the past decade, major players have consolidated their dominance in the industry. Wilmar Sugar, Mackay Sugar, MSF Sugar, Tully Sugar and Bundaberg Sugar collectively control 95.1% of the market share. These companies have leveraged their size to negotiate more favourable shipping rates, strengthening their competitive position. Fluctuations in global demand and supply and domestic sugarcane production will continue to influence sugar manufacturers' performance. Output from the two largest global sugar producers, Brazil and India, is forecast to have the most significant influence on global supply and sugar prices. Australian manufacturers are well-positioned to expand their international presence, leveraging production capacity and efficient logistics to enhance their competitiveness in international markets and maintain exports. Industry revenue is forecast to remain relatively stable over the five years through 2030-31, at $3.9 billion.

After three years of decline, the Indian cocoa powder with sugar market increased by 3.5% to $585M in 2024. Overall, consumption showed a relatively flat trend pattern. As a result, consumption reached the peak level of $744M. From 2015 to 2024, the growth of the market remained at a somewhat lower figure.