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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.
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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.
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.
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.
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
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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
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The international white sugar price is determined by various factors such as supply and demand dynamics, production levels, weather conditions, government policies, and currency fluctuations. This article provides an overview of the factors influencing the price and the importance of monitoring them in the global food industry.
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.
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Brown Sugar Market size was valued at USD 22.41 Billion in 2023 and is projected to reach USD 44.09 Billion by 2030, growing at a CAGR of 9.74% during the forecast period 2024-2030.
Global Brown Sugar Market Drivers
The market drivers for the Brown Sugar Market can be influenced by various factors. These may include:
Consumer Preferences: Since brown sugar is seen as a better option than white sugar, demand for it is driven by shifts in consumer preferences towards natural and less processed sweeteners.
Health Consciousness: As consumers become more conscious of the potential health hazards linked to consuming large amounts of white sugar, they are choosing brown sugar instead, which keeps some of the molasses and minerals found in sugarcane.
Growing Health Concerns: As consumers become increasingly aware of the risks associated with lifestyle diseases like diabetes and obesity, they are searching for alternatives to white sugar. Because brown sugar is less refined than white sugar, they believe it to be a healthier choice.
Food Industry Trends: The demand for brown sugar has increased due to the food industry’s emphasis on natural and organic ingredients. This is because brown sugar fits into the narrative of minimally processed, natural foods and is in line with the clean label movement.
Culinary Applications: The demand for brown sugar is fueled by its unique flavour profile and caramel-like taste, which make it a popular component in a range of culinary applications, such as baking, cooking, and beverage preparation.
Global Production And Trade: Brown sugar production, supply, and prices on the international market can be influenced by variables like weather, crop yields, and governmental policies in major sugarcane-producing nations (such as Brazil, India, China, Thailand, and the United States).
Marketing And Advertising: Successful marketing initiatives that stress the advantages of brown sugar over white sugar—such as its deeper flavour and alleged health benefits—can sway customer decisions and propel the market’s expansion.
Dynamics of Substitution: The availability and cost of substitute sweeteners, such honey and maple syrup, as well as substitute sugars, like stevia or coconut sugar, which have comparable flavour profiles and health advantages, may also have an impact on brown sugar prices.
Economic Factors: A consumer’s purchasing power and, in turn, their demand for brown sugar goods can be impacted by a number of economic factors, including income levels, rates of inflation, and disposable income.
Regulatory Environment: By influencing business practices and customer perceptions, changes in legislation pertaining to food labelling, health claims, and sugar levies may have an effect on the Brown Sugar Market.
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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.
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Explore the dynamics of global sugar trade, including price volatility influenced by weather, policies, and currency movements, and the impact of major producers like Brazil on market trends.
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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.
In 2020, the price of sugar cane in Texas was cheaper than any other producing state that year. One ton of sugar cane cost about 23.3 U.S. dollars in Texas compared to 44 U.S. dollars per ton in Louisiana. By 2031, the global price for one metric ton of sugar is expected to reach approximately 721 U.S. dollars.
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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.
The global consumption of sugar amounted to about 177.33 million metric tons in 2023/24, and is projected to increase to about 178.79 million metric tons by 2024/2025. 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, Brazil was the top producer of sugar cane worldwide, while the Russian Federation topped the list of sugar beets producers. Global sugar market In 2022/2023, about about 177 million metric tons of sugar were produced worldwide, up from 164.7 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 680 U.S. dollars per ton to about 720 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.
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The global sugar cane market contracted to $1,491B in 2024, stabilizing at the previous year. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption attained the peak level of $1,542.8B. From 2016 to 2024, the growth of the global market failed to regain momentum.
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Graph and download economic data for Global price of Sugar, No. 16, US from Q1 1990 to Q4 2024 about sugar, World, and price.
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The market price of sugar per ton can vary depending on various factors, including supply and demand dynamics, global sugar production, weather conditions, and government policies. As of the latest available data, the average market price of sugar per ton is around $350 to $400. The sugar market is influenced by both supply and demand factors, including production, weather conditions, government policies, and international trade dynamics. Actual prices can fluctuate due to various factors impacting the suga
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.
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Sugar Price in Brazil - 2023. Find the latest marketing data on the IndexBox platform.
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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.