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.

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.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Raw Cane Sugar and Sugarcane Mill Products and Byproducts (WPU02520106) from Dec 2003 to Feb 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

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.

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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.

Learn about the various factors that influence the price of sugar in the commodity market, including global production and consumption, weather conditions, government policies, and currency exchange rates.

Discover the various factors that influence the price of sugar, including supply and demand dynamics, weather conditions, government policies, currency fluctuations, and global economic trends. Understand the impact of these factors on the sugar commodity market and how traders and investors stay informed to make strategic decisions.

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.

China Settlement Price: ZCE: White Sugar: 2nd Month data was reported at 6,047.000 RMB/Ton in 26 Mar 2025. This records an increase from the previous number of 6,008.000 RMB/Ton for 25 Mar 2025. China Settlement Price: ZCE: White Sugar: 2nd Month data is updated daily, averaging 5,603.000 RMB/Ton from Jan 2006 (Median) to 26 Mar 2025, with 4670 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]

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.

Pakistan Commodity Price: Ave: Sugar data was reported at 16,200.000 PKR/100 kg in 20 Mar 2025. This records a decrease from the previous number of 16,450.000 PKR/100 kg for 19 Mar 2025. Pakistan Commodity Price: Ave: Sugar data is updated daily, averaging 12,950.000 PKR/100 kg from Jul 2022 (Median) to 20 Mar 2025, with 505 observations. The data reached an all-time high of 17,550.000 PKR/100 kg in 04 Sep 2023 and a record low of 8,260.000 PKR/100 kg in 07 Oct 2022. Pakistan Commodity Price: Ave: Sugar data remains active status in CEIC and is reported by Business Recorder. The data is categorized under Global Database’s Pakistan – Table PK.P001: Commodity Price.

This statistic shows the average price per tonne of sugar in the United Kingdom from 2006 to 2015, according to commodity price figures. The figures are shown by year. In 2012, the average price per tonne of sugar was 576.56 British Pounds (GBP).

The sugar spot price refers to the current market price of sugar that is available for immediate delivery or purchase. It represents the cost at which sugar is traded on commodity exchanges, such as the Intercontinental Exchange (ICE) or New York Mercantile Exchange (NYMEX). Factors influencing the spot price include global supply and demand dynamics, weather conditions, government policies, and macroeconomic factors. The spot price is quoted in cents per pound or dollars per metric ton and is important for

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 Global price of Sugar, No. 16, US (PSUGAUSAUSDM) from Jan 1990 to Feb 2025 about sugar, World, and price.

Australia Commodity Price Index: Weights: Rural Commodities: Sugar data was reported at 1.500 % in Feb 2013. This stayed constant from the previous number of 1.500 % for Jan 2013. Australia Commodity Price Index: Weights: Rural Commodities: Sugar data is updated monthly, averaging 1.500 % from Feb 2008 (Median) to Feb 2013, with 61 observations. The data reached an all-time high of 1.500 % in Feb 2013 and a record low of 0.700 % in Aug 2009. Australia Commodity Price Index: Weights: Rural Commodities: Sugar data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.I050: Commodity Price Index: Weights (Old).

NCDEX: Spot Price: Sugar M: Kolhapur: First Session data was reported at 3,900.000 INR/Quintal in 03 Mar 2025. This records an increase from the previous number of 3,815.000 INR/Quintal for 28 Feb 2025. NCDEX: Spot Price: Sugar M: Kolhapur: First Session data is updated daily, averaging 3,662.500 INR/Quintal from Jan 2024 (Median) to 03 Mar 2025, with 287 observations. The data reached an all-time high of 3,900.000 INR/Quintal in 03 Mar 2025 and a record low of 3,435.000 INR/Quintal in 31 Dec 2024. NCDEX: Spot Price: Sugar M: Kolhapur: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.

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.

NCDEX: Spot Price: Sugar M: Kanpur: First Session data was reported at 4,190.500 INR/Quintal in 21 Mar 2025. This stayed constant from the previous number of 4,190.500 INR/Quintal for 19 Mar 2025. NCDEX: Spot Price: Sugar M: Kanpur: First Session data is updated daily, averaging 3,961.900 INR/Quintal from Jan 2024 (Median) to 21 Mar 2025, with 294 observations. The data reached an all-time high of 4,276.200 INR/Quintal in 06 Feb 2025 and a record low of 3,841.000 INR/Quintal in 07 Mar 2024. NCDEX: Spot Price: Sugar M: Kanpur: First Session data remains active status in CEIC and is reported by National Commodity & Derivatives Exchange Limited. The data is categorized under India Premium Database’s Price – Table IN.PB001: Commodities Spot Price: National Commodity & Derivatives Exchange Limited.