In 2023, it was reported that the average price per kilogram of sugar confectionery was at 4.15 British pounds. That is 0.1 pounds over 2022 price levels.

Sugar Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Sugar fell to 16.28 USd/Lbs on July 22, 2025, down 0.55% from the previous day. Over the past month, Sugar's price has risen 1.81%, but it is still 10.42% 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 July of 2025.

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.

Solid Raw Sugar Market Size Value in the UK, 2022 Discover more data with ReportLinker!

Sugar processing in Europe has undergone a turbulent period brought on by volatile prices and government strategies to reduce consumption. Driven by measures to curb sugar intake, several European countries, including Belgium, Estonia, France, Hungary, Norway and the UK, have imposed taxes on sugary drinks. Some have even taxed sugary foods. Food and drink manufacturers are altering their recipes by reducing sugar and substituting it with other sweeteners. This has depressed sales of sugars. Despite falling sugar consumption in Europe, sugar processing revenue saw an uptick as sugar prices have spiralled, with two major price surges in 2021 and 2023. These increases resulted from rising costs for sugar beet farmers and processors, alongside adverse climate conditions in key sugar-producing nations. Sugar processors have passed on cost rises to consumers, which has supported both revenue and profit since 2021. However, this sugar revenue trend may not hold for 2024. As farming and processing costs ease, a decrease in sugar revenue is expected within the year. Sugar processing revenue is set to rise at a compound annual rate of 0.9% over the five years through 2024 to €31.4 billion, with a 3.6% drop in 2024. Looking ahead, sugar processors will likely continue to face challenges. Slowing sugar sales are anticipated due to a projected reduction in sugar prices over the medium term. However, the more significant obstacle lies in the evolving health consciousness among Europeans, which suggests a continuing trend of reduced sugar consumption. This trend, coupled with increased governmental measures such as sugar taxes, will drive people away from high-sugar diets. The harmful health impacts of sugar, including weight gain, diabetes and high blood pressure, are causing consumers to rethink their sugar intake. These factors pose significant threats to sugar processors in the future. Revenue is projected to rise at a compound annual rate of 3.9% over the five years through 2029, reaching €38 billion.

Sugar Crop Price in the UK - 2023. Find the latest marketing data on the IndexBox platform.

Over the five years through 2023-24, revenue is expected to climb at a compound annual rate of 3.4% to £1 billion. Volatile global sugar prices have shaped the industry's performance due to supply chain disruption from Ukraine's geo-political conflict and poor weather conditions in farming countries. Some companies have remained resilient despite price volatility and other obstacles like the sugar tax. This is mainly due to producers hoisting their prices and passing them on to consumers. The abolition of the quotas dramatically boosted output, and prices fell, weighing on revenue in 2018-19. The Australian trade deal has aided producers who rely on sugar cane inputs. Revenue surged in 2019-20 as the industry felt the effects of increased EU sugar prices and production. Despite growing health consciousness weighing on demand and unfavourable weather and production disruptions in India and Brazil, increased sugar prices have kept revenue resilient, projected to climb by 1.5% in 2023-24. Over the five years through 2027-28, revenue is forecast to swell at a compound annual rate of 7.3% to just over £1 billion. Following Brexit, T&L Sugar has been able to negotiate with countries outside the EU, like Australia. This has consequently led to T&L Sugar forming a trade deal with Australia, where sugar cane is cheaper. This gives T&L a competitive advantage against other players due to cheaper production costs from the cheaper Sugar cane imports from Australia. Weather forecasts, which hindered productivity and contributed to increased prices, are forecast to improve in 2024-25, which will aid the sugar supply. Fallen demand for sugar due to growing health consciousness will also hinder revenue; as a result, to mitigate the fallen demand, sugar businesses will also continue to keep prices high to keep revenue stable.

The value generated from the import of sugars and sugar confectionery in the United Kingdom decreased by 138 million US Dollars (-5.92 percent) compared to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher value than the preceding years.Find more key insights for the value generated from the import in countries like Belgium, the Netherlands and Luxembourg.

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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 witnessing significant growth, driven primarily by the increasing demand for raw sugar in various food and beverage applications. This trend is being fueled by the expanding food industry, particularly in emerging economies, where sugar consumption is on the rise. Additionally, the emergence of e-commerce platforms has facilitated easier access to raw sugar for consumers and manufacturers, further boosting market growth. However, the high production cost of raw sugar poses a significant challenge for market participants. Producers must navigate this obstacle through efficient production methods, cost optimization, and strategic pricing to remain competitive in the market.
Companies seeking to capitalize on market opportunities and navigate challenges effectively should focus on innovation, cost reduction, and supply chain optimization. By staying agile and responsive to market trends, they can position themselves for long-term success in the dynamic the market.

What will be the Size of the Raw Sugar Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, with various factors shaping its dynamics. Sugarcane and sugar beet supply and demand, production costs, and sustainability are key elements influencing market activities. Biofuel production from sugarcane bagasse and sugar beet residues adds complexity to the market. Sugarcane diseases and pests, as well as transportation challenges, can impact yields and prices. Sugarcane consumption is driven by various applications, including food and beverage industries, ethanol production, and pharmaceuticals. Organic sugar and fair trade sugar are gaining popularity, adding to the market's diversity. Sugarcane juice and molasses are used to produce syrups and other value-added products.

Sugarcane syrup and turbinado sugar cater to specific market segments. Sugarcane cultivation and harvesting techniques, as well as irrigation and fertilizer usage, influence production costs and quality. Sugarcane and sugar beet prices fluctuate based on supply and demand, with imports and exports playing a role in market equilibrium. Traceability and sustainability concerns are increasingly important, influencing consumer preferences and regulations. Sugarcane and sugar beet varieties, processing methods, and storage techniques also impact market trends. Overall, the market remains dynamic, with ongoing shifts in production, consumption, and market conditions.

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.

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.

Liquid sugar, derived from raw sugar through the addition of water, is a popular choice among manufacturers due to its convenience and versatility. The sweetener's ability to dissolve quickly and evenly makes it an ideal ingredient for large-scale production of beverages, including carbonated soft drinks, sports drinks, and juices. Additionally, it is widely used in the baking industry for creating cakes, cookies, and pastries. The consistency and stability of liquid sugar enable manufacturers to control the texture and flavor of their products effectively. The sugar beet industry and sugarcane industry serve as the primary sources for raw sugar production.

Sugarcane cultivation, which includes irrigation, fertilization, and pest management, incurs significant production costs. Sugarcane diseases and pests pose challenges to the industry, affecting both yield and quality. Sugarcane bagasse and molasses are by-products used in biofuel production and ethanol manufacturing. Sugar beet cultivation, on the other hand, is practiced in regions with cooler climates. Sugarcane and su

The value generated from the import of cane or beet sugar and chemically pure sucrose in solid form in the United Kingdom decreased by 174.9 million British Pounds (-29.73 percent) in 2024 in comparison to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher value than the preceding years.Find other key market indicators concerning the butter, provisionally preserved fruits and nuts and cereal grain excluding rice..

In 2024, the UK sugars market decreased by -4.1% to $107M, falling for the third consecutive year after three years of growth. Overall, consumption continues to indicate a strong expansion. Sugars consumption peaked at $151M in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

Sugar Confectionery Price Per Unit in the UK, 2019 Discover more data with ReportLinker!

In 2024, the annual average Consumer Price Index (CPI) the price index value of sugar, jams, syrups, chocolate and confectionery and other confectionery items was measured at 134.3 index points in the United Kingdom.Consumer price indices are designed to measure changes in the price of everything consumers buy. More information on CPI can be found here.

Wholesale Sugar Confectionery Pastes Price Per Unit in the UK, 2019 Discover more data with ReportLinker!

Sugar Confectionery Market Size Value in the UK, 2021 Discover more data with ReportLinker!

Forecast: Sugar Confectionery Market Size Value in the UK 2023 - 2027 Discover more data with ReportLinker!

For the fourth consecutive year, the UK recorded growth in overseas purchases of sugar cane, which increased by 33% to 580 tons in 2023.

Forecast: Sugar Confectionery Market Size Value Per Capita in the UK 2024 - 2028 Discover more data with ReportLinker!

Compressed Tablets of Sugar Confectionery Market Size Value Per Capita in the UK, 2021 Discover more data with ReportLinker!