As of 2021, the producer price index of sugar cane in South Africa was at 132.6 points. Despite a declining tendency in the production volume, an overall increasing trend for the price index can be noticed. This is in line with the increasing gross production value of sugar cane.

Sugar rose to 16.56 USd/Lbs on July 11, 2025, up 1.83% from the previous day. Over the past month, Sugar's price has risen 1.84%, but it is still 13.76% 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.

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

In 2023, sugar cane exports from South Africa reduced remarkably to 32 tons, shrinking by -52.8% compared with the previous year.

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.

The South African sugar market soared to $1B in 2024, surging by 17% against the previous year. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $1.2B. From 2014 to 2024, the growth of the market remained at a lower figure.

The South African sugar cane market contracted to $10.1B in 2024, falling by -3.3% against the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $11.9B in 2018; however, from 2019 to 2024, consumption stood at a somewhat lower figure.

In the production year 2021/2022, the preliminary gross production value of sugar cane in South Africa amounted to nearly 11.1 billion South African rands (around 650 million U.S. dollars). As of the preceding production year, the gross value was roughly at 11.14 billion rands (approximately 651.6 million U.S. dollars). Throughout the last two decades, the gross value increased rapidly in the country, although the production volume of sugar cane followed a declining trend. This can be attributed to an increase in producer prices.

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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?

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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

South Africa produced around 18 million metric tons of sugar cane in 2022/2023. The preliminary volume dropped in comparison to the preceding year. Over the last two decades, the quantity of sugar cane produced in South Africa followed a declining trend, with several fluctuations. This is largely due to farmers substituting their production of sugar cane for other more profitable and less capital intensive crops. Increases in sugar taxes, decreasing prices, and lower import prices are the main reasons for the substitution.

As of March 2020, the Consumer Price Index (CPI) in South Africa, an economic indicator providing information on the change of prices over time, was measured at 116.4 points regarding sugar, sweets and deserts. This is symbolizing an increase of 6.9 points from the previous year.

In 2024, the South African market for caramel, maltodextrine and inverted sugar decreased by -6.1% to $144M, falling for the second year in a row after two years of growth. In general, consumption saw a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the market value increased by 6.7%. Over the period under review, the market hit record highs at $229M in 2012; however, from 2013 to 2024, consumption failed to regain momentum.

In April 2023, the cocoa powder with sugar price stood at $5,941 per ton (FOB, South Africa), growing by 27% against the previous month.

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Organic Sugar Market Size 2024-2028

The organic sugar market size is forecast to increase by USD 1.18 billion, at a CAGR of 6.28% between 2023 and 2028.

The market is witnessing significant growth, driven by the rising health consciousness among consumers. With an increasing number of people prioritizing their health and wellness, the demand for organic and natural food products, including organic sugar, is on the rise. This trend is further amplified by the emergence of e-commerce platforms, making it easier for consumers to access and purchase organic sugar from the comfort of their homes. Advancements in food processing machinery are also supporting the production and distribution of organic sugar as well as industrial sugar, making it more accessible to a wider audience. However, the high cost of production poses a significant challenge for market players. Organic sugar is produced using traditional methods and requires more land, labor, and time compared to conventional sugar production.
This results in higher production costs, which can impact the competitiveness of organic sugar in the market. To capitalize on the growing demand for organic sugar and navigate the production cost challenges, companies can explore innovative production methods, collaborate with farmers to optimize production, and explore strategic partnerships to reduce costs. Additionally, marketing efforts that emphasize the health benefits of organic sugar can help differentiate products and attract health-conscious consumers. Overall, the market presents a promising growth opportunity for companies that can effectively address production challenges and cater to the evolving consumer preferences.

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

Explore in-depth regional segment analysis with market size data - historical 2018-2022 and forecasts 2024-2028 - in the full report.
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The market continues to evolve, shaped by various market dynamics and applications across diverse sectors. Sugarcane harvesting practices, influenced by soil conditions and climate factors, significantly impact the production of organic cane sugar. Refined sugar, high-fructose corn syrup, and invert sugar face competition from organic alternatives, as consumer preferences lean towards natural and healthier options. Food safety remains a paramount concern, driving the adoption of stringent quality control measures throughout the supply chain. Retail channels, including supermarkets and online platforms, expand their offerings of organic sugar, beet sugar, raw sugar, and cane sugar, catering to the increasing demand.

Processing technology advances, such as sugarcane milling and sugar refining, ensure the production of high-quality organic sugar. Meanwhile, the emergence of sugar substitutes, including artificial sweeteners, poses a challenge to the market. Sugarcane planting and harvesting techniques, as well as disease management and pest control, are crucial elements in maintaining the health and productivity of sugarcane crops. The market also intersects with food and beverage industries, as well as health concerns and nutritional information, further influencing market trends. Organic sugar's non-GMO and fair trade attributes, along with its lower glycemic index and calorie content, contribute to its growing popularity.

Market activities unfold continuously, as new sugarcane varieties and sugar beet planting techniques emerge, and price volatility and carbon footprint concerns shape the industry landscape.

How is this Organic Sugar Industry segmented?

The organic sugar industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Crystals
  Molasses


Distribution Channel

  Offline
  Online


Source

  Sugarcane
  Sugar Beet
  Coconut
  Date
  Maple
  Stevia


Certification

  USDA Organic
  EU Organic
  JAS Organic
  Other Regional Certifications


Application

  Food & Beverages
  Personal Care & Cosmetics
  Pharmaceuticals
  Other Industrial Applications


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 Type Insights

The crystals segment is estimated to witness significant growth during the forecast period.

The market showcases a strong focus on quality control and sustainability. Sugarcane juice, a key input, is traded globally, with careful attention given to land use and soil conditions. The glycemic index and calorie content of organic cane sugar and non-GMO sugar are attractive to health-c

South Africa Consumer Price Index (CPI): Weights: Rural: FB: Food: Sugar, Confectionery and Deserts data was reported at 1.960 Per 100 in 2025. South Africa Consumer Price Index (CPI): Weights: Rural: FB: Food: Sugar, Confectionery and Deserts data is updated yearly, averaging 1.960 Per 100 from Jan 2025 (Median) to 2025, with 1 observations. The data reached an all-time high of 1.960 Per 100 in 2025 and a record low of 1.960 Per 100 in 2025. South Africa Consumer Price Index (CPI): Weights: Rural: FB: Food: Sugar, Confectionery and Deserts data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I039: Consumer Price Index: Weights: Rural.

South Africa Consumer Price Index (CPI): Kwazulu-Natal: FB: Food: Sugar, Confectioner and Deserts data was reported at 98.500 Dec2024=100 in Mar 2025. This stayed constant from the previous number of 98.500 Dec2024=100 for Feb 2025. South Africa Consumer Price Index (CPI): Kwazulu-Natal: FB: Food: Sugar, Confectioner and Deserts data is updated monthly, averaging 56.000 Dec2024=100 from Jan 2008 (Median) to Mar 2025, with 207 observations. The data reached an all-time high of 100.000 Dec2024=100 in Dec 2024 and a record low of 23.600 Dec2024=100 in Mar 2008. South Africa Consumer Price Index (CPI): Kwazulu-Natal: FB: Food: Sugar, Confectioner and Deserts data remains active status in CEIC and is reported by Statistics South Africa. The data is categorized under Global Database’s South Africa – Table ZA.I031: Consumer Price Index: by Region: Dec2024=100.

For the third year in a row, the South African cocoa powder with sugar market recorded decline in sales value, which decreased by -1.5% to $70M in 2024. The market value increased at an average annual rate of +1.4% over the period from 2012 to 2024; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Cocoa powder with sugar consumption peaked at $73M in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

In 2024, the South African sugar beet market was finally on the rise to reach $335K for the first time since 2021, thus ending a two-year declining trend. Overall, consumption enjoyed a significant increase. Over the period under review, the market hit record highs at $556K in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

The South African confectionery market presents a dynamic landscape with substantial growth potential. While precise market size figures for 2019-2024 are unavailable, industry reports suggest a consistent upward trajectory. Considering a global average CAGR (Compound Annual Growth Rate) for confectionery markets of around 4-6% and factoring in South Africa's economic fluctuations and consumer spending habits, a conservative estimate for the South African market size in 2025 would be approximately $500 million USD. Growth drivers include rising disposable incomes among certain demographics, increasing urbanization leading to more impulse purchases, and the popularity of convenient snack options. Trends indicate a shift toward healthier confectionery choices, with growing demand for sugar-free and protein-rich snacks like protein bars and sugar-free chewing gums. However, health concerns around sugar consumption and increasing prices of raw materials act as significant restraints. The market is segmented by confectionery type (chocolate, gums, snack bars, sugar confectionery) and distribution channels (convenience stores, online retail, supermarkets/hypermarkets). Key players like Nestlé, Mars, and Mondelez International hold significant market share, but smaller local brands and emerging players are also carving out niches. The convenience store channel dominates due to ease of access, but online retail is expected to show significant growth in the coming years. The forecast period (2025-2033) is projected to witness continued growth, driven largely by the increasing adoption of innovative product offerings and targeted marketing strategies. The market's future success will depend on companies adapting to evolving consumer preferences. This includes offering healthier options while retaining the indulgence factor, leveraging digital marketing for enhanced brand reach, and strategically targeting different consumer segments through customized product development and promotional activities. The expansion of e-commerce presents opportunities to reach wider consumer bases, particularly in less accessible areas. However, maintaining affordability and navigating fluctuating economic conditions will be crucial for sustained growth. Successfully adapting to these dynamic factors will be key for all players operating within the South African confectionery market. Recent developments include: July 2023: Chocoladefabriken Lindt & Sprüngli AG launched a vegan chocolate range in South Africa. The products are available in two vegan flavors – Lindt Vegan Smooth Chocolate (made with oats and almonds to deliver a smooth, creamy texture) and Lindt Vegan Hazelnut Chocolate (made with roasted hazelnuts and premium vegan chocolate for a nutty flavor).May 2023: Under its brand, Mondelēz International Inc. launched three new special edition flavors that deliver indulgence with much-loved flavor combinations. The 150 g slabs include Dairy Milk Fudge Cookie Crumble, Fudge Mint Crisp, and Dream Coconut & Hazelnut Bliss.April 2023: Under the ONE brand, The Hershey Company launched the Peanut Butter & Jelly Flavored Protein Bar. The ONE Limited Edition Peanut Butter & Jelly flavored bars are packed with 20 g of protein, 1 g of sugar, and the familiar taste of peanut butter and strawberry jelly flavors.. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.