Sugar rose to 16.75 USd/Lbs on July 17, 2025, up 1.15% from the previous day. Over the past month, Sugar's price has risen 5.28%, but it is still 11.93% 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 depicts the average annual prices for sugar from 2014 through 2026*. In 2024, the average price for sugar stood at 0.45 nominal U.S. dollars per kilogram.

Graph and download economic data for Global price of Sugar, No. 11, World (PSUGAISAUSDM) from Jan 1990 to Apr 2025 about sugar, World, and price.

Sugar Price Index in World decreased to 103.70 Index Points in June from 109.40 Index Points in May of 2025. This dataset includes a chart with historical data for World Sugar Price Index.

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.

This statistic depicts the average monthly prices for sugar in the United States, Europe and worldwide from January 2014 through June 2025. In June 2025, the average monthly price for sugar in Europe stood at **** nominal U.S. dollars per kilogram.

After two years of decline, the Pakistani sugar cane market increased by 8.1% to $47.3B in 2024. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $52.4B. From 2018 to 2024, the growth of the market remained at a somewhat lower figure.

United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts was 211.22200 Index Jun 1982=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts reached a record high of 277.70000 in November of 1974 and a record low of 34.20000 in January of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cane Sugar Manufacturing: Raw Cane Sugar and Sugarcane Mill Products and Byproducts - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Producer Price Index by Commodity: Processed Foods and Feeds: Raw Cane Sugar and Sugarcane Mill Products and Byproducts (WPU025201) from Dec 1977 to Jun 2025 about sugar, mills, processed, food, commodities, PPI, inflation, price index, indexes, price, and USA.

Snapshot img

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.
Request Free Sample

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

Pakistan Commodity Price: Ave: Sugar data was reported at 17,125.000 PKR/100 kg in 12 May 2025. This records an increase from the previous number of 16,850.000 PKR/100 kg for 08 May 2025. Pakistan Commodity Price: Ave: Sugar data is updated daily, averaging 13,050.000 PKR/100 kg from Jul 2022 (Median) to 12 May 2025, with 528 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.

The North American sugar market exhibited a fluctuating pricing trend throughout the first quarter of 2025, influenced by both international and domestic factors. Prices experienced notable declines during the early and final months of the quarter, with the CFR price at the Texas port closing the quarter at approximately USD 845/MT. The initial price drop was primarily driven by declining global sugar prices, particularly in Brazil—a key exporter to the U.S. market. Improved production conditions and the easing of logistical constraints in Brazil led to an increase in supply, making imports more cost-effective and contributing to downward pressure on regional prices.

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.

Thailand Raw Sugar Prices: Current Quarter data was reported at 13.570 THB/USD in Feb 2018. This records a decrease from the previous number of 13.980 THB/USD for Jan 2018. Thailand Raw Sugar Prices: Current Quarter data is updated monthly, averaging 14.405 THB/USD from Jan 2015 (Median) to Feb 2018, with 8 observations. The data reached an all-time high of 20.540 THB/USD in Jan 2017 and a record low of 13.310 THB/USD in Feb 2016. Thailand Raw Sugar Prices: Current Quarter data remains active status in CEIC and is reported by Office of the Cane and Sugar Board. The data is categorized under Global Database’s Thailand – Table TH.P010: Raw Sugar Price in New York Future Market: Forecast.

United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data was reported at 19.750 0.01 USD/lb in 2034. This stayed constant from the previous number of 19.750 0.01 USD/lb for 2033. United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data is updated yearly, averaging 19.750 0.01 USD/lb from Dec 2022 (Median) to 2034, with 13 observations. The data reached an all-time high of 19.750 0.01 USD/lb in 2034 and a record low of 19.750 0.01 USD/lb in 2034. United States Long Term Projections: Raw Sugar Price: Raw Sugar Loan Rate data remains active status in CEIC and is reported by U.S. Department of Agriculture. The data is categorized under Global Database’s United States – Table US.RI011: Agricultural Projections: Sugar.

United States - Producer Price Index by Industry: Cane Sugar Manufacturing was 121.61900 Index Dec 2011=100 in May of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Industry: Cane Sugar Manufacturing reached a record high of 130.15500 in May of 2024 and a record low of 76.00000 in March of 2014. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Industry: Cane Sugar Manufacturing - last updated from the United States Federal Reserve on July of 2025.

Average Wholesale Price: Sugar: Local: East Java data was reported at 16,200.000 IDR/kg in 16 May 2025. This stayed constant from the previous number of 16,200.000 IDR/kg for 15 May 2025. Average Wholesale Price: Sugar: Local: East Java data is updated daily, averaging 11,800.000 IDR/kg from Jul 2017 (Median) to 16 May 2025, with 1993 observations. The data reached an all-time high of 17,300.000 IDR/kg in 15 Apr 2020 and a record low of 9,650.000 IDR/kg in 17 Dec 2018. Average Wholesale Price: Sugar: Local: East Java data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PC031: Average Wholesale Price: By Regions: Sugar: Local.

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.

As of March 2025, the mill site price of one kilogram of raw sugar in the Philippines was ***** Philippine pesos. The mill site price reached as high as ***** Philippine pesos in January 2023 but has fluctuated in the succeeding months.

The Pakistani sugar market declined to $2.9B in 2024, falling by -5.1% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $3.3B. From 2017 to 2024, the growth of the market remained at a somewhat lower figure.