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 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.

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 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 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

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 price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total **** 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 ****** 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 ** billion U.S. dollars, a ** percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between ** to ** billion U.S. dollars . Sugar production and consumption As of 2023/2024, sugar production worldwide was about *** million metric tons, a ** percent increase from 2010/2011. The production value is forecasted to increase by just over * million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over * million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over ** percent from 2010/2011 to 2023/2024.

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

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.

Global Cane Sugar market size is expected to reach $215.99 billion by 2029 at 3.5%, navigating the growth surge in the cane sugar industry fueled by escalating demand for sugar-rich confectionery products and soft drinks

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 **** nominal U.S. dollars per kilogram.

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.

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.

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.

The Global Cane Sugar Market Report Segments the Industry Into Ingredient Type (White Cane Sugar, and More); Category (Organic and Conventional); Form (Crystallized Sugar and Liquid Syrup); Application (Bakery & Confectionery, Dairy, Beverages, Savory Snacks, and More); and Geography (North America, Europe, Asia-Pacific, South America, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

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.

Get the latest insights on price movement and trend analysis of Refined Sugar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The market value of the global sugar industry has fluctuated since 2012. In 2012, the global sugar manufacturing industry was valued at over *** billion U.S. dollars, compared to only about ** billion U.S. dollars in 2019. The forecast value for 2023 is about **** billion U.S. dollars.

Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data was reported at 17,500.000 IDR/kg in 16 May 2025. This stayed constant from the previous number of 17,500.000 IDR/kg for 15 May 2025. Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data is updated daily, averaging 13,500.000 IDR/kg from Jul 2016 (Median) to 16 May 2025, with 2134 observations. The data reached an all-time high of 17,500.000 IDR/kg in 16 May 2025 and a record low of 11,750.000 IDR/kg in 04 Jan 2019. Average Retail Price: Sugar: Local: Modern Market: East Java: Malang Municipality data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Prices – Table ID.PB062: Average Retail Price: Modern Market: By Regions: Sugar: Local. [COVID-19-IMPACT]

Get the latest insights on price movement and trend analysis of Raw Sugar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).