Sugar rose to 14.79 USd/Lbs on December 2, 2025, up 0.37% from the previous day. Over the past month, Sugar's price has risen 0.99%, but it is still 30.67% 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 December of 2025.

Sugar Price Index in World decreased to 94.10 Index Points in October from 99.40 Index Points in September 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 2024, the average price for sugar stood at 0.45 nominal U.S. dollars per kilogram.

View monthly updates and historical trends for Sugar Price. Source: World Bank. Track economic data with YCharts analytics.

The FAO Sugar Price Index was measured at 99.4 points for September 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, total sugar consumption worldwide increased slightly in previous years. In 2010/11, the global consumption of sugar amounted to about 156 million metric tons. By 2024/25, it had increased to about 174 million metric tons. However, the market value of the global sugar industry has fluctuated and generally declined over the years. In 2012, the global sugar manufacturing industry was valued at over 113 billion U.S. dollars, compared to an estimated 78.1 billion U.S. dollars in 2023. Global sugar exports Total estimated global sugar exports amount to more than 65 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 3.5 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 3.12 million metric tons of sugar annually.

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.

The global sugar cane market contracted modestly to $1,602.6B in 2024, standing approx. at the previous year. Overall, consumption, however, saw mild growth. Global consumption peaked at $1,647.8B in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

Snapshot img

Raw Sugar Market Size 2025-2029

The raw sugar market size is valued to increase USD 152.7 million, at a CAGR of 2.3% from 2024 to 2029. Rise in demand for raw sugar in food and beverage applications will drive the raw sugar market.

Major Market Trends & Insights

APAC dominated the market and accounted for a 45% growth during the forecast period.
By Product - Liquid sugar segment was valued at USD 765.70 million in 2023
By Type - Conventional segment accounted for the largest market revenue share in 2023

Market Size & Forecast

Market Opportunities: USD 14.37 million
Market Future Opportunities: USD 152.70 million
CAGR : 2.3%
APAC: Largest market in 2023

Market Summary

The market encompasses the production, distribution, and consumption of raw sugar, a fundamental sweetener in various industries. Key applications include food and beverage manufacturing, where raw sugar's distinctive taste and properties contribute to the production of a wide range of products. A significant market driver is the rising demand for raw sugar in this sector, particularly due to increasing consumer preferences for natural and organic food items. Another influential factor is the emergence of e-commerce platforms, enabling easier access to raw sugar for businesses and consumers alike.
However, the market faces challenges, such as high production costs, which can impact profitability. According to recent reports, raw sugar accounts for approximately 70% of the global sugar market share. This dynamic market continues to unfold, with ongoing trends and patterns shaping its future.

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

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How is the Raw Sugar Market Segmented and what are the key trends of market segmentation?

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.

Raw sugar undergoes a transformation into liquid sugar through the addition of water, resulting in a viscous syrup that offers convenience and versatility for manufacturers. This form of sugar is extensively utilized in various industries, particularly in the production of beverages like carbonated soft drinks, sports drinks, and juices. Its quick and even dissolution properties make it an indispensable ingredient, ensuring consistent product texture and flavor. In the baking sector, liquid sugar is employed for creating cakes, cookies, and pastries. Its stability is a significant advantage, allowing manufacturers to maintain precise control over their products' characteristics. According to recent studies, the adoption of liquid sugar in the food and beverage industry has experienced a notable increase of around 18%, underscoring its growing popularity.

Moreover, advancements in sensor technologies and sugar refining processes have led to improvements in reducing sugars content, resulting in higher sugar purity. Centrifugal separation and byproduct valorization techniques have been instrumental in optimizing sugarcane processing efficiency. Wastewater treatment and polarization degree measurement are essential components of quality control systems, ensuring the production of superior sugar. Data Analytics applications, such as process control algorithms, have enabled predictive modeling and energy efficiency improvements, contributing to the sugar industry's ongoing evolution. Automation technologies and process optimization strategies have also played a crucial role in enhancing productivity and reducing costs. The production of molasses, a byproduct of sugar refining, has gained significant attention due to its potential applications in various industries.

Turbidity measurement and color removal techniques are essential for maintaining the desired clarity in sugarcane juice clarification. Crystallization process advancements, including crystal size distribution and predictive modeling, have led to more

Graph and download economic data for Global price of Sugar, No. 16, US (PSUGAUSAUSDM) from Jan 1990 to Jun 2025 about sugar, World, and price.

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).

Global sugar manufacturers have endured fluctuations in global sugar prices over the five years to 2025. Nonetheless, global sugar manufacturers' revenue is anticipated to strengthen at a CAGR of 2.9% to $82.0 billion over the five years to 2025, despite a drop of 23.5% in 2025. Brazil is very influential in the industry's health. The country produces and exports the most sugar of any nation and is also the second-largest producer of ethanol, which is often produced from sugarcane. As energy prices have strengthened over the past five years, Brazil has expansively diverted more of its sugar stock toward ethanol production. Brazil's changing production and export levels have impacted the world supply of sugar, which, in turn, has disturbed world sugar prices. For example, prior to the current period, in 2011, when Brazil cut its production of sugar by 2.0 million tons, the world price of sugar shot up 25.6%; the following year, as Brazil boosted production by more than 2.0 million tons, the world price of sugar dropped 18.5%. These fluctuations in production, coupled with other countries following Brazil's lead and diverting their sugar stock toward ethanol production or other more valuable crops, have led revenue for the entire industry to endure intense volatility during the current five-year period. Profit, measured as earnings before interest and taxes, inched upward to 7.0% of revenue in 2025. These factors are expected to continue driving volatility in the world price of sugar and global sugar manufacturers' revenue over the five years to 2030. Despite ongoing fluctuations, the world price of sugar will moderately drop as global demand for sugar and sugar-heavy products dips, along with lower energy prices, which will likely prompt demand for alternative fuel sources, like ethanol. Also, as demand from developing nations continues to swell and as trade barriers are expansively removed, global production and international trade of sugar will strengthen. Global sugar manufacturers' revenue is only expected to inch up at a CAGR of an estimated 0.2% over the next five years to $82.9 billion in 2030. The expansion is driven by population growth and higher consumption in emerging markets but overall revenue growth remains modest due to competitive pressures and changing consumer trends.

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.

*** Second Dataset in the Sugar Series ***

Sugar: World Markets and Trade

Sugar Production Up Globally in 2021/22, stable in the United States and Mexico. Global production is forecast up 6 million tons to 186 million as higher production in the EU, India, and Thailand will more than offset the decline in Brazil. Consumption is forecast to rise to a new record due to growth in markets such as China and India. Exports are forecast up as the increase from Thailand along with strong exports from India will more than offset lower exports from Brazil. Stocks are forecast lower as stocks in Thailand are drawn down in favor of higher exports. Note: the marketing year for Thailand starts in December, whereas the marketing year for Brazil starts in April.

Content

Desc	tab
World Centrifugal Sugar: Production (1,000 Metric Tons, Raw Value)	Prod
World Centrifugal Sugar: Consumption (1,000 Metric Tons, Raw Value)	Cons
World Centrifugal Sugar: Export (1,000 Metric Tons, Raw Value)	Expo
World Centrifugal Sugar: Import (1,000 Metric Tons, Raw Value)	Impo

As of: May 25, 2021

Acknowledgements

https://www.fas.usda.gov/

Graph and download economic data for Global price of Sugar, EU (PSUGAEECUSDQ) from Q1 1991 to Q2 2017 about sugar, EU, Europe, World, and price.

In 2024, the global sugar market increased by 3% to $118.3B, rising for the fourth year in a row after three years of decline. In general, consumption, however, showed a relatively flat trend pattern. Global consumption peaked at $126.7B in 2012; however, from 2013 to 2024, consumption stood at a somewhat lower figure.

Global sugar markets experience a price surge due to rising demand and production shifts, with notable increases in NY and London ICE prices.

Thailand Refined Sugar Prices: Next 9 Months data was reported at 330.500 THB/USD in Sep 2018. This records an increase from the previous number of 315.300 THB/USD for Aug 2018. Thailand Refined Sugar Prices: Next 9 Months data is updated monthly, averaging 399.040 THB/USD from Jan 2014 (Median) to Sep 2018, with 45 observations. The data reached an all-time high of 543.680 THB/USD in Sep 2016 and a record low of 315.300 THB/USD in Aug 2018. Thailand Refined Sugar Prices: Next 9 Months 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.P011: Refined Sugar Price in London Future Market: Forecast.

Snapshot img

Organic Sugar Market Size 2024-2028

The organic sugar market size is valued to increase USD 1.18 billion, at a CAGR of 6.28% from 2023 to 2028. Growing health consciousness will drive the organic sugar market.

Major Market Trends & Insights

North America dominated the market and accounted for a 33% growth during the forecast period.
By Type - Crystals segment was valued at USD 1.57 billion in 2022
By Distribution Channel - Offline segment accounted for the largest market revenue share in 2022

Market Size & Forecast

Market Opportunities: USD 83.72 million
Market Future Opportunities: USD 1183.50 million
CAGR from 2023 to 2028 : 6.28%

Market Summary

Organic sugar, a natural alternative to refined sugar, has experienced significant growth in recent years due to increasing consumer preference for healthier food options. According to the Organic Trade Association, global organic food sales reached USD103.5 billion in 2019, with organic sugar being a notable segment. This trend is driven by the emergence of e-commerce platforms, which have made it easier for consumers to access organic products, including sugar. However, the high cost of organic sugar production poses a challenge to its widespread adoption. Farmers must adhere to stringent organic farming practices, which include avoiding the use of synthetic fertilizers and pesticides, and following specific harvesting and processing methods.
Despite these challenges, the market continues to expand, as consumers become more conscious of their health and the environmental impact of their food choices. This shift towards organic sugar reflects a broader trend towards sustainable and healthier food options, and is expected to continue shaping the food industry landscape in the coming years.

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

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How is the Organic Sugar Market 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 continues to evolve, with ongoing activities in sugarcane genetic improvement, sugar refining techniques, and sugar yield optimization shaping industry trends. Sugarcane variety selection, molasses fermentation, and wastewater treatment are key areas of focus for companies, as they strive for sugarcane disease resistance, maturity assessment, and physiology advancements. Sugarcane juice clarification, pest management strategies, and sugarcane processing techniques are also under constant review, with centrifugal separation, color removal methods, and sugar crystallization processes being refined for improved efficiency. Harvesting techniques and sugarcane growth stages are essential aspects of cultivation practices, with sugarcane biochemistry and quality control measures ensuring sugar purity metrics and storage methods maintain the integrity of the final product.

Sugarcane cultivation practices are increasingly adopting sustainable approaches, such as regenerative agriculture, renewable energy sources, and carbon offsetting programs, to minimize environmental impact. The market's commitment to sustainability is further demonstrated by efforts to optimize sugarcane milling efficiency, reduce energy consumption, and analyze sugarcane fiber for potential bioenergy applications. Byproduct recovery and sugarcane transportation methods are also being reevaluated to enhance overall sustainability and profitability.

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The Crystals segment was valued at USD 1.57 billion in 2018 and showed a gradual increase during the forecast period.

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Regional Analysis

North America is estimated to contribute 33% to the growth of the global market during the forecast period.Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

See How Organic Sugar Market Demand is Rising in N

Discover the booming global raw sugar market! Explore its $50 billion valuation (estimated 2025), 4% CAGR growth projections, key players like Shree Renuka Sugar and Suedzucker, and regional trends. Understand market drivers, restraints, and future opportunities in this comprehensive analysis.

The global liquid sugar market is forecast to grow from USD 81.1 million in 2025 to USD 142.3 million by 2035, registering a CAGR of 5.8% over the forecast period.

Attributes	Description
Estimated Global Liquid Sugar Industry Size (2025E)	USD 81.1 million
Projected Global Liquid Sugar Industry Value (2035F)	USD 142.3 million
Value-based CAGR (2025 to 2035)	5.8%

Semi-annual Market Update for Liquid Sugar Market

Particular	Value CAGR
H1	5.4 % (2024 to 2034)
H2	5.5 % (2024 to 2034)
H1	5.7 % (2025 to 2035)
H2	5.8 % (2025 to 2035)

Country-Wise Insights

Country	CAGR, 2025 to 2035
USA	5.4%
Germany	4.9%
China	6.5%
Japan	5.2%
India	7.1%