Key Market Indicators
Mexico is set to become the sixth-largest sugar producer in the world by 2026, according to a new report. The report suggests that Mexican sugar production will reach 8.2 million metric tons by 2026, up from 7.6 million metric tons in 2021. This equates to an average growth rate of 1.4% year-on-year. Since 1966, Mexican supply has grown at an average rate of 1.7% year-on-year. The United States is currently the top producer, with 7.6 million metric tons of sugar produced in 2021. Brazil, Thailand and China ranked second, third and fourth respectively.