Key Market Indicators
Russia is set to become the seventh-largest sugar producer in the world by 2026. In 2021, Russian sugar production hit 7 million metric tons. Since 1997, the country has seen an average annual growth rate of 3.1%. Mexico is currently the world's largest sugar producer, with an output of 7 million metric tons. Brazil, Thailand, and China come in second, third, and fourth place, respectively. By 2026, Russian sugar production is projected to grow to 8 million metric tons, or 2.2% year-on-year. This would make Russia the seventh-largest producer in the world.
