Key Market Indicators
Global sugar consumption is expected to rise by more than 45 million kilograms over the next five years. This growth is driven by a 1% year-on-year increase in demand. France, Italy, and Poland ranked second, third, and fourth respectively in terms of consumption in 2020. Romanian sugar production is forecast to decrease by approximately 1.1% annually over the next five years. It has been in decline since 1966, with a 3.5% year-on-year drop. Romania was in 69th place in 2021, with Moldova overtaking it with 126,090 metric tons. Brazil, Thailand, and China ranked second, third, and fourth respectively in terms of production in 2021.