The 2023 data shows India and Brazil as the leading global suppliers of centrifugal sugar, with India slightly ahead. However, Brazil exhibited a notable year-on-year increase of 6.51%, while India experienced a decline of 3.21%. Thailand, China, and the United States also maintain strong positions, though China and Thailand are in decline. Lesser suppliers like Ethiopia and Laos saw significant increases, indicating potential growth areas. Conversely, countries like Ukraine and South Africa faced declines, posing challenges to their supply share.
Future observations should focus on the continued rise of Brazil, potential recovery of major declining suppliers, and growing influence of smaller countries like Ethiopia and Laos as they might reshape global supply dynamics. Additionally, overall market dynamics may be influenced by environmental factors, agricultural policies, and technological advancements in sugar production.
Top countries in Centrifugal Sugar Supply Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 15.1 | 2023 | 0% | -3.21% | View data |
| 2 | 2 Brazil | 14.88 | 2023 | +8.6% | +6.51% | View data |
| 3 | 3 Thailand | 6.09 | 2023 | -15.79% | -4.44% | View data |
| 4 | 4 China | 5.96 | 2023 | -6.09% | -4.86% | View data |
| 5 | 5 United States | 4.61 | 2023 | -2.14% | +0.22% | View data |
| 6 | 6 Indonesia | 3.77 | 2023 | -0.095% | +2.45% | View data |
| 7 | 7 Pakistan | 3.65 | 2023 | -4.12% | +3.98% | View data |
| 8 | 8 Russia | 2.65 | 2023 | +5.7% | +0.96% | View data |
| 9 | 9 Mexico | 2.5 | 2023 | +1.95% | -3.55% | View data |
| 10 | 10 Australia | 1.6 | 2023 | -0.22% | -1.6% | View data |
