In 2023, India's sugar crop processing maintained the largest share, yet it observed a slight decline of 0.98%. Brazil followed as a significant producer, showing a stable increase of 0.53%. Notable growth occurred in Iran, Russia, and France, enhancing their standings by 2.87%, 1.59%, and 2.05%, respectively. Meanwhile, traditional leaders like China and Indonesia saw reductions of 2.45% and 1.42%. Countries like Italy and Venezuela recorded significant declines, reflecting broader challenges within their agrarian sectors.
Future trends worthy of monitoring include:
- The potential for continued growth in emerging markets such as Kyrgyzstan, Iran, and Tunisia, influenced by favorable agronomic policies.
- The impact of global climate change on sugarcane growing regions, potentially affecting outputs.
- The technological innovations aiming to enhance production efficiency that could rebalance global shares.
Top countries in Sugar Crops Processing Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 20.01 | 2023 | +0.21% | -0.98% | View data |
| 2 | 2 Brazil | 17.19 | 2023 | -1.31% | +0.53% | View data |
| 3 | 3 Thailand | 8.28 | 2023 | +1.67% | -0.3% | View data |
| 4 | 4 China | 5.85 | 2023 | -1.75% | -2.45% | View data |
| 5 | 5 Pakistan | 3.95 | 2023 | +0.6% | +1.5% | View data |
| 6 | 6 United States | 3.83 | 2023 | +0.67% | +0.49% | View data |
| 7 | 7 Mexico | 3.65 | 2023 | +0.5% | +0.42% | View data |
| 8 | 8 Russia | 2.78 | 2023 | +1.22% | +1.59% | View data |
| 9 | 9 France | 2.31 | 2023 | +1.68% | +2.05% | View data |
| 10 | 10 Australia | 2.21 | 2023 | +0.73% | +1.27% | View data |
