In 2023, India led the global sugar crop market with a volume of 47.11 thousand metric tons, displaying a moderate yearly growth of 0.63%. Brazil and Thailand followed, showing slight positive and negative y-o-y changes of 0.096% and -0.93%, respectively. Egypt and Pakistan had substantial variances, with Egypt declining by 0.37% and Pakistan surging by 9.85%. Smaller producers, like Uganda and Taiwan, saw notable increases of 2.44% and 10.26%, contrasting with steep declines in Sri Lanka and Iran at -15.4% and -41.7%, respectively.
Future trends suggest increasing sugar production in regions like Africa, with Kenya and Uganda showing growth potential. Asia's dominance is set to continue, spearheaded by India's consistent output. Countries like Thailand need to navigate challenges impacting their declines. Globally, demand fluctuations and sustainable practices will shape market trajectories.
Top countries in Sugar Crops Market Size Volume Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 47.11 | 2023 | +0.59% | +0.63% | View data |
| 2 | 2 Brazil | 12.71 | 2023 | +1.69% | +0.096% | View data |
| 3 | 3 Thailand | 11.66 | 2023 | -0.94% | -0.93% | View data |
| 4 | 4 Egypt | 9.92 | 2023 | -0.22% | -0.37% | View data |
| 5 | 5 Pakistan | 3.83 | 2023 | -9.04% | +9.85% | View data |
| 6 | 6 Nepal | 3.22 | 2023 | +0.35% | +0.58% | View data |
| 7 | 7 Vietnam | 2.4 | 2023 | -1.93% | -0.72% | View data |
| 8 | 8 Kenya | 2.26 | 2023 | -0.61% | +1.44% | View data |
| 9 | 9 Bangladesh | 1.05 | 2023 | +1.88% | 0% | View data |
| 10 | 10 Uganda | 0.83 | 2023 | +3.1% | +2.44% | View data |
