Based on the 2023 data, Brazil continues to dominate the global centrifugal sugar export market with a significant share of 48.21%. Thailand follows distantly with 14.83%, while India holds 9.64%. Key trends include notable growth in the UAE (35.65%) and Azerbaijan (130.45%), while Mexico experienced a significant decline (-13.77%). Countries like Uganda (112.17%) and sub-Saharan African nations demonstrated varying growth rates, reflecting potential opportunities and challenges within these markets. Conversely, severe declines were seen in Cuba (-29.6%), Vietnam (-51.16%), and Kazakhstan (-100%), indicating problematic areas.
Future trends to watch include the ongoing expansion in the Middle East and Africa, driven by strategic investments and favorable trade policies. Conversely, traditional sugar exporters like Mexico and Pakistan may face continued declines unless substantial economic and agricultural reforms are implemented. Additionally, the stabilization of export values in emerging markets such as Uzbekistan and Uganda will be critical for maintaining global market equilibrium.
Top countries in Centrifugal Sugar Export Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 48.21 | 2023 | +15.25% | +10.64% | View data |
| 2 | 2 Thailand | 14.83 | 2023 | +5.26% | -1.18% | View data |
| 3 | 3 India | 9.64 | 2023 | -12.55% | +6.7% | View data |
| 4 | 4 Australia | 4.9 | 2023 | +1.54% | -2.45% | View data |
| 5 | 5 Guatemala | 2.47 | 2023 | +0.3% | -4.8% | View data |
| 6 | 6 Mexico | 1.65 | 2023 | +3.92% | -13.77% | View data |
| 7 | 7 United Arab Emirates | 1.42 | 2023 | +2.13% | +35.65% | View data |
| 8 | 8 South Africa | 1.14 | 2023 | +6.65% | -5.85% | View data |
| 9 | 9 Morocco | 1.07 | 2023 | +1.41% | +7.69% | View data |
| 10 | 10 Colombia | 1.01 | 2023 | +1.49% | -3.22% | View data |
