In 2023, India held the largest share of global raw sugar equivalent demand, followed by China and Brazil. India's demand increased slightly, indicating ongoing growth. In contrast, China's demand remained stable, showing no significant year-on-year variation. Emerging economies like Indonesia and Bangladesh showed substantial growth, reflecting increasing consumption and market potential.
Looking ahead, the global raw sugar equivalent demand is expected to be influenced by rising consumption in developing nations and food industry dynamics. Monitoring these markets will be crucial to understanding shifts in demand patterns and assessing potential impacts on the global sugar supply chain.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 16.74 | 2023 | +0.95% | +0.67% | View data |
| 2 | 2 China | 8.23 | 2023 | 0% | 0% | View data |
| 3 | 3 Brazil | 7.21 | 2023 | +0.032% | +0.18% | View data |
| 4 | 4 United States | 6.32 | 2023 | +0.24% | +0.19% | View data |
| 5 | 5 Indonesia | 4.08 | 2023 | +2.42% | +2.24% | View data |
| 6 | 6 Russia | 3.8 | 2023 | +0.2% | +0.18% | View data |
| 7 | 7 Pakistan | 3.02 | 2023 | +0.92% | +0.76% | View data |
| 8 | 8 Mexico | 2.72 | 2023 | 0% | +0.25% | View data |
| 9 | 9 Germany | 2.02 | 2023 | 0% | -0.079% | View data |
| 10 | 10 Egypt | 2.01 | 2023 | +0.97% | +1.17% | View data |
