The global sugar crops demand is dominated by Brazil, maintaining a leading position with 34.06 thousand metric tons in 2024. Followed by India, its demand share slightly declined, with recent trends showing Brazil and Pakistan gaining more ground. Countries like Russia, Iran, and Australia also exhibit increasing demand, while nations such as Thailand, Colombia, and Indonesia experience setbacks.
In analyzing the year-on-year variation, it's evident that Pakistan, Iran, and Kyrgyzstan show the highest growth. Meanwhile, Southeast Asian countries, along with some European markets, face decreasing demand. Over the past 5 years, the overall trend reveals a shift towards emerging markets with Brazil continuing its upward trajectory.
Future trends to watch include sustained demand growth in emerging markets, increasing sustainability concerns influencing sugar consumption patterns, and possible shifts due to economic policies or environmental regulations. Technological advancements and alternative sugar sources could also impact global demand dynamics. Monitoring these trends will be key for understanding the shifting landscape of the sugar market.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Brazil | 34.06 | 2023 | +0.11% | +0.24% | View data |
| 2 | 2 India | 16.53 | 2023 | +0.31% | -0.7% | View data |
| 3 | 3 Thailand | 5.99 | 2023 | +1.57% | -0.31% | View data |
| 4 | 4 China | 5.01 | 2023 | 0% | 0% | View data |
| 5 | 5 Pakistan | 3.35 | 2023 | +0.71% | +2.05% | View data |
| 6 | 6 United States | 2.94 | 2023 | +0.72% | +0.54% | View data |
| 7 | 7 Mexico | 2.57 | 2023 | +0.046% | +0.037% | View data |
| 8 | 8 Russia | 2.24 | 2023 | +1.47% | +1.59% | View data |
| 9 | 9 France | 1.96 | 2023 | +0.13% | +0.77% | View data |
| 10 | 10 Guatemala | 1.61 | 2023 | +0.43% | +0.11% | View data |
