In 2023, the global raw sugar production landscape was led by India, with Brazil closely following. China and the United States remain significant players, but both face declining production shares. Notable growth was observed in Pakistan, France, and Russia, where their shares increased substantially. Conversely, countries like China, Argentina, and Venezuela saw notable declines, impacting their global positions. Overall, positive growth trends were noted in Mexico, Egypt, and emerging producers like Kyrgyzstan and Kazakhstan, indicating a shift in the global sugar production dynamics.
Future trends to watch:
- Brazil's potential to surpass India, given its consistent increase in production.
- A focus on expanding production in Africa and Central Asia as new growth areas.
- Monitoring China and Venezuela's recovery strategies amid declining shares.
Top countries in Raw Sugar Equivalent Production Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 India | 17.07 | 2023 | +0.96% | -0.68% | View data |
| 2 | 2 Brazil | 17.01 | 2023 | -1.3% | +0.55% | View data |
| 3 | 3 Thailand | 8.37 | 2023 | +1.86% | -0.09% | View data |
| 4 | 4 China | 5.26 | 2023 | -2.48% | -3.31% | View data |
| 5 | 5 United States | 4.75 | 2023 | +0.67% | +0.49% | View data |
| 6 | 6 Mexico | 4.12 | 2023 | +1.16% | +1.15% | View data |
| 7 | 7 Russia | 3.7 | 2023 | +1.22% | +1.6% | View data |
| 8 | 8 Pakistan | 3.25 | 2023 | +0.64% | +1.79% | View data |
| 9 | 9 France | 3.06 | 2023 | +1.59% | +2.09% | View data |
| 10 | 10 Australia | 2.63 | 2023 | +0.4% | +0.93% | View data |
