The world sugar economy returned a small deficit in 2024, world output falling short of global use by0.337 mln tonnes.
World production during 2024 reached 180.405 mln tonnes, up 1.5% on the revised 2023 total of 177.762mln tonnes. Figures for earlier years are unchanged. This season’s output is the first to vault the 180 mln tonne level and finally exceeds the 2018 total.
Global consumption in 2024was finalised at 180.742 mln tonnes, up from 177.705 mln tonnes in 2023. While there were substantial variances in figures reported by members, the 1.71% rise points to underlying consumption strength and a six year high in per capita consumption of 22.3kg.
World market prices for both raw and white sugar fell during 2024. In terms of the annual averages, the ISA daily price slipped 13.3% to USD20.32 cents/lb.
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Members of the 1992 International Sugar Agreement The World Sugar Economy in 2023 Explanatory Notes Afghanistan Albania Algeria Angola Argentina Armenia Australia Azerbaijan Bangladesh Barbados Belarus Belize Benin Bolivia Bosnia Brazil Burkina Faso Burundi Cambodia Cameroon, U.R. Canada Cape Verde Central African Rep. Chad Chile China China (Taiwan) Colombia Congo, Dem. Rep. Congo, Rep. of Costa Rica Côte d’Ivoire Cuba Dominican Rep. Ecuador Egypt, Arab Rep. El Salvador Eswatini Ethiopia EU Fiji French Territories Gabon Gambia Georgia Ghana Guatemala Guinea Guyana Haiti Honduras Hong Kong Iceland India Indonesia Iran Iraq Israel Jamaica Japan Jordan Kazakhstan Kenya Korea, P.D.R. Korea, Rep. of Kuwait Kyrgyzstan Lao, P.D.R. Lebanon Libyan Arab Jamahiriya Madagascar Malawi Malaysia Mali Mauritania Mauritius Mexico Moldova, Rep. of Morocco Mozambique Myanmar Namibia Nepal New Zealand Nicaragua Niger Nigeria North Macedonia Norway Pakistan Panama Papua New Guinea Paraguay Peru Philippines Russian Federation Rwanda Saudi Arabia Senegal Serbia Sierra Leone Singapore Somalia South Africa Sri Lanka Sudan Suriname Switzerland Syrian Arab Rep. Tajikistan Tanzania, U.R. Thailand Togo Trinidad & Tobago Tunisia Türkiye Turkmenistan Uganda Ukraine United Arab Emirates United Kingdom USA Uruguay Uzbekistan Venezuela Viet Nam Yemen Rep. Zambia Zimbabwe GENERAL TABLES World Sugar Situation World Production World Exports World Imports Gross Exports of Raw Sugar Gross Exports of White Sugar Gross Imports of Raw Sugar Gross Imports of White Sugar World Consumption World Stocks World Per Capita Consumption Wholesale and Retail Sugar Prices Monthly Sugar Prices Equivalent Weights and Measures