After one year of surplus, the world sugar economy returned to deficit in 2019. World output fell short of global use by 1.169 mln tonnes.
World production showed a reduction of 9.154 mln tonnes to 169.569 mln tonnes, a three-year low. This is the largest change since 2009. Substantial year-on-year reductions in output were noted for India (-3.638 mln tonnes), the EU (-1.880 mln tonnes), Thailand (-1.390 mln tonnes) and Pakistan (-0.950 mln tonnes). Meanwhile, production increased in Russia (+1.023 mln tonnes) compared to 2018.
World consumption declined this year, for the first time since 2011, to 170.738 mln tonnes, down 1.229 mln tonnes from last year. This fall nullifies the consumption growth in the preceding two years. World average per capita consumption in 2019 stood at 22.1 kg, down from a 2016 high of 22.9 kg.
The ISA Daily Price averaged 12.70 cents/lb, up 0.15 cents/lb on last year. The 2019 high came at the end of December, reaching 13.64 cents/lb, while the low was in September, at 11.52 cents/lb. The ISO White Sugar Price Index increased from USD343.30/tonne in 2018 to USD336.22/tonne in 2019.
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Members of the 1992 International Sugar Agreement The World Sugar Economy in 2019 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 Turkey Turkmenistan Uganda Ukraine United Arab Emirates USA Uruguay Uzbekistan Venezuela Viet Nam Yemen Rep. Zambia Zimbabwe World Sugar Situation World Production World Exports World Imports Net Exports Free Market Net Imports Free Market 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 Monthly Sugar Prices Wholesale and Retail Sugar Prices Equivalent Weights and Measures