The world sugar economy returned a surplus in 2022, after just one year of deficit - world output exceeded global use by 2.612 mln tonnes.
World production during 2022 reached 178.930 mln tonnes, a new record. A year-on-year increase of 13.818 mln tonnes is the second highest in history after 15.049 mln tonnes in 2011.
World consumption rose in 2022 to 176.318 mln tonnes, up 7.045 mln tonnes or 4.2% from the previous year. Despite such a considerable growth in the use of sugar, in terms of per capita consumption the world average, at 22.1 kg, just recovered to that of the pre-Covid 2019.
Despite a statistical surplus, world market prices for both raw and white sugar remained relatively strong throughout the year. Indeed, the lowest daily raw sugar price (measured by the ISA daily price) was as high as USD16.81 cents/lb which can be compared to USD14.72 cents/lb during 2021.
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Back issues of the ISO Sugar Yearbook are also available @ £200.00 per copy
Hardcopies of the Sugar Yearbook will be available in November 2023
Members of the 1992 International Sugar Agreement The World Sugar Economy in 2022 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