Main Features of the World Sugar Economy

The world sugar economy returned a small surplus in 2023, world output exceeds global use by 0.046 mln tonnes. 

World production during 2023 reached 177.929 mln tonnes, up 1.27% on the revised 2022 total of 175.695 mln tonnes.  This year-on-year increase is modest compared to last year’s rise of 9.942 mln tonnes. Output declined in the three years prior to 2022 by an aggregate total of 13.011 mln tonnes, implying that world production in 2023 is still below the 2018 figure of 178.765 mln tonnes.

Global consumption in 2023 was finalised at 177.883 mln tonnes, up 1.074 mln tonnes on last year despite declines in EU, Vietnam and unknown net-trade. Global per capita consumption is estimated at 22.1 kg, down 0.1kg on last year.

World market prices for both raw and white sugar remained strong throughout the year. The highest daily ISA raw sugar price was USD27.14 cents/lb which can be compared to USD20.30 cents/lb during 2022.

The ISO Sugar Yearbook provides:

• Comprehensive coverage of world production, consumption, trade and stocks for the past seven years (2016-2023).
• About 350 pages, nearly 150 country tables showing production, consumption and trade by countries of origin and destination for the eight years and 16 general tables including raw and white sugar trade and per capita consumption.
• The most complete, authoritative and up to date source of world sugar statistics available. Available in  Hardcopy (pocket size) and electronic version (PDF, Excel & Word)

Corporate copies of the Sugar Yearbook are available to order on request with a one page overview of your company and logo at a discounted price (minimum order of 50 books)

Back issues of the ISO Sugar Yearbook are also available @ £200.00 per copy

Hardcopies of the Sugar Yearbook will be available in November 2024

Contents:

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