Markets and trade


International sugar prices

FAO foresees world sugar production to decline in 2018/19 (October/September), but to remain above total consumption, with the anticipated surplus likely to be smaller than last year’s record level. Expected decreases in sugar output in Brazil, the European Union (EU) and Thailand will likely be offset by expansions in China, Mexico, Australia and Egypt. On the demand side, world sugar consumption is set to rise, reflecting predicted increases in several developing countries, prompted by lower domestic sugar prices. Sugar consumption growth is expected to be particularly marked in Africa, Asia and Central America and the Caribbean. Sufficient domestic supplies in traditional importing countries should lead to a contraction in global import demand relative to the last marketing season. The implementation of import restriction measures in some major markets could also limit global import demand. Exports are set to fall for Brazil, the world’s largest sugar exporter, but to rise for Thailand, the second largest sugar exporter, prompted by abundant sugar stocks. A key feature in the current season is India maintaining its status as the world’s largest sugar producer for the second consecutive season, surpassing Brazil.

Food Outlook: Sugar chapter - This report examines the short-term outlook for the world sugar market

The upturn in world crude oil prices expected to create a price floor effect for international sugar prices this short analysis describes the relationship between sugar prices and crude oil prices.

OECD-FAO Agricultural Outlook 2018-2027 – This report examines the medium-term outlook for World sugar market.

Commodity Market Review 2009-2010
The Commodity Market Review (CMR), a biennial publication of the FAO Trade and Markets Division, examines in depth issues relating to agricultural commodity market developments that are deemed by FAO as current and crucial for FAO’s member countries.

Structural changes in the sugar market and implications for sugarcane smallholders in developing countries - Country case studies for Ethiopia and the United Republic of Tanzania
This study looks at the contribution of the sugar sub-sector to smallholder’s livelihood based on field survey samples collected from sugar producing regions in Tanzania and Ethiopia.

The Brazilian ethanol programme: FAO Commodity and trade policy research working paper No. 1
The sugar market in Brazil has a strong relationship with the ethanol market. The Brazilian government has now abolished all the sugar market intervention measures except for the control on the ethanol-gasoline blend ratio. In this study, implications of a change in blend ratio to the sugar markets, particularly in its production resource use is investigated by applying a newly developed Ethanol-sugar market.

FAO trade policy technical notes - No. 6. Sugar: the impact of reforms to sugar sector policies - a guide to contemporary analyses
This technical note is intended as a guide to assist in the interpretation of a range of existing analytical studies of the impact of current sugar sector policies on world market conditions and on developing country producers, and of the insights that these studies can provide (and those that they cannot) in determining the potential impacts of future reform initiatives.