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Sugar

What world events mean for sugar — the exporters, the routes, and the retail endpoint.

Market stress
7/10Significant
12-month price change
+12.7%
Sep ’25 → Sep ’26
Top exporter
47.4%
Brazil · of world exports

In your life

Sugar

We don't have an honest retail series for this yet — BLS publishes a sugar-and-sweets CPI, but it blends sugar with candy and other sweets, so it can't stand in for the retail price of sugar.

US scope. We show a retail endpoint only when a published BLS series measures it honestly.

Sugar is in your everyday life as your sweet tooth.

World map of Sugar exporters

Circle size ∝ share of world exports — country area does not imply volume

Top exporters
Ranked by share of world exports (2024 trade value).

Brazil

47.4% of world sugar exports · 2024 trade value

Top 3 exporters: 58.7% of world exports.

Brazil accounts for 47.4% of the world's exported sugar by value — a disruption here travels through the buyers and companies below.

What-if presets

See who depends on it ↓

Documented supply-chain relationships — independent of your scenario assumptions.

Sugar
Food and beverage manufacturers buy sweeteners (HFCS, sucrose)

high fructose corn syrup · refined sucrose

No documented company exposure in our sources for Retail: soft drinks, candy and packaged foods.

A sugar supply shock would likely first appear in futures and cash bids — timing and size are not established in our sources.

Trade structure

Critical exporters & importers

2024 vintage · annual data, 1–2y lag

Top exporters

  • Brazildominant

    47.4% of world exports

  • Thailand

    6.3% of world exports

  • India

    5% of world exports

  • France

    4% of world exports

  • Australia

    4% of world exports

Next tier: Germany (3%), Guatemala (1.9%)

Top importers

An importer is “critical” here by share of world sugar imports; the per-exporter dependency underneath is what makes a shock travel. 2024 vintage · annual data, 1–2y lag — annual data, 1–2y lag.

Moves through: Strait of Malacca · Suez Canal · Cape of Good Hope

Market stress data as of Sep 24, 2026 from the commodity supply-risk monitor.

Sugar — market stress 7/10 (Significant) | Morrowfly