Get the latest insights on price movement and trends analysis of Raw Sugar in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Raw Sugar Price Trends for the First Half of 2023
Raw Sugar experienced a surge in prices during the first two quarters of 2023. Constricted supplies were the primary reason bullish trendss were observed in the Raw Sugar market. Indian sugarcane harvest took a major hit because of uneven and unseasonal rainfall patterns. This forced the Indian Government to limit the sugar exports in order to maintain the domestic supplies.
This step by the major exporting economy created havoc, and the Raw Sugar prices surged by about 17% in the US market and stood at around 910 USD/lb (Spot FD), while a surge of around 13% was observed in the Brazilian Raw Sugar market. Overall, bullish market trendss were observed.
According to Procurement Resource, the Raw Sugar price trendss will maintain the growth momentum as the Government of India has extended the export restrictions beyond October 2023 till further notice.
Procurement Resource provides latest prices of Raw Sugar. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Raw sugar refers to sugar before the molasses is separated in the processing of sugar cane. Raw Sugar is known to be a sugar type which retains a small to large amount of molasses from the mother liquor, that is, the partially evaporated sugar cane juice. Thus, it contains all the mineral and acid impurities of the syrup. It is found in shades of brown, with flavours of caramel and smoke. Demerara sugar, Turbinado sugar, and Barbados sugar are some of the types of Raw Sugar.
|Product Name||Raw Sugar|
|Industrial Uses||Syrup, Food preparation, Beverages, Processed food|
|Synonyms||Natural Brown Sugar, Whole Cane Sugar|
|Supplier Database||Südzucker AG, British Sugar plc, Mitr Phol Group, Santushti International, Wilmar International Ltd|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Cane Sugar is processed into Raw Sugar by a sequence of operations like harvesting, cutting, crushing, extraction of juice, clarification, evaporation, and crystallisation. In sugar mills, the juice is extracted from the stalks of sugarcane via the process of milling, wherein the cane tissues are disrupted by cutting, grinding or ‘fiberizing’ to extract nearly 95–97% of available sucrose. Then, the obtained juice is filtered, and the clarified juice is concentrated through evaporation into crystalline raw sugar.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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