Global sugar output seen 1.6-million-tonne surplus in 2025–26

18-Nov-2025 12:07 PM

London. A report by the International Sugar Organization (ISO) states that during the 2024-25 season, sugar production was 2.92 million tons less than global consumption, while in the 2025-26 season, a surplus of 1.6 million tons is expected. Sugar production is seeing a significant increase in countries in the Southern Hemisphere.

According to the ISO's quarterly report, global sugar production is projected to reach 181.8 million tons during the 2025-26 season, significantly higher than the 176.2 million tons estimated for the 2024-25 season.

Under this, there are good prospects for increased production, especially in India, Thailand, and Pakistan. Although global sugar consumption is projected to increase from 179.1 million tons to 180.2 million tons during the period under review,

it will still be 1.6 million tons lower than production of 181.8 million tons. Previously, global sugar consumption had reached an all-time high of 181.2 million tons in the 2023-24 season.

According to the ISO, global sugar trade is expected to slightly increase to 64.7 million tons during the 2025-26 season, an increase of 0.8 million tons from 63.9 million tons in the 2024-25 season.

Surplus stocks of sugar available for export compared to import demand may continue to exert some pressure on global sugar market prices.

The organization had estimated global import demand for sugar at 63.8 million tons in its August report, which it revised downward to 63.0 million tons in its November report.

Global surplus sugar stocks are projected to reach 95 million tonnes at the end of the 2025-26 season. Sugar production in India is expected to increase significantly.