USDA – Sugar: World Markets and Trade, May 2025

The main theme of the report is global sugar markets and trade.

Key findings include forecasts for sugar production in Argentina, expected at 1.88 million tons in the 2025/26 marketing year, which is 2% higher compared to the previous year and 15% higher compared to 2022/23. In Argentina, an increase in domestic demand and an expansion of sugarcane area to 418,000 hectares is anticipated. Sugar exports from Argentina are forecasted to decline due to reduced beginning stocks and increased consumption. Global sugar production is forecasted at 189.3 million tons, an increase of 8.6 million tons, with production increases in Brazil and India. In the United States, sugar production is forecasted to slightly decrease to 8.4 million tons.