Browse Data and Analysis

The Marketing Year (MY) 2025/26 sugar beet area and production figures are forecast to remain the same as last year. Centrifugal sugar production remains the same year-on-year at 3.1 million metric tons, assuming favorable weather conditions.

China’s MY 2025/26 sugar production is forecast at 11.5 MMT, up 500,000 MT from the MY 2024/25 estimate, as planted areas continue to rise and weather conditions remain favorable.

Turkiye’s beet sugar production in marketing year (MY) 2024/25 is forecast to decline year-over-year due to dry and hotter-than-normal weather conditions in the country’s beet growing areas.

China’s MY 2024/25 sugar production is forecast at 11 MMT, up 600,000 MT as acreage for both cane and beet are up and competition crops are less profitable.

In MY 2024/25, the sugar beet area harvested is expected to slightly expand year-to-year as farmers switch to growing more beets in hopes of capturing higher returns compared to sunflowers and corn.

China’s MY 2024/25 sugar production is forecast at 10.4 MMT as the planted areas for both cane and beet are expected to rise. Given sugar prices are expected to trend down, China’s MY 2024/25 sugar consumption estimate is also forecast to increase to 15.7 MMT.

MY 2022/23 China’s sugar imports declined due to escalating world prices. Following suit, Chinese sugar prices spiked at the highest levels since 2012.

The area planted in sugar beets in MY 2023/24 is forecast marginally higher as some farmers will likely switch to growing beets in hopes of better returns. Despite this increase in acreage, beet sugar production is projected to remain flat year-to-year at 3 million metric tons because of drought conditions.

MY 2022/23 cane sugar production is estimated at 7.92 MMT, revised down 1.08 MMT from the USDA official estimate due to lower-than-normal rainfall in Guangxi, China’s largest sugar producing province. Sugar consumption has begun to rebound since after the removal of COVID-related restrictions. As China’s sugar imports are curbed by high world prices, stocks are likely to decline.

China’s estimated MY2021/22 sugar imports and stocks are revised upward, while consumption is revised downward due to low world prices and COVID-related policy impacts. Assuming beet acreage rebounds in Inner Mongolia, the MY2022/23 sugar production remains forecasted at 10 MMT.

Turkey’s sugar beet production is forecast at 21.5 million metric tons (MMT) in MY 2022/23 and is expected to result in 3.05 MMT of sugar. The quotas for MY 2022/23 were announced on March 20, 2022 by a presidential decree as 2.68 MMT for sugar beets and 68.75 MT for starch-based sugar. On May 27, 2022, the tariff quota for sugar imports was released via communiqué as 400,000 MT

MY 2021/22 estimates for production, trade, and consumption are all revised downward.