Expected development of the price of sugar worldwide 2023-2032

The global price of high fructose corn syrup was forecast to decrease between 2023 and 2032 by in total 71.5 U.S. dollars per tonnes. This overall decrease does not happen continuously, notably not in 2026, 2027, 2028, 2029, 2030, 2031 and 2032. The global price is estimated to amount to 758.23 U.S. dollars per tonnes in 2032. Notably, the global price of high fructose corn syrup was continuously increasing over the past years.World price refers to the price of commodities outside of one's own country and is determined by global levels of supply and demand.Sugar manufacturing Sugar manufacturing is a long and meticulous process to execute. The initial steps include cleaning, milling, and clarification; it then moves to evaporation and crystallization, finishing with crystal separation. The sugar is refined before it hits the shelves to ensure all impurities get extracted. In 2023, the sugar manufacturing market value was forecasted at around 78 billion U.S. dollars, a 45 percent decrease from the market value in 2012. Since 2012, the decrease has fluctuated between 60 to 90 billion U.S. dollars . Sugar production and consumption As of 2023/2024, sugar production worldwide was about 183 million metric tons, a 13 percent increase from 2010/2011. The production value is forecasted to increase by just over 2 million metric tons by 2024/2025. Sugar consumption worldwide is also forecasted to slightly increase in 2024/2025 by just over 1 million metric tons from the previous year. The consumption of sugar has grown over the years and has increased by just over 13 percent from 2010/2011 to 2023/2024.

全球高果糖玉米糖浆的价格预计将在2023年至2032年期间总计下降71.5亿美元/吨。然而，这种整体下降并非连续发生，尤其在2026年、2027年、2028年、2029年、2030年、2031年和2032年并未出现显著下降。预计到2032年，全球高果糖玉米糖浆的价格将达到每吨758.23美元。值得注意的是，在过去几年中，全球高果糖玉米糖浆的价格持续上升。世界价格指的是一国之外的商品价格，它由全球供需水平所决定。糖制造业是一项漫长而细致的过程，其初始步骤包括清洗、磨碎和澄清；随后进入蒸发和结晶阶段，最终完成晶体分离。在产品上架之前，对糖进行精炼以确保所有杂质被提取。预计到2023年，糖制造业的市场价值约为780亿美元，较2012年的市场价值下降了45%。自2012年以来，市场价值的下降幅度在600至900亿美元之间波动。糖的生产与消费截至2023/2024年度，全球糖产量约为1.83亿吨，较2010/2011年度增长了13%。预计到2024/2025年度，产量将增加超过200万吨。全球糖消费量预计在2024/2025年度也将略有增加，较上一年度增长超过100万吨。多年来，糖的消费量持续增长，从2010/2011年度至2023/2024年度增长了超过13%。