Global Sugar Consumption
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Global Sugar Consumption

TCIL Gurgaon

Global scenario

Supply and demand
 
In 2007-08, global sugar consumption totalled 157.6 million tonnes vis-a-vis 167.2 million tonnes of global production, creating a 9.6-million tonnes surplus. In 2008-09, however, a reversal of this trend was seen. According to the Czarnikow Research, 2008-09 sugar production is expected to reach 153.5 million tons, down 13.7 million tons from the previous year. The deficit is expected to be around 7.1 million tons. The world consumption is projected at 160.6 million tons, up 1.9% from 2007-08.
 
 
 
India and Brazil continued to dominate global sugar production, followed by EU27, China, Thailand and the US. In SY 2007-08, India and Brazil contributed 61.6 million tonnes, compared with a cumulative 166.7 million tonnes of global production.
 
 
Currently 69% of the world's sugar is consumed in the countries of origin, while the balance is globally traded. India is the largest global sugar consumer while Asia has surpassed global consumption. The long-term potential for consumption growth, particularly in southern African countries, remains positive. Besides, Chinese consumption has increased, thanks to a resurgent economy.
 
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