Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter

In 2024, sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter trade exhibited modest growth, with global flows reaching $21,041,662,271 and a three-year compound annual growth rate of +14.7% (five-year: +15.5%). The all-time peak of $21,041,662,271 was recorded in 2024.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is strengthening (+10.6% acceleration).

The supply side is concentrated (Herfindahl-Hirschman Index 0.573). The three largest exporters — Brazil ($15.9B), Australia ($1.3B), and Thailand ($1.0B) — collectively dominate supply flows. The leading exporter has grown at +24.6% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.052). The three largest import markets are Indonesia ($2.5B), China ($1.7B), and United States ($1.7B). The largest importing market sources from 11 different supplying countries.

The dominant trade corridor is Brazil → Indonesia at $1.7B, representing 67.8% of the importer's total demand.

The volatility score for sugars: cane sugar, raw, in solid form, other than as specified in subheading note 2 to this chapter, not containing added flavouring or colouring matter is 7 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.