Sugars: n.e.c. in heading no. 1702, including invert sugar and other sugar and sugar syrup blends containing, in the dry state, 50% by weight of fructose

In 2024, sugars: n.e.c. in heading no. 1702, including invert sugar and other sugar and sugar syrup blends containing, in the dry state, 50% by weight of fructose trade exhibited strong growth, with global flows reaching $3,581,838,967 and a three-year compound annual growth rate of +16.2% (five-year: +15.6%). The all-time peak of $3,581,838,967 was recorded in 2024.

Over the 30-year observation window (1995–2024), 90% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is strengthening (+7.1% acceleration).

The World Trade Flows Characterization classifies sugars: n.e.c. in heading no. 1702, including invert sugar and other sugar and sugar syrup blends containing, in the dry state, 50% by weight of fructose as "One-way trade" in the high price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.133). The three largest exporters — Thailand ($1.1B), China ($520.6M), and France ($362.0M) — collectively dominate supply flows. The leading exporter has grown at +65.8% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.120). The three largest import markets are China ($1.2B), United States ($210.9M), and Germany ($176.6M). The largest importing market sources from 46 different supplying countries.

Estimated substitution elasticity: -3.77. Buyers have moderate flexibility to shift sourcing, but face some switching costs.

The dominant trade corridor is Thailand → China at $1.0B, representing 88.5% of the importer's total demand.

The volatility score for sugars: n.e.c. in heading no. 1702, including invert sugar and other sugar and sugar syrup blends containing, in the dry state, 50% by weight of fructose is 12 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, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

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