ISO reduced the forecast for the world sugar balance surplus in MY 2025/26

The International Sugar Organization (ISO) in its latest February forecast lowered its estimate of the global sugar surplus to 1.218 million tonnes, compared to the previous November estimate of 1.625 million tonnes.

Global sugar production is expected to be 181.3 million tonnes, 5.2 million tonnes more than last season and 0.2 million tonnes more than the total for the 2023/24 season. According to ISO estimates, the increase in global sugar production is due to increased production in India, Thailand and Pakistan, although the increase in the first two countries is smaller than in the November forecast.

According to ISO forecasts, world sugar consumption in the 2025/2026 season is estimated at 180.1 million tonnes, which is 0.5 million tonnes more than in the previous season and less than in the 2023/24 season, when sugar consumption reached 181.2 million tonnes.

Changes in trade dynamics remain a key factor affecting the world sugar market. It is expected that in the 2025/26 season, the volume of world trade will remain stable. World sugar exports are forecast at 64.3 million tonnes, which is slightly lower than the 64.8 million tonnes in the previous season. World sugar imports are estimated at 63.2 million tonnes, which is 0.3 million tonnes more than in the November forecast.

Tags: sugar