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Sugar Prices 1962-2022 USD per pound. The sugar industry subsumes the production, processing and marketing of sugars (mostly sucrose and fructose).Globally, about 80% of sugar is extracted from sugar cane, grown predominantly in the tropics, and 20% from sugar beet, grown mostly in temperate climate in North America or Europe.
This is an accepted version of this page This is the latest accepted revision, reviewed on 5 January 2025. Sweet-tasting, water-soluble carbohydrates This article is about the class of sweet-flavored substances used as food. For common table sugar, see Sucrose. For other uses, see Sugar (disambiguation). Sugars (clockwise from top-left): white refined, unrefined, unprocessed cane, brown Sugar ...
In 1974, there was a dramatic escalation in the world price that peaked at around US$0.67 per pound of sugar. In succeeding two consecutive years, world prices of sugar fell to less than US$0.10, the price remained low until it rose before the decade ended. During the early 1980s, world sugar prices fell again, with US$0.03 per pound as the bottom.
Between the mid-2000s and 2019, sugarcane accounted for between 40 and 45 percent of the total sugar produced domestically and sugar beet for between 55 and 60 percent of production. U.S. sugar production expanded from an early-1980s average of 6.0 million short tons, raw value (STRV) to an average 8.4 million STRV between 2005/06 and 2019. [4]
About 100 of the world's 180 countries produce sugar from beet or cane, a few more refine raw sugar to produce white sugar, and all countries consume sugar. Consumption of sugar ranges from around 3 kilograms (6.6 pounds) per person per annum in Ethiopia to around 40 kg (88 lb) in Belgium.
The research surveyed 69,705 Swedish men and women, following their diet and lifestyle habits between 1997 and 2009, specifically tracking three classes of sugar: Sugar toppings like honey, sweets ...
The stock started 2024 with a pretty expensive multiple, only to end the year with an even pricier one (shares go for almost 42 times trailing price-to-earnings (P/E)).
By 1931, sugar prices had fallen from a pre-Depression level of 7 cents per pound to just one and one half cents per pound. [1] The US market for sugar was the largest in the world, consuming some 6,000,000 tons per year. [2] Of this, the US sugar industry supplied only about a third, while the rest consisted of foreign imports.