What is the price of sugar per kilogram/pound in China today?
The retail price range for China sugar is between US$ 0.73 and US$ 1.71 per kilogram or between US$ 0.33 and US$ 0.78 per pound(lb). Click here to see today's exact prices of sugar in China
The retail price range in Yuan Renminbi for sugar is between CNY 5.14 and CNY 12.00 per kilogram or between CNY 2.33 and CNY 5.44 per pound(lb) in Beijing and Shanghai.
Wholesale prices
In 2024, the approximate wholesale price range for China sugar is between US$ 0.51 and US$ 1.20 per kilogram or between US$ 0.23 and US$ 0.54 per pound(lb).
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China Sugar Export Prices - Historical, Trends and Prediction
The export price of sugar from China over the last five years has seen a steady decline. In 2017, the export price per kilogram was 0.57 US dollars, dropping to 0.51 US dollars in 2018 and 0.47 US dollars in 2019. However, in 2020 the price rose slightly to 0.49 US dollars before increasing again to 0.56 US dollars in 2021. The current export price per kilogram is 0.63 US dollars. Based on this trend, it is predicted that the export price of sugar from China in 2023 will be 0.70 US dollars and in 2024 will be 0.77 US dollars.The China sugar exports are categorised as:
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
China Sugar Import Prices - Historical, Trends and Prediction
The import price per kilogram of sugar into China over the last five years has seen a steady decline. In 2017, the price was 0.57 US dollars per kg, dropping to 0.51 US dollars per kg in 2018. This downward trend continued in 2019, with the price falling to 0.47 US dollars per kg. In 2020, the price rose slightly to 0.49 US dollars per kg, before increasing again in 2021 to 0.56 US dollars per kg. The most recent data shows that the import price per kilogram of sugar into China is 0.63 US dollars per kg. Based on this trend, it is predicted that the import price per kilogram of sugar into China in 2023 will be 0.60 US dollars per kg, and in 2024 will be 0.57 US dollars per kg.Export values for China sugar
The total values in export for sugar in China were US$ 83,180, US$ 90,593, US$ 100,605 and US$ 87,367 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in China: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of sugar in other countries across Asia: Kazakhstan sugar, Kyrgyzstan sugar, Tajikistan sugar, Turkmenistan sugar, Uzbekistan sugar, China sugar, Hong Kong sugar, Macao sugar, North Korea sugar & Mongolia sugar.
China sugar - Production, Exports, Imports, Seasons and HS Codes
In 2019 China exported 185,600 tonnes of sugar. For 2019 alone, the demand for China sugar (processed category) has gone down, with a change of -5.183 percent compared to the year 2018. Between 2017 and 2019, sugar's exports grew by 17.52 percent earning China US$87.37m for the year 2019. China's sugar exports are classified as:
- Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar containing added flavouring or colouring and raw sugar) (HS code 170199)
- Raw cane sugar (excluding added flavouring or colouring) (HS code 170111)
- Refined cane or beet sugar, containing added flavouring or colouring, in solid form (HS code 170191)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter (excluding cane sugar of 1701 13) (HS code 170114)
- Raw cane sugar, in solid form, not containing added flavouring or colouring matter, obtained without centrifugation, with sucrose content 69° to 93°, containing only natural anhedral microcrystals (see subheading note 2.) (HS code 170113)
- Raw beet sugar (excluding added flavouring or colouring) (HS code 170112)
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China sugar export values
In 2019, China supplied sugar with a value of 87.37m USD, a contraction of -13.16% from 2018's total sugar export of 100.605m USD. The yearly reduction in value of China sugar between 2017 to 2018 was 11.052%.
The annual/yearly variation in the volume of China's sugar exports between 2017 and 2019 was 17.52 percent compared to a variation of -5.183% in the period between 2018 and 2019.
Export markets for China sugar ( in '000$ )
China's leading export markets for sugar are the Philippines, Ecuador, Singapore, Guatemala and Poland.
China bought 3,391,607 tonnes of sugar in 2019.