Trade & Market Access
Free and fair global trade and diversified markets will promote the continued success of the Australian sugar industry.
Australia ranks amongst the world’s most efficient producers of high-quality raw sugar. With a relatively small domestic market, continuing access to existing and new, higher-earning export markets is vital.
The importance of stability in international markets
Around 85 per cent of the 4 – 4.5 million tonnes of raw sugar produced annually in Australia is exported to South Korea, Japan and Indonesia, where it is refined into white, food-grade sugar.
With little to no domestic support, access to a broader export market is vital. As global demand grows by 1.8% to 2% per year, countries with the largest import requirements include China, Indonesia and the USA. Australia competes for a share of this global market against countries such as Brazil, Thailand, Guatemala, India and Mexico.
Global sugar markets are highly distorted and defined by trade restriction and supply-side subsidies in many jurisdictions. This not only reduces the potential economic gains for the Australian sugar industry but creates highly volatile international prices for sugar, defined by regular booms and busts.
Recognising our sustainability performance
The Australian sugar industry is developing and committed to delivering a comprehensive sustainability framework to promote and guarantee our sustainable practices in international markets. This framework aligns with the growing global trend toward higher sustainability standards, driven by increasing consumer, regulatory, and industry demands. Federal support is essential to ensure the successful promotion and acceptance of this framework among international customers, safeguarding market access and enhancing Australia’s reputation as a leader in sustainable agriculture.