What is the highest annual sugar (no. 11) value in this dataset?

$0.29 ($/lb) in 1974 annual value. This is the highest annual observation within 1960–2025, rather than a daily market record.

How are inflation-adjusted prices calculated?

Each nominal observation is multiplied by the site’s reference CPI divided by the CPI for that observation’s year. The same inflation calculation is used across commodity charts.

Agriculture & Softs Series coverage: 1960–2025

Sugar (No. 11) Historical Price Archive

Annual Sugar (No. 11) Price Archive

Cite Data

World Sugar No.

Annual Sugar, world benchmark price: World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per kilogram are converted to dollars per pound.

Sugar (No. 11) Interactive Price History (1960–2025)

Inflation-Adjusted (Real 2026 USD)

Drag to pan, scroll to zoom, and hover for annual values.

Loading chart. Annual values are also available in the table below.

Data sources: World Bank Annual Observations

Sugar (No. 11) Historical Eras & Macro Cycles

Detailed analysis of secular supercycles, wartime allocations, and price shocks

Sugar (No. 11) historical observations

1960–2025

World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per kilogram are converted to dollars per pound.

Price Behavior Annual observations range from $0.02 to $0.29 ($/lb).

Key Catalysts

Supply and production
Industrial and consumer demand
International trade

Sugar (No. 11) Complete Historical Price Table (1960–2025)

Nominal vs. Real Inflation-Adjusted Prices in 2026 USD

Year	Nominal Price ($/lb)	Real Price (2026 USD)	CPI / Historical Estimate	Historical Context / Market Event
2025	$0.168	$0.170	321.9	—
2024	$0.204	$0.220	313.7	Record Center-South Brazilian Sugarcane Crush (650M Tonnes)
2023	$0.236	$0.260	304.7	El Niño Dries Indian & Thai Cane Fields (12-Year Peak at $0.28/lb)
2022	$0.186	$0.210	292.7	—
2021	$0.177	$0.220	271.0	—
2020	$0.127	$0.160	258.8	COVID-19 Indian Ethanol Diversion
2019	$0.127	$0.170	255.7	—
2018	$0.127	$0.170	251.1	—
2017	$0.159	$0.220	245.1	—
2016	$0.181	$0.250	240.0	—
2015	$0.136	$0.190	237.0	—
2014	$0.168	$0.240	236.7	—
2013	$0.177	$0.250	233.0	—
2012	$0.213	$0.310	229.6	—
2011	$0.259	$0.390	224.9	Indian Export Bans & Brazilian Rains ($0.35/lb Peak)
2010	$0.213	$0.330	218.1	—
2009	$0.181	$0.280	214.5	—
2008	$0.127	$0.200	215.3	—
2007	$0.100	$0.160	207.3	—
2006	$0.150	$0.250	201.6	—
2005	$0.100	$0.170	195.3	—
2004	$0.073	$0.130	188.9	—
2003	$0.073	$0.130	184.0	Brazil Commercializes Flex-Fuel Cars (Ethanol Parity Anchor)
2002	$0.068	$0.130	179.9	—
2001	$0.086	$0.160	177.1	—
2000	$0.082	$0.160	172.2	—
1999	$0.064	$0.130	166.6	Brazilian Real Devaluation Encourages Export Dumping
1998	$0.091	$0.190	163.0	—
1997	$0.113	$0.240	160.5	—
1996	$0.118	$0.250	156.9	—
1995	$0.132	$0.290	152.4	—
1994	$0.122	$0.280	148.2	—
1993	$0.100	$0.230	144.5	—
1992	$0.091	$0.220	140.3	—
1991	$0.091	$0.220	136.2	—
1990	$0.127	$0.330	130.7	—
1989	$0.127	$0.340	124.0	—
1988	$0.100	$0.280	118.3	—
1987	$0.068	$0.200	113.6	—
1986	$0.059	$0.180	109.6	—
1985	$0.041	$0.130	107.6	Record Structural Surplus (Low of 2.7 Cents/lb)
1984	$0.050	$0.160	103.9	—
1983	$0.086	$0.290	99.6	—
1982	$0.086	$0.300	96.5	—
1981	$0.168	$0.620	90.9	—
1980	$0.286	$1.16	82.4	Soviet Beet Crop Failure (Futures Spike to $0.45/lb)
1979	$0.095	$0.440	72.6	—
1978	$0.077	$0.400	65.2	—
1977	$0.082	$0.450	60.6	—
1976	$0.113	$0.670	56.9	—
1975	$0.204	$1.27	53.8	—
1974	$0.295	$2.00	49.3	The Great Sugar Crisis: All-Time Nominal Record Peak ($0.66/lb in Nov 1974)
1973	$0.095	$0.720	44.4	—
1972	$0.073	$0.580	41.8	—
1971	$0.045	$0.380	40.5	—
1970	$0.036	$0.310	38.8	—
1969	$0.032	$0.290	36.7	—
1968	$0.018	$0.170	34.8	—
1967	$0.018	$0.180	33.4	—
1966	$0.018	$0.190	32.4	—
1965	$0.018	$0.190	31.5	Global Cane Overproduction Glut
1964	$0.059	$0.640	31.0	—
1963	$0.082	$0.890	30.6	Cuban Production Drop & Hurricane Flora
1962	$0.027	$0.300	30.2	—
1961	$0.027	$0.300	29.9	—
1960	$0.032	$0.360	29.6	US Cuts Cuban Sugar Import Quota Following Castro Revolution

Frequently Asked Questions: Sugar (No. 11) History

Targeted answers to high-frequency historical and economic queries

What does this sugar (no. 11) chart measure?: Annual Sugar, world benchmark price. World Bank annual nominal observations from the Pink Sheet workbook. Unit conversions and CPI adjustments are calculated by CommoditiesHistory.com. No incomplete 2026 annual value is included. Published dollars per kilogram are converted to dollars per pound.
What is the highest annual sugar (no. 11) value in this dataset?: $0.29 ($/lb) in 1974 annual value. This is the highest annual observation within 1960–2025, rather than a daily market record.
How are inflation-adjusted prices calculated?: Each nominal observation is multiplied by the site’s reference CPI divided by the CPI for that observation’s year. The same inflation calculation is used across commodity charts.

Cite This Dataset

World Bank: Commodity Price Data (Pink Sheet): Sugar, world — Data providers: International Monetary Fund; World Bank.; Bloomberg Finance L.P., World Bank.; Bloomberg Finance L.P.; International Sugar Organization; Thomson Reuters Datastream; World Bank. — Underlying source data: CC BY 4.0. Source terms and acknowledgment requirements. Unit conversions and inflation adjustments by CommoditiesHistory.com.

APA (7th Edition)

Commodities History Project. (2026). Sugar (No. 11) Historical Prices and Inflation-Adjusted Series (1960–2025) [Data set]. CommoditiesHistory.com. https://commoditieshistory.com/sugar

BibTeX

@dataset{commoditieshistory_sugar_2026,
  author = {{Commodities History Project}},
  title = {Sugar (No. 11) Historical Prices and Inflation-Adjusted Series (1960–2025)},
  year = {2026},
  publisher = {CommoditiesHistory.com},
  url = {https://commoditieshistory.com/sugar}
}