December 2025 Sugar Market News
Kenya’s sugar industry recorded a mixed performance in December 2025, with declines in sugarcane milling, production, and closing stocks, even as miller sales improved. The drop in output was largely driven by reduced availability of mature cane, contributing to a slower end to the year despite improved factory efficiency reflected in a better cane-to-sugar ratio.
Molasses production and sales increased during the month, with a significant rise in closing stocks. However, average molasses prices declined sharply, pointing to easing pressure in the by-products market amid increased supply.
Domestic sugar prices continued on a downward trend in December. Ex-factory, wholesale, and retail prices all declined, reflecting improved market supply and availability of both local and imported sugar. Sugarcane prices remained stable at Kshs. 5,750 per tonne.
On the trade front, sugar imports dropped significantly compared to November, while exports increased during the month. Molasses trade remained limited, with minimal imports and no exports recorded. Globally, sugar prices remained subdued, with market activity largely influenced by speculative positions and expectations of a modest surplus in the 2025/26 season.
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