Commodities

The global sugar market attained a consumption volume of about 178 million tons in the year 2022.
The market is expected to continue to grow at approximately 1% per year, to reach a volume of 189 million tons by 2028.

The global commodities landscape is undergoing a profound transformation. Following a series of disruptive trade measures from President Trump—including sweeping tariffs and bilateral renegotiations—markets are recalibrating across many sectors.

Taking into consideration that fundamentals are rather solid, with some potential geopolitical risks and the overall expectations of the Federal Reserve to ease financial policies, we expect that the Commodities markets will grow higher in 2024 year.

May 2025 delivered a wave of activity across global oil and gas markets, marked by record-breaking derivatives volumes, evolving hedging behavior, and intensifying geopolitical and regulatory undercurrents, reshaping the crude oil and natural gas trading and strategic positioning.

Raw sugar prices are expected to post an annual gain of nearly 20% in 2024 as the global market shifts into a deficit in the upcoming season. Market volume is expected to grow with 3.4%, a rise attributable to demand returning to pre-pandemic levels.

The conflict between Israel and Hamas in Palestine has triggered a rise in commodity prices beyond the two nations' borders. This could affect oil supply from the Middle East and boost demand for safe-haven assets such as gold

The pandemic and the war in Ukraine disrupted major supplies and pushed food and energy prices to near historic highs in recent years. Consequently, commodity prices became more volatile and unpredictable.