Thailand's Sugar Production Forecast to Rebound in 2026/27, Easing Asian Market Supply

Bangkok, Thailand – February 12, 2026 – Thailand, a major global sugar exporter, is poised for a significant rebound in sugar production for the 2026/27 crushing season, according to initial projections from the Thai Cane and Sugar Corporation (TCSC). After several challenging years marred by drought and disease, favorable weather conditions and increased farmer investment in sugarcane cultivation are expected to boost yields. The TCSC forecasts sugarcane output to reach approximately 110 million metric tons, up from an estimated 95 million tons in the current 2025/26 season. This could translate into sugar production exceeding 12 million metric tons. This optimistic outlook is a welcome development for the Asian sugar market, which has experienced tighter supplies and higher prices in recent years due to reduced Thai exports. The anticipated increase in Thai sugar availability is expected to alleviate some of the pressure on regional buyers, particularly in Indonesia, Malaysia, and the Philippines, which are significant importers of Thai sugar. Industry experts believe that a robust Thai harvest could help stabilize regional sugar prices and potentially temper the global upward trend. Farmers have been encouraged by government support programs and improved irrigation infrastructure, leading to expanded planting areas and better crop management practices. However, concerns remain regarding labor availability and the potential impact of global economic slowdowns on demand. Despite these challenges, the overall sentiment is positive, with stakeholders hoping for a sustained recovery in one of the world's most influential sugar-producing nations.