Pakistan exported sugar worth $407 million during the first nine months of the 2024–25 fiscal year (July to March), driven by strong international demand and favorable global prices, reported PK Revenue.
This sharp increase in exports comes despite growing concerns over rising domestic sugar prices, which continue to strain household budgets.
Data from the Pakistan Bureau of Statistics (PBS) shows that sugar exports soared by an impressive 1,832% compared to the same period last year, when they totaled just $21 million. The surge follows the government’s decision to permit sugar exports, based on assessments indicating adequate domestic reserves and anticipated price stability in local markets.
However, ground realities suggest otherwise. PBS figures indicate that the average retail price of sugar in March 2025 rose by 17% year-on-year, reaching Rs168.40 per kilogram—up from Rs144.36 in March 2024. This price hike coincided with the holy month of Ramadan, adding to the financial burden on consumers.
Despite government assurances of market control and the announcement of subsidies, the situation remained largely unchanged. A Ramadan relief plan had aimed to supply sugar at Rs130 per kilogram, but poor enforcement and coordination with sugar mills and retailers limited its effectiveness.
As an agrarian economy, Pakistan now faces the challenge of addressing the structural issues in sugar production. Experts stress the need for investment in modernizing sugarcane farming practices to improve crop yields and ensure a stable supply for both local consumption and export.
Looking ahead, policymakers must carefully balance the benefits of foreign exchange earnings from sugar exports with the need to keep essential commodities affordable for the public. The current scenario highlights the urgent need for long-term planning, stronger supply chain management, and vigilant oversight to protect consumer interests.
