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Tunisie Telegraph: Sugar hits 1.17 D/kg amid 762 M D import cost

Tunisie Telegraph: Sugar hits 1.17 D/kg amid 762 M D import cost

Global sugar prices have risen by more than 18% since the beginning of August, leading to a noticeable increase in Tunisia's import bill, which reached approximately 761.8 million dinars by the end of July 2026—compared to 167.3 million dinars during the same period in 2025—more than quadrupling. The main reason for this surge is India’s return to the import market in large quantities, allowing the import of one million tons of sugar duty-free until October 2026. This has put pressure on the global market and caused prices to rise. Additionally, concerns about the impact of the El Niño phenomenon on sugar production in Brazil and India are fueling expectations of further price increases. This could raise the cost of supplies for Tunisia, although these increases are not immediately reflected in domestic prices thanks to market regulation and the role played by the Tunisian Company for Commerce in stabilizing supplies.

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