ISMA: Sugar offtake may dip to 280 lakh tonnes this season on weak summer demand
India’s sugar consumption in the 2024-25 season is expected to decline to 280 lakh tonnes, down from a record 290 lakh tonnes last year, according to ISMA. The fall is attributed to subdued summer demand and a reduced government sales quota. For May 2025, the quota dropped 13 percent year-on-year, indicating restrained market availability and slower offtake.
India’s sugar consumption is estimated to decline to about 280 lakh tonnes in the current season (2024-25) ending September, after touching a record 290 lakh tonnes last season, on subdued demand, trade body Indian Sugar and Bio Energy Manufacturers Association (ISMA) has said.
“There was a change in sugar consumption trend this year, with the peak summer months of April and May witnessing a subdued demand. The sugar sale quota released by the government this year is lower than last year. After all calculations and estimation, we don’t see that the consumption will go beyond 280 lakh tonnes,” said Deepak Ballani, Director-General, ISMA, said.
The monthly sugar sales quota of May 2025, set by the government to regulate domestic sugar availability and prices, was down by 13 per cent at 23.50 lakh tonnes from 27 lakh tonnes a year ago. Also, the cumulative sales quota in the first seven months (October till May) of sugar year 2024-25, stood at 184.50 lakh tonnes, down 6 per cent from 196.50 lakh tonnes in the year-ago period. Against a quota of 291.5 lakh tonnes released by the government for 2023-24, the sales by mills were 290 lakh tonnes.
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Source : The Hindu Business line
