South-East Asian beneficiary-market perspective
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The Nation Thailand · Thailand · India bans sugar exports until September 2026 as production falls short of consumption
Reports Thailand as a primary beneficiary of the Indian ban, positioned to expand market share in South Asia, Africa, and the Middle East, markets that had relied on Indian supply. India was the world's second-largest sugar exporter after Brazil and had already allowed mills to export up to 1.59 million tonnes before the ban. Brazil and Thailand will together absorb the redirect.
“India's sugar export ban is expected to benefit Thai sugar suppliers, who may expand market share in South Asia, Africa, and the Middle East.”