Introduction – Vietnam’s Sugar Market: A Quantitative Overview
Vietnam may not be the first country that jumps to mind when you think of sugar powerhouses, but it’s steadily carving out a meaningful spot in the global sugar trade. In recent years, Vietnam has emerged as a key player in sugar exports within Southeast Asia, driven by a rebound in sugarcane cultivation and government support. With an average annual production exceeding 1 million metric tons of sugar, the country supplies refined and raw sugar to major Asian and Middle Eastern importers.
But here’s the kicker—navigating Vietnam’s sugar supply chain isn’t just about who can produce the most. It’s about who delivers consistently, meets international standards, and adapts to market fluctuations. That’s where a data-first approach becomes critical. Whether you’re a wholesaler, food processor, or importer, choosing the right supplier based on verified export history, certifications, and global reach can make or break your sourcing strategy.
Platforms like Freshdi are becoming essential tools, offering RFQ trends, supplier credibility scores, and real-time market signals, helping buyers make smarter, faster decisions in a volatile market.
Deep Dive – Key Production, Export Statistics & Market Signals
Let’s break down the numbers.
In the 2023–2024 crop year, Vietnam’s sugarcane cultivation area bounced back to around 175,000 hectares. That’s a significant uptick from previous years, producing roughly 1.2 million metric tons of sugar—about 6.79 tons per hectare. This resurgence was largely credited to favorable weather and trade defense policies enacted in 2021, shielding the domestic market from the flood of cheap imports.
But even with the rebound, the market isn’t all sweetness.
As of mid-2024, nearly 65% of the sugar output remained unsold due to a surge in smuggled sugar—accounting for up to 30% of the market. This pushed prices down and left many domestic producers struggling to stay competitive.
Now here’s where platforms like Freshdi shine. Their RFQ (Request for Quotation) data showed a spike in demand for certified, traceable sugar sources, especially from regions wary of smuggled or sub-standard products. Exporters listed on Freshdi with ISO or HACCP certifications saw higher buyer engagement, proving that verified quality and compliance are now non-negotiable for serious buyers.
Top 10 Verified Sugar Suppliers in Vietnam – Top Tier Based on Export Data
Based on export performance, buyer reviews, product diversity, and certifications on Freshdi, here are the Top 10 Sugar Suppliers in Vietnam in Q2 2025:
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DIEU PHU CO.,LTD
Known for integrating sugar-based fruit products, Dieu Phu has built a global client base through competitive pricing and high product consistency. -
LIEN HOA MUSHROOM LIMITED COMPANY
While famous for functional foods, their dietary sugar blends have become popular due to their clean-label certifications and export reliability. -
VIET D.E.L.T.A INDUSTRIAL CO., LTD
A heavy hitter in liquid sugar and molasses exports, especially to Middle Eastern markets. Known for supply chain transparency. -
LEGENDARY VIETNAM COMPANY LIMITED
This company leads the surge in sugar alternatives like allulose and sugar-free formulations, ideal for health-conscious markets. -
Z.O.Y Consulting
Specializes in white refined sugar exports. Their products are HACCP and ISO certified, catering to strict European import standards. -
EcoStraws Vietnam
Innovative use of sugar in functional food applications. Their diabetic-friendly sugar extracts are gaining traction in Japan and Korea. -
Agrisung
Offers low-sugar fruit products. While not a traditional sugar supplier, their sugar-controlled processing appeals to niche exporters. -
Dream Corporation
Merging herbal health and sugar-free innovation, Dream Corp is tapping into the expanding wellness market in the U.S. and EU. -
LAM SON SUGAR CANE JOINT STOCK CORPORATION
A legacy giant, Lam Son remains a top choice for buyers seeking standard ICUMSA 45 refined sugar in bulk quantities. -
TNM SHIPPING & LOGISTICS COMPANY LIMITED
Offers full-service sugar export logistics. Their molasses and processed sugar variants are popular in industrial food sectors.
Dynamic Ranking Note
Keep in mind: rankings on B2B platforms like Freshdi are dynamic and may adjust based on supplier activity, buyer ratings, and RFQ fulfillment. Be sure to check their “Suppliers of the Month/Quarter” updates for real-time insights.
Market Navigation – Statistical Trends, Price Insights & Export Dynamics
Export Trends and Demand Signals
The sugar industry in Vietnam is still in recovery mode. The good news? There’s strong demand, especially from countries like South Korea, the Philippines, and Indonesia. But the bad news? It’s uneven. Smuggled sugar remains a thorn in the side of legitimate exporters.
Buyers on Freshdi are increasingly using RFQ data to find reliable, traceable suppliers. The platform saw a 19% increase in sugar RFQs from Q1 to Q2 of 2025, with a focus on certified products and sustainable practices.
Seasonal Price Fluctuations
Sugar prices in Vietnam typically spike towards the end of the year, especially around Tet (Lunar New Year), when demand soars. In Q4 of 2024, sugar prices hit $161 per tonne—a whopping 150% increase from January—due to global shortages and higher demand.
That means planning your sugar sourcing well in advance is crucial. Historical data shows that the best purchasing windows are between April and July when prices stabilize before the Q4 surge.
Policy Impacts and Forecast
The Vietnamese government has introduced new tax policies designed to reduce sugar consumption. A tax on sugary drinks (over 5g/100ml) will kick in starting at 8% in 2027, rising to 10% by 2028. This could soften domestic demand but may open doors for export-focused suppliers to pivot towards health-conscious and sugar-free product variants.
Looking ahead, climate patterns like La Niña could impact sugarcane yields, and rising input costs may push prices up. It’s a mixed bag, but well-informed buyers who use platforms like Freshdi can stay ahead of these shifts by monitoring trade volumes, supplier activity, and market alerts.
Conclusion – Leveraging Data for Strategic Sourcing
Vietnam’s sugar industry is at a crossroads—resilient, yet tested. The numbers tell a story of recovery, innovation, and growing global relevance. But the challenges are real—smuggling, policy shifts, and seasonal fluctuations all demand a smarter sourcing approach.
That’s why using data-backed platforms like Freshdi is no longer optional. They help buyers:
– Identify top-performing suppliers based on real export data.
– Monitor RFQ trends across the region.
– Access verified certifications and buyer reviews.
– Stay informed on pricing dynamics and policy changes.
For companies looking to source sugar from Vietnam, the key is simple: follow the data, trust verified suppliers, and stay agile in a shifting market.
Key Takeaways
- Vietnam’s sugar exports are rising, supported by strong production and trade policies.
- Smuggling and new taxes are reshaping domestic demand and pricing.
- Q2 2025 saw a surge in RFQs for certified, traceable sugar products on Freshdi.
- Top suppliers are those blending product quality, export consistency, and innovation.
- Platforms like Freshdi offer real-time insights and supplier verification to de-risk sourcing.
Checklist for Buyers – Vietnam Sugar Sourcing Strategy
- ✅ Verify supplier certifications (ISO, HACCP, etc.)
- ✅ Check RFQ trends and seasonality via Freshdi
- ✅ Compare ICUMSA ratings and sugar types (raw, refined, molasses)
- ✅ Factor in shipping timelines (especially before Q4 demand peak)
- ✅ Monitor policy updates on sugar taxes and trade regulations
Future Outlook
By 2026 and beyond, Vietnam’s sugar industry could see stronger consolidation, export diversification, and tech-driven traceability. As buyers demand cleaner labels and sustainable sourcing, the winners will be suppliers who embrace transparency and data.
With tools like Freshdi, buyers can tap into a smarter, faster, and safer ecosystem for sourcing sugar—staying ahead of market shifts and supplier risks.
FAQs
1. What is the most exported type of sugar from Vietnam?
Refined white sugar (ICUMSA 45) remains the most exported type, particularly to Asian and Middle Eastern markets.
2. Why are sugar prices in Vietnam so volatile?
Prices fluctuate due to seasonal demand (especially during Tet), global market shortages, and domestic challenges like smuggling and stockpiling.
3. How can I verify if a supplier is legitimate?
Use platforms like Freshdi to check verified certifications, export records, and buyer reviews before engaging with any supplier.
4. Are there any health-focused sugar alternatives available from Vietnam?
Yes, many suppliers now offer sugar-free, diabetic-friendly, and low-glycemic sugar alternatives, often targeting health-conscious export markets.
5. What is the best time of year to source sugar from Vietnam?
April to July is typically the best window, with stable prices and ample inventory before the Q4 price surge driven by festive demand.
