Australia: Sugar Annual

Australia’s sugar production is forecast to increase to 4.4 million metric tons (MMT) in marketing year (MY) 2021/22, from an estimated 4.335 MMT in MY 2020/21. This increase is due to an expected rise in sugar cane crush to 31.5 MMT in MY 2021/22, from an estimate of 31.1 MMT in the previous year. The increase is driven by anticipated improvements in sugar cane yield in the northern tropical regions of Queensland and in sub-tropical northern New South Wales. However, this is partially offset by expected decreases in sugar cane production area and yield in the sub-tropical southern Queensland region. Raw sugar exports are forecast to increase to 3.4 MMT in MY 2021/22 from the prior year estimate of 3.2 MMT, while refined sugar is expected to remain stable at 135,000 metric tons (MT).