Colombia: Sugar Annual
Colombian raw sugar production is estimated to be 2.4 million metric tons (MT) in marketing year (MY) 2018/2019, with no changes in MY 2019/20. In MY 2017/18, Colombia sugarcane production recovered to reach high historical averages as weather conditions improved after three years of extreme climate volatility such as drought followed by heavy rains. Post estimates sugar exports to reach 700,000 MT in MY 2018/19, and remain unchanged in MY 2019/20. In calendar year (CY) 2018, Colombia filled the 54,500 MT export quota under the U.S.-Colombia Trade Promotion Agreement (CTPA) and the 25,273 sugar quota under the World Trade Organization (WTO) agreement. Colombia is expected to fulfill its 2019 U.S. sugar quotas and additional volume, if demanded.
