Colombia: Sugar Annual
Link to report:
In marketing year (MY) 2021/22, Colombian raw sugar production is forecast to recover to 2.4 million metric tons (MT), after an expected decline in MY 2020/21 due to excessive rains from La Niña weather phenomena. Colombian sugar consumption continues to increase, in parallel with the population growth rate; however, COVID-19 containment measures have impacted consumption patterns. In MY 2021/22, sugar exports are forecast to increase to 770,000 MT, due to the recovery in production and local consumption increasing at a slower pace. Colombian sugar imports are forecast to decrease 10 percent in MY 2021/22 because of higher production levels.
