Dominican Republic: Sugar Annual

With sugar production zones recovering from the drought that affected the country in the past years, Post forecasts an increase in sugar production to 610,000 metric tons (MT) during Marketing Year (MY) 2021/2022 (October/September). During MY 2020/21, Post estimates sugar production of 600,000 MT, a slight increase from the 592,748 MT produced during MY 2019/20, as a return to normal rainfall patterns continues to increase yields in the Dominican production zones. Additionally, for MY 2021/22, Post projects exports to remain stable at 190,000 MT. Exports are expected to fill the annual U.S. sugar tariff-rate quota (TRQ) due to price premiums in the U.S. market.