Dominican Republic: Sugar Semi-annual
Link to report:
For marketing year October 2023/September 2024 (MY 2023/24), Post forecasts overall sugar production in the Dominican Republic (DR) to increase slightly to 500,000 metric tons (MT) due to improved rainfall patterns. During MY 2022/23, total sugar production fell 22 percent to 486,378 MT relative to last marketing year due to severe drought. For MY 2023/24, Post forecasts exports of raw cane sugar at 190,000 MT, which satisfies the country’s fiscal year 2024 (FY 2024) tariff-rate quota with the United States. During MY 2023/24, Post forecasts imports higher at 90,000 MT, as the country is expected to fall short of local supplies to meet growing consumption.
