EU-28: Sugar Annual
The EU sweetener market will take a new start after the end of the 50 year old EU sugar quota production system on October 1, 2017, and will probably face a period of increased market volatility. The EU isoglucose industry will become a modest competitor for the EU sugar processing industry. The forecast expansion of EU sugar production to 18.6 million MT in MY 2017/18, up from 16.5 million MT in MY 2016/17, will come at the expense of EU sugar imports and the EU refining industry. The EU is forecast to become a net sugar exporter in MY 2017/18 after more than a decade. This report further holds updated numbers for the last two years of the EU sugar quota system.
