Browse Data and Analysis

FAS/San José expects Costa Rican sugar cane production in marketing year 2021/22 to fall by 2 percent – remaining just below 4 million metric tons – driving sugar production down 2 percent to 416,000 metric tons on lower projected yields.

Sugar cane production in MY 2023 is forecast at 11 MMT while cane sugar production if forecast to reach 1.32 MMT. Higher sugar prices are expected to encourage higher sugar output. The United States remains the main market for Peruvian sugar exports under the TRQ program.

Due to slight increases in area and sugarcane yields, sugar production in 2022/23 is forecast to reach 7.2 million metric tons (MMT), a marginal increase over the good 2021/22 crop. Sugar consumption for 2022/23 is forecast at 6.1 MMT, which would be a 3.3 percent increase, reflecting population growth and demand from the expanding food processing sector.

The Ethiopian Sugar Corporation (ESC) and the Ethiopian Industrial Input Development Enterprise (EIIDE) have separately issued international competitive tenders to purchase 200,000 metric tons (MT) of white cane sugar and 10,000 MT of lint cotton, respectively.

On December 14, 2021, the World Trade Organization (WTO) released its findings from the dispute panel initiated in August 2019 against India’s trade distorting sugar subsidies. The WTO report found that India’s subsidies violated its obligations under the multilateral agreement.

The sugar production forecast for MY21/22 (October – September) is revised down to 10.3 MMT on slower than expected growth in cane acreage and more sugar beet acreage losing out to corn.

Brazil’s Marketing Year (MY) 2021/22 sugarcane crop is estimated at 590 million metric tons (MMT), a decrease of ten percent compared to the final estimate for MY 2020/21 (657 MMT).

Market Year (MY) 2021/22 (October-September) centrifugal sugar production will grow by three percent to 34.7 million metric tons (MMT), equivalent to 31.8 MMT of crystal white sugar, on account of higher yields.

Post estimates that the sugar cane crop will fall by 2 percent to 17.9 million MT in the 2021/22 MY, based on cane that was burnt and rejected by sugar mills during the civil unrest and protests in KwaZulu-Natal, frost damage in some growing areas in June 2021, and some growers diversifying to more profitable crops.

Turkey’s sugar beet production is forecast at 19.5 MMT in MY 2021/22 and is expected to result in 2.8 MMT of sugar.

Post maintains Marketing Year 2021/22 (September/August) sugar production at 2.1 million MT, 2 percent lower than the previous year.

FAS/Canberra’s sugar cane production estimate for Australia is revised down slightly for marketing year (MY) 2021/22 to 31 million metric tons (MMT).