Browse Data and Analysis

FAS Manila forecasts raw sugar production at 1.85 million metric tons (MT) for marketing year (MY) 2025, higher than the Sugar Regulatory Administration’s (SRA) forecast of 1.78 million MT, due to an expansion in area planted and improvements in weather conditions from the previous El Niño, which is expected to provide better production in MY 2025.

The Philippines issued Sugar Order No. 5 (SO5) announcing the importation of 240,000 metric tons (MT) of refined sugar, the first sugar import program for marketing year (MY) 2024-2025 which starts in September 2024 and ends in August 2025.

The Philippines is set to resume raw sugar exports to the United States under its sugar quota in August 2024. The Sugar Regulatory Administration (SRA) issued Sugar Order (SO) No. 3 on July 26, approving the export of 25,300 metric tons raw value (MTRV) of raw sugar in fulfillment of the United States tariff rate quota (TRQ) allocation for fiscal year 2024.

FAS Manila forecasts marketing year (MY) 2025 raw sugar production of 1.85 million metric tons (MT). With high prices, more farmers have planted sugarcane, but some farms with no irrigation are suffering from the ongoing El Niño, which stunted sugarcane growth and could result in lower yields in MY 2025.

In marketing year (MY)2024/25, Guatemala is forecast to produce 2.4 million metric tons (MT) of sugar from a harvested area of 242,000 hectares (Ha). Though harvested area is increasing as positive sugar prices in the international market motivate producers to keep up renovation with improved local genetics, overall production is forecast to drop four percent for the estimated harvest of MY2023/24 (2.5 million MT), due to a late start to the rainy season and an extended El Niño year.

The Philippines issued sugar policy (Sugar Order No. 1) for marketing year (MY) 2023-2024 allocating 100 percent of the estimated 1.85 million metric tons (MT) production to the domestic market.

FAS Manila adjusts marketing year (MY) 2024 raw sugar production down to 1.8 million metric tons, 100,000 metric tons (MT) below USDA Official. Declining sugarcane planting areas and weather disturbances including the ongoing El Niño are expected to affect sugar production.

FAS Manila forecasts marketing year (MY) 2024 raw sugar production at 1.9 million metric tons (MT). Higher prices encouraged more farmers to plant sugarcane and better fertilization is expected to result in higher production. Post expects limited exports to resume in 2024 given high production and high carryover stocks.

In marketing year (MY)2023/2024, Guatemala is forecast to produce 2.6 million metric tons of sugar from sugarcane from a harvested area of 251,000 hectares.

On December 22, 2022, the Department of Agriculture (DA) issued Memorandum Order 77 (MO 77) for the department to take action to stabilize sugar prices and evaluate the importation of 65,050 metric tons (MT) of refined sugar through the Minimum...

FAS Manila adjusted marketing year (MY) 2023 raw sugar production down to 1.85 million metric tons (MT). The weather disturbances and low fertilizer application due to soaring fertilizer prices drastically affected sugarcane production in the Philippines.

Post forecasts sugar production in Marketing Year (MY) 2023 to decline by 50,000 MT to 2 million MT, as high fertilizer prices lead to reduced yields. Production for MY 2022 is also lowered to reflect the damage to sugar farms in December 2021 by Typhoon Rai (local name Odette).