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Argentine sugar exports in marketing year (MY) 2024/2025 are projected at 625,000 tons raw value, the largest in the past 15 years due to the combination of expected large production and large stocks of sugar passed in from the previous marketing year.
Post projects Marketing Year (MY) 2023/24 sugarcane production to drop to 18.9 million metric tons (MMT) due to dry weather and high heat during the southern hemisphere summer.
Argentine sugar production for marketing year (MY) 2022-2023 is forecast at 1.71 million tons, raw value, practically unchanged from the previous year. La Niña weather conditions have limited sugarcane production over the last two years, and output was affected by a severe winter last year and a very dry and hot summer early this year.
Argentine sugar production in marketing year (MY) 2021-2022 is forecast down at 1.55 million tons, raw value, due to early season dryness which is expected to negatively impact yields.
Sugar production for marketing year 2020/2021 is forecast at 1.78 million tons (raw value), a moderate increase from last year on stable acreage.
EU sugar production in MY 2019/20 is forecast at 19.4 million MT, up from 18.2 million MT in MY 2018/19 in which an enduring summer drought took a significant toll on beet growth....
Argentine sugar production for marketing year 2019/20 is forecast stable at 1.68 million tons, raw value, with domestic consumption continuing its downward trend and exports forecast....
While MY2018/19 Argentine forecast for sugar production and consumption maintain stable levels, exports plummet to 150,000 tons (raw value), due to stagnant production and lower beginning stocks.
The EU started the post-quota era with an all-time record sugar production of 22.8 million MT for MY 2017/2018, of which 21.1 million MT is for processing into sugar....
Argentine sugar production for 2017/18 is forecast at 1.9 million tons (raw basis), a decline of six percent over the previous season.
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.
Argentine sugar production for marketing year 2016/17 is projected at 2.1 million tons (raw basis), similar to the previous two crop seasons.