Bolivia plans to export 3 million quintals of sugar at the end of the 2021-2022 harvest

Published 2022년 4월 13일

Tridge summary

Bolivia is set to see a 20% increase in sugar exports in the 2021-2022 harvest, reaching 3.3 million quintals compared to the previous period's 2.7 million. This move is supported by Supreme Decree 4680, which ensures food security and allows certificates for exports. A collaborative committee involving the national government, producers, and industry will develop a harvest and production plan to regulate the domestic market, price stability, and export volumes. The country's annual sugar production is estimated at 11 million quintals, with 2 million quintals available for export. Additionally, the production of 200 million liters of anhydrous alcohol is anticipated, with YPFB purchasing 145 million liters for ethanol production, generating income for the sugarcane and industrial sector.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Editorial PortalPortuario.cl/Bolivian Information Agency, @PortalPortuario, Within the framework of the 2021-2022 harvest, Bolivia is expected to export 3.3 million quintals of sugar, which would represent an increase of 20% in relation to the same process carried out in May 2020 and April 2021, a period in which a volume of 2.7 million quintals was marketed, according to the Minister of Productive Development and Plural Economy, Néstor Huanca. The authority explained that Supreme Decree 4680, which authorizes the Ministry of Productive Development and Plural Economy to issue certificates to guarantee the internal supply of strategic foods, is a preventive measure to protect the food security of the Bolivian population. Huanca pointed out that since the validity of Supreme Decree 4680, certificates have continued to be issued so that sugar producers continue to export and the mobilization processes of surplus sugar production continue without restrictions. “In the 2018-2019 ...

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.