By 2033, sugarcane will account for more than 85% of the world's sugar production

Published 2024년 7월 15일

Tridge summary

The OECD-FAO forecasts a 14% increase in world sugar production by 2033, reaching 202.1 million tons. Sugar cane is expected to make up over 85% of this production, with Brazil as the leading producer due to increased investment and expansion in sugarcane cultivation. Productivity improvements in India and Thailand are also anticipated to boost sugar production. In Africa, particularly in South Africa, sugarcane production is expected to grow due to government support. Europe will continue to be the main region for sugar beet production, with Russia seeing an increase. In Egypt, the introduction of higher-yielding seed varieties is expected to increase sugar production, making it the largest sugar beet producer in Africa by 2033.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the joint July forecast of the OECD-FAO for 2024-2033, in the next decade, the world sugar production will increase by 14% and reach 202.1 million tons by 2033. At the same time, the expected amount of sugar consumption in 2033 will reach 198.3 million tons, compared to 177.9 million tons forecast for 2024. This was reported by the press service of "Ukrtsukru". According to the forecasts of international analysts, by 2033, sugar cane will account for more than 85% of the total volume of sugar production in the world, and Brazil will strengthen its position as the world's largest producer due to increased investment in the industry, as well as an increase in the area and yield of cane. Productivity improvements, including through improved varietal composition and higher extraction rates, will help increase sugar production in India and Thailand, with relatively unchanged planted areas. In Africa, sugarcane production in the main producing country, South Africa, is ...

Source: Agrotimes