Brazil: Export of sugar produced in Mato Grosso doubles in the 2023/24 harvest

Published 2023년 10월 10일

Tridge summary

Exports of crystal sugar produced by Mato Grosso mills doubled in the 2023/24 harvest, reaching the highest volume of foreign sales since 2009. This growth is attributed to decreased production in India and Thailand due to climate problems. Sales were made to new countries in Africa, such as Mauritania and Togo, and an increase in exports to South America, particularly Peru, resulting in the highest sales to Africa in the past 13 years. Bioind projects a 4.06% increase in sugar production for the State in the upcoming harvest.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of crystal sugar produced by Mato Grosso mills more than doubled in the 2023/24 harvest. Between the months of April and September, 14.63 thousand tons were shipped, an increase of 110.9% compared to the same period in the previous cycle. According to a statement from Bioind, an entity that represents the bioenergy industries in Mato Grosso, released this Monday (09/10), the result also represents the highest volume of foreign sales since 2009. "The growth is the result, among other factors, of the drop in production in India and Thailand due to climate problems", stated the entity. For the first time, sales were made to new countries in Africa, such as Mauritania and Togo, in addition to an increase in exports to South America, ...

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