Global sugar production is forecast up 2.5 million tonnes — USDA
Published 2024년 5월 27일
Tridge summary
The USDA forecasts a slight increase in global sugar production to 186.0 million tonnes, despite lower production in Brazil. This is due to higher production in Thailand, India, China, and Mexico. Consumption is expected to hit a new record, particularly in India and Pakistan. However, exports are predicted to decrease due to reduced shipments from Brazil, India, and Thailand. Finally, stocks are forecast to be lower due to decreased stocks in Thailand, despite an increase in stocks in India.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Global sugar production is forecast up 2.5 million tonnes to 186.0 million with lower production in Brazil expected to more than offset higher production in Thailand, India, China, and Mexico. It is reported by USDA in its May report. Consumption is anticipated to rise to a new record with growth in markets such as India and Pakistan. Exports are forecast lower due to reduced shipments from Brazil, India, ...
Source: UkrAgroConsult
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
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.