Indonesia expects increase in sugar imports for the year 2024/25, says USDA

Published 2024년 4월 17일

Tridge summary

The USDA's agricultural attaché in Indonesia has forecasted a decline in the country's sugar production for the 2024/25 season, with production expected to fall to 2 million tons from the 2.3 million tons estimated for 2023/24. This comes alongside a slight increase in domestic sugar consumption, projected to rise to 7.6 million tonnes from 7.5 million tonnes. As a result, sugar exports are predicted to decrease significantly, while imports are set to increase to 5.550 million tons, up from 5 million tons. Additionally, ending stocks are anticipated to drop to 1.8 million tonnes from 1.950 million tonnes in the previous season, indicating tighter sugar supplies in Indonesia.

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Original content

According to information released by the agricultural attaché of the United States Department of Agriculture (USDA) in Indonesia, the country's sugar production in the 2024/25 harvest is estimated at 2 million tons, a drop from the projected 2.3 million tons for 2023/24. Meanwhile, domestic sugar consumption for the 2024/25 period is forecast at 7.6 million tonnes, an increase compared to the 7.5 million tonnes projected for the previous year. The country's sugar exports are expected to decrease from 180 thousand tons to 100 thousand tons in the 2023/24 season. On the other hand, sugar imports are ...

Source: Portal Do Agronegocio