Thailand: Sugar exports may reach a record level

Published 2024년 11월 27일

Tridge summary

Thailand's raw sugar exports are projected to reach a record high of 2.15 million tons in the first quarter of 2025, as per international analysts Czarnikow, subject to no delays in the season start and logistical issues. However, Czarnikow has revised its sugarcane production forecast for the MY 2024/25 season to 105 million tons, down from 111 million tons, due to lowered yields. The US Department of Agriculture's agricultural attaché in Bangkok anticipates that Thailand's raw sugar exports will more than double to 5.3 million tons in the MY 2024/25 season, contributing to a total sugar export volume of 10 million tons, provided India maintains export restrictions and Brazil's exports decrease.

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Original content

According to international analysts Czarnikow, in the first quarter of 2025, raw sugar exports from Thailand may reach a record volume if there are no delays in the start of the season and no problems with logistics. According to Czarnikow, in the first quarter of 2025, Thailand could export up to 2.15 million tons of raw sugar. Czarnikow has reduced its estimate of sugarcane production in Thailand in the MY 2024/25 season to 105 million tons from 111 million tons previously forecasted due to a decrease in yields. Earlier in October, the agricultural attaché service of the US Department of Agriculture in Bangkok reported that the export of raw sugar from Thailand in the season MY 2024/25 will more than double compared to the season MY 2023/24 and will amount to 5.3 million tons. According to the USDA, in MY 2024/25 the total volume of sugar exports from Thailand, including raw sugar and white sugar, is estimated at 10 mln tons, provided that India maintains export restrictions and ...

Source: UkrAgroConsult