Tridge summary
In 2023, sugar producers in Paraná, Brazil experienced a surge in exports, primarily due to a decrease in Indian production which led to increased purchases from India. Despite a slight drop in volume, the value of these exports rose by 21% due to better international prices. Algeria and Malaysia were the main importers. Additionally, the state recorded a 12% increase in ethanol production and a record corn export. The soybean harvest also saw significant growth due to favorable weather conditions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Last year, sugar producers in Paraná experienced a significant increase in exports, driven by collaboration from India. The reduction in Indian production led the country to purchase sugar from Paraná, marking a return that had not occurred since 2020. The main destinations were Algeria, with 352 thousand tons, and Malaysia, with 324 thousand tons, according to information from the Paraná State News Agency. The Agricultural Situation Bulletin for the week of January 26th to February 1st highlighted the 21% growth in the value of sugar exports, despite the 3.7% decrease in the volume sent abroad. The report, prepared by the Department of Rural Economy (Deral) of the State Secretariat for Agriculture and Supply (Seab), based on Agrostat from the Ministry of Agriculture and Livestock, analyzed this phenomenon. READ MORE > São José do Pinheiro Plant modernizes and becomes 4.0 In 2023, Paraná producers exported 2.59 million tons of sugar, compared to 2.69 million in the previous year. ...
Source: Jornalcana
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.