Sugar exports rise in september: Brazil records significant growth

Published Oct 9, 2024

Tridge summary

In September 2024, Brazil's sugar and molasses exports saw a significant increase of 23.9% compared to the previous year, reaching 3.954 million tons. Revenue from these exports also grew by 11.9%, totaling US$ 1.818 billion. Despite the increased volume, the average price per ton fell by 9.7%. From January to September 2024, Brazil's sugar exports increased by 35.56% to 28.399 million tons, and revenue grew by 36.03% to US$ 13.921 billion.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In September, Brazil exported 3.954 million tons of sugar and molasses, representing an increase of 23.9% compared to the same month in 2023, when 3.191 million tons were shipped. Revenue from these exports also grew, rising 11.9%, from US$ 1.624 billion to US$ 1.818 billion. The average price per ton of the exported product, however, fell by 9.7%, from US$ 509.20 to US$ 459.80. The data was released this Friday by the Secretariat of Foreign Trade (Secex), linked to the Ministry of Development, Industry, Commerce and Services (MDIC), considering 21 business days in September 2024, compared to 20 business days in the same month of the previous year. Considering the figures presented today, together with the consolidated data from Agrostat, the Brazilian agribusiness foreign trade statistics system, Brazil ...

Source: Portal Do Agronegocio