US Agriculture: Growth in the markets of China, India and Russia raises the expected consumption of sugar globally
Sugar
United States
Published Nov 25, 2021
Tridge summary
A report issued by the US Department of Agriculture expected a rise in the volume of global consumption of sugar in the current marketing year 2021/2022 due to growth in a number of markets, including China, India and Russia, adding that the volume of stocks decreased due to the decline in China, Indonesia and Thailand. The report predicted that the volume of global sugar production would remain stable in the current marketing year 2021/2022 at 181 million tons, expecting that the decrease in Brazil’s production would be offset by increases in the European Union, India, Russia and Thailand.
Original content
sugar exports He also expected that the rates of sugar exports in the world would remain constant; The sharp rise in Thailand's trade volume will be offset by a decrease in shipments from Brazil. He predicted that the volume of sugar production in Mexico would reach 6.3 million tons in the current marketing year, as rains contributed to alleviating many of the persistent drought effects that occurred there during the previous two growing seasons. Egypt's sugar production And the US Department of Agriculture maintained its expectations issued last May regarding the volume of Egypt’s sugar production in the current marketing year “October-September” 2021/2022 at 2.855 million tons and consumption at 3.430 million tons. Read also fish prices today 11-25- 2021 in Egypt The US Department of Agriculture said that the volume of Egypt's production of sugar had recorded 2.780 million tons in the marketing year 2020/21, and about 2.740 million tons in 2019/2020, while it had reached 2.405 ...
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