World sugar production - 179.6 million tonnes - FAO’s preliminary forecast
16.11.2022 10:02 "Agro Perspectiva" (Kyiv) —
FAO’s preliminary forecast for the 2022/23 (October/September) season pegs world sugar production at 179.6 million tonnes, up 4.5 million tonnes, or 2.6 percent, from the 2021/22 outturn. The increase is largely attributed to expectations of a significant recovery in Brazil’s production, the world’s largest sugar producer and exporter, and larger crops in China and Thailand that more than offset likely reductions in the European Union and Pakistan. While production prospects in India, the world’s second largest sugar producer, are favourable, sugar output is anticipated to fall short of record level of 2021/22, as additional volumes of sugarcane are foreseen to be diverted for ethanol production. Global sugar consumption is seen increasing for a third successive season in 2022/23, up 1 million tonnes, or 0.6 percent, from the previous season. Overall, the year-on-year growth in consumption is expected to mostly originate in Africa, driven by population growth and urbanization, and Asia, reflecting robust demand from the food processing industry. However, the growth pace of global sugar consumption will likely be muted and lower than the long-term trend, amid the projected significant deceleration in global economic growth in 2022/2023. The slower increase in consumption, compared to production, is expected to push the sugar market into a global surplus of 4.9 million tonnes in 2022/23. The forecast for the world sugar trade in 2022/23 stands at 61.2 million tonnes, which corresponds to a 1.8-percent increase over the estimated volume for 2021/22. Foreseen higher exports from Brazil and Thailand will likely outweigh expected lower shipments from India, which are forecast to be down from their record level in 2021/22. On the import side, it is anticipated that strong purchases will be made by traditional importers, in particular China, the largest international sugar buyer, and Indonesia. Imports by the European Union are set to increase from last year, based on prospects of a reduced domestic sugar output. After reaching a five-year high in April 2022, international sugar prices generally decreased in the following months. The price declines were mainly the result of a slowdown in the global economic activity coupled with overall greater world availabilities. Further downward pressure on sugar prices was exerted by lower ethanol prices, which prompted a larger use of sugarcane to produce sugar in Brazil, and the weakening of the Brazilian real against the United States dollar, which prompted greater exports.
26.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
09:28 |
Ongoing Economic Crisis in Argentina Impacts Dairy |
15.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:28 |
Decline of China Pork Imports Continues in 2024 |
![](/_img/new/picto_new.gif) |
08:20 |
Lower Prices Propel Mexico 2023/24 Soybean Meal Imports |
13.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:15 |
China Imports of Major Feed Grains at Record for Oct-May period |
12.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
01:08 |
Climate risks projected to affect fish biomass around the world's ocean, FAO report says |
06.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:15 |
Global cereal production 2024 forecast scaled up and now set to exceed the 2023 level |
![](/_img/new/picto_new.gif) |
10:01 |
FAO Food Price Index stable in June |
03.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
12:31 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
![](/_img/new/picto_new.gif) |
12:23 |
U.S. wheat exports are forecast to rebound by more than a million tons in the 2024/25 marketing year |
01.07.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
08:58 |
World apple production for MY 2023/24 is forecast to rise more than 700,000 tons to 83.7 million |
![](/_img/new/picto_new.gif) |
08:39 |
World coffee production for 2024/25 is forecast to rebound 7.1 million bags |
25.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
17:57 |
Central, Eastern and South-Eastern European banks report strengthening loan demand and improving profitability |
![](/_img/new/picto_new.gif) |
17:05 |
Global Environment Facility approves $70 million to support FAO projects in 28 countries |
24.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
04:15 |
Emergency brake triggered for oat imports from Ukraine |
23.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
09:00 |
Colombia Production: Two Periods of Sharp Decline |
19.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
15:35 |
World pear production for MY 2023/24 is projected up more than 275,000 tons to 25.2 million |
![](/_img/new/picto_new.gif) |
10:35 |
India Apple Imports Forecast at a Record High |
12.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
09:21 |
FAO Food Price Index slightly up in May: higher cereal and dairy prices offset easing sugar and vegetable oil quotations |
03.06.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
14:04 |
Commission clarifies support for farmers in case of exceptional weather events |
![](/_img/new/picto_new.gif) |
13:33 |
Digitalization: it is time to bridge the gap between urban and rural areas |
22.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
18:25 |
Two years of Solidarity Lanes have brought the EU, Ukraine and Moldova closer together |
21.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
08:10 |
Seven additional private sector leaders announce support for Antimicrobial Use Stewardship Principles in poultry, now includes over 40% of global poultry meat production |
13.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
23:32 |
EU extends trade support to Ukraine for one more year |
![](/_img/new/picto_new.gif) |
04:36 |
European Union corn is forecast at 18.0 million tons |
11.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
18:55 |
2024/25 Grain Consumption Expands while Trade Moderates |
![](/_img/new/picto_new.gif) |
18:47 |
Oilseeds Stocks Forecast to Reach Record Highs in 2024/25 |
06.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
09:17 |
The International Year of the Woman Farmer in 2026 Approved by the UN General Assembly, it will increase awareness of the crucial role women farmers play in agrifood systems |
04.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
08:10 |
2024 wheat forecast trimmed |
03.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
21:25 |
Rising international quotations for meat, cereals and vegetable oils offset drops for dairy and sugar |
![](/_img/new/picto_new.gif) |
07:10 |
El Niño and La Niña: four crucial steps to build climate resilience |
01.05.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
08:25 |
Acute hunger remains persistently high in 59 countries with 1 in 5 people assessed in need of critical urgent action |
29.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:43 |
New CEO at BASF: Martin Brudermüller hands over to Markus Kamieth |
25.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
09:45 |
Parliament approves a revision of the EU’s common agricultural policy |
23.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
16:23 |
MEPs approve trade support measures for Ukraine with protection for EU farmers |
17.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
18:08 |
Ministry of Agrarian Policy and Food predicts this year’s harvest of grains and oilseeds at about 74 million tonnes |
16.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
12:12 |
West Africa Cocoa Shortage Pushes Up Prices |
11.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
23:48 |
U.S. Soybean Meal Exports Forecast at Consecutive Records in 2022/23 and 2023/24 |
![](/_img/new/picto_new.gif) |
23:10 |
EU Wheat Exports Challenged by Russia’s Growing Dominance |
![](/_img/new/picto_new.gif) |
11:30 |
Country of origin of honey must be clearly visible on the label. EU honey traceability system to be developed |
10.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
15:59 |
Commission starts setting up the Agriculture and Food Chain Observatory |
![](/_img/new/picto_new.gif) |
15:33 |
Commission approves ˆ2.2 billion German State aid scheme to support the decarbonisation of industrial processes to foster the transition to a net-zero economy |
![](/_img/new/picto_new.gif) |
13:17 |
Donau Soja urges EU for clarity on EUDR implementation |
09.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:44 |
Ukraine remained the third source of EU imports in 2023, with a value of EUR 11.8 billion |
06.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:04 |
World cereal output seen up in 2023/24 |
![](/_img/new/picto_new.gif) |
09:55 |
FAO Food Price Index rises in March |
05.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:04 |
Shellfish Crop Insurance Program Offers Oyster Producers Needed Protection from Environmental Challenges and More |
03.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
23:01 |
Croatian horseradish root ‘Ludbreški hren' added to register of Protected Designations of Origin |
02.04.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
10:15 |
FAO and chef Fatmata Binta announce new project to empower women fonio producers in Ghana |
28.03.2024 |
|
![](/_img/new/px.gif) |
![](/_img/new/px.gif) |
|
![](/_img/new/picto_new.gif) |
12:55 |
Council compromise on Ukraine ATMs – Only a half step forward in the right direction |
![](/_img/new/picto_new.gif) |
09:18 |
Commission approves amendment to Italian State aid scheme to support companies in Friuli Venezia Giulia in the context of Russia's war against Ukraine |
Also available:
![](/_img/new/px.gif)
|