Philippines: Sugar Semi-annual

FAS Manila forecasts raw sugar production at 1.85 million metric tons (MT) for marketing year (MY) 2025, higher than the Sugar Regulatory Administration’s (SRA) forecast of 1.78 million MT, due to an expansion in area planted and improvements in weather conditions from the previous El Niño, which is expected to provide better production in MY 2025. Post forecasts no additional exports on top of the 24,800 MT raw value shipped to the United States at the beginning of MY 2025, following the recent Sugar Order No.1 allocating all production to domestic consumption. As of this report SRA has not authorized a sugar import program for MY 2025.