Browse Data and Analysis

Sugar production in Venezuela for MY 2022/23 is forecast to increase by 39% to 265,000 MT. The increase is primarily due to yield gains as a result of better access to quality inputs and a reduction in diesel shortages, as well as more favorable prices for producers.

Brazil’s Marketing Year (MY) 2022/23 sugarcane crop is forecast to recover to 613 million metric tons (mmt), an increase of six percent compared to the final estimate for MY 2021/22 (576 mmt), supported by better weather conditions vis-à-vis the previous year.

In marketing year (MY) 2022/23, Colombia's sugar production is forecast to remain unchanged at 2.3 million metric tons (MT). Although weather conditions are expected to return to normal, crop productivity could be affected by lower fertilizer use due to rising prices.

With expected normal rainfall patterns over the main sugarcane production zones, Post forecasts sugar production in the Dominican Republic to be 630,000 metric tons (MT) in Marketing Year (MY) 2022/2023 (October/September), a 2 percent increase over the previous period last year.

Sugar production in marketing year MY 2022/23 is forecast to decrease to 530,000 MT, down five percent from the MY 2020/21 estimate, due to fertilizer and pesticide price increases during 2021, and despite a slight increase in planted area of 1,000 hectares.

Earlier investments in mechanization, irrigation, and co-generation of electricity for the national energy grid have helped insulate the sugar industry from domestic political instability, but access to and pricing of fuel and fertilizer could negatively affect sugarcane production in marketing year 2022/23.

Jamaica’s raw sugar production in Marketing Year (MY)2021/2022 was 40,450 MT, eight percent lower than the previous MY. In MY 2022/23, Post projects 38,000 MT of sugar due to falling production.

In marketing year 2022/2023, Guatemala is forecast to produce 2.6 million metric tons of sugar from sugarcane from a harvested area of 258,000 hectares.

FAS/San José expects Costa Rican sugar cane production in marketing year 2021/22 to fall by 2 percent – remaining just below 4 million metric tons – driving sugar production down 2 percent to 416,000 metric tons on lower projected yields.

Sugar cane production in MY 2023 is forecast at 11 MMT while cane sugar production if forecast to reach 1.32 MMT. Higher sugar prices are expected to encourage higher sugar output. The United States remains the main market for Peruvian sugar exports under the TRQ program.