Browse Data and Analysis

Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2025/26 (October 1 – September 30), 6 percent higher than the estimate for MY 2024/25. The increased production forecast is based on seasonal rains in several sugarcane-producing states during MY 2024/25 and an expected recovery of the planted area in MY 2025/26.

Market year (MY) 2025/2026 Venezuelan sugar production is forecast to grow upward to 415,000 metric tons on account of steady yields, continued access to crop inputs, and sustained profit margins within the sugar industry.

Post forecasts Mexico’s sugar production at 5.4 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30).

Marketing year (MY) 2024/2025 Venezuelan sugar production is forecast to increase to 373,000 metric tons due to favorable yields, increased access to quality inputs, improved prices for producers and better sugar industry profit margins.

Post forecasts Mexico’s sugar production at 5.5 million metric tons raw value (MMT-RV) for marketing year (MY) 2024/25 (October 1 – September 30), 13 percent higher than the estimate for MY 2023/24.

Post forecasts Mexico’s sugar production at 5.95 million metric tons raw value (MMT-RV) for marketing year (MY) 2023/24 (October 1 – September 30), 8 percent higher than in MY 2022/23 due to reduced fertilizer prices, but below MY 2021/22 production due to continued widespread drought.

Mexico’s sugar production is forecast at 6.25 million metric tons raw value (MMT-RV) in marketing year 2023/24 (October-September), an increase of nearly 3 percent compared to MY 2022/23 based on lower fertilizer costs and a return to average weather conditions.

Sugar production in Venezuela is forecast to increase by 13 percent to 300,000 MT in marketing year (MY) 2023/24 due to improved access to quality inputs, a reduction in diesel shortages, and higher prices to producers.

FAS-Mexico forecasts a nearly 6 percent decrease in sugar production to 6.16 million metric tons raw value (MMT-RV) during marketing year (MY) 2022/23 due to lower rainfall levels and higher input prices. Production for MY2021/22 increased by 8.2 percent to 6.56 MMT-RV, mainly driven by an abundance of rainfall during critical growing months, lower input costs, and historically high prices creating incentives to maintain planted area.

Mexico sugar production and exports are forecasted forecasted marginally higher for 2022/23.

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.

Sugar production in Mexico for marketing year 2021/22 is forecast to rebound from last year’s drought affected season, after ample rain and optimal growing conditions have been observed in much of the country’s cane producing states.