Venezuela: Sugar Annual
Link to report:
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. Venezuela’s sugar production has gradually recovered over the past several years, yet several constraints persist in further expanding production, including limited credit access and, more recently, acute diesel shortages. No changes are expected in raw sugar imports in MY 2025/2026 due to increased domestic sugarcane production and an anticipated pause in refined sugar imports. High, accelerating inflation and reduced purchasing power threaten sugar consumption due to rapidly growing food costs in both modern retail and informal markets.
