Transcription of Sugar Production and Trade Rebound in Mexico
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Sugar Production and Trade Rebound in Mexico
United States Department of Agriculture Foreign Sugar : World Markets and Trade Agricultural Service May 2019. Global Sugar Production Up Slightly in 2019/20: Gains in Brazil and European Union Offset Declines in India 200. 180. 160. 140. 120. Other 100. EU. 80 India Brazil 60. 40. 20. 0. Global Production for Marketing Year (MY) 2019/20 is forecast up 2 million tons to 181 million (raw value) as higher Production in Brazil and the EU more than offset an 8-percent decline in India. Consumption (up for over 25 consecutive years) is expected to rise due to growth in markets such as Egypt, India, Indonesia, and Pakistan.
- Global exports are down 1.6 million tons to 62.7 million. o India is up 1.2 million tons to 7.2 million on high exports to Iran and Sudan. o The United Arab Emirates is raised 453,000 tons to 1.38 million on higher trade to China, Iran, and Pakistan. o Mexico is lowered 354,000 tons to 1.2 million on lower than expected shipments.
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