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. With high demand, exports are forecast up and global stocks are forecast 8 percent lower on reductions in India, China, Pakistan, and Thailand.
Selected MY 2020/21 Revisions from May 2021 Forecast: - Global production is down fractionally to 180.1 million. than expected. - Global imports are up 1.2 million tons to 55.2 million. Brazil and India. o The United Kingdom is lowered 375,000 tons to 550,000 on smaller trade from Brazil and India. the United Kingdom.
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