Dominican Republic: Sugar Semi-annual
Link to report:
For Marketing Year October 2020/September 2021 (MY 2020/21), Post forecasts overall sugar production to increase to 610,000 metric tons (MT) due to favorable weather conditions. During MY 2019/20, total sugar production reached 592,748 MT, a 9 percent increase from MY 2018/19 due to favorable rainfall patterns that improved agricultural yields. For MY 2020/21, Post forecasts exports of raw cane sugar at 190,000 MT. Since the United States is currently the only major export market for Dominican Republic (DR) sugar, this volume is similar to the DR’s country allocation for the U.S. tariff-rate quota (TRQ) for Fiscal Year 2021 (FY 2021). During MY 2020/21, Post forecasts imports will slightly decrease to 10,000 MT.
