Ecuador: Sugar Annual

  |   Attaché Report (GAIN)   |   EC2022-0007

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Ecuador: Sugar Annual

Sugar production in marketing year MY 2022/23 is forecast to decrease to 530,000 MT, down five percent from the MY 2020/21 estimate, due to fertilizer and pesticide price increases during 2021, and despite a slight increase in planted area of 1,000 hectares. Domestic consumption is forecast to remain stable with considerable increases expected in the coming years following the world trend. Ethanol production and a possible increase in the ethanol blend rate could help to absorb some excess sugar supply.

Western Hemisphere, Ecuador
Sugar

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