EU-28: Sugar Semi-annual
The EU sugar production for food for MY 2015/16 is forecast at 16.1 million MT, down from 16.750 million MT in MY 2014/15. This is mainly the result of a decline in EU sugar beet acreage of about 15 percent to just under 1.4 million hectares. Total EU beet sugar production for MY 2015/16 is forecast at 16.85 million MT, down from 21.35 million MT in MY 2014/15, which was the highest since the 2007 Sugar Reform. EU domestic sugar consumption is expected to further increase slightly to 18.7 million MT in MY 2014/15 and 18.8 million MT in MY 2015/16. EU sugar imports for MY 2015/16 are forecast to recover partially after a decrease to 2.6 million MT in MY 2014/15 from 3.3 million MT in MY 2013/14. Sugar exports for MY 2015/16 are forecast at 1.5 million MT from an estimated 1.6 million MT in MY 2014/15. Ending stocks are forecast to decrease to 0.7 million MT in MY 2015/16 from 2.1 million MT in MY 2014/15 and 3.0 million MT in MY 2013/14.