EU-28: Sugar Semi-annual
The EU-28 sugar production for food purposes for MY 2016/17 is now forecast at 16.2 million MT in raw sugar equivalent (RSE), with another 1.8 million MT produced for industrial purposes. The estimate for the MY 2015/16 production under the EU sugar regime is revised up to 14.3 million MT RSE, with some 2 million MT produced over quota for industrial use. EU-28 quota production for MY 2014/15 was 18.45 million MT in RSE and another 2.55 million MT for industrial purposes. EU sugar consumption for food remains at 18.8 million MT RSE as previously estimated. Sugar imports for MY 2015/2016 are decreased to 3 million MT because of lower exports than expected from ACP/EBA countries while imports for MY 2016/17 are now forecast at 3.25 million MT. Sugar exports remain limited to 1.5 million MT by the EU’s WTO sugar export ceiling.