EU-28: Sugar Semi-annual
Widespread drought in Northwestern Europe is negatively impacting European Union (EU) sugar production in marketing year (MY) 2018/19, forecast down 7 percent from the year before to 19.2 million MT with little change to beet acreage. The EU sugar imports forecast for MY 2018/19 is unchanged from last year at 1.5 million MT. The decline in production will impact MY 2018/19 sugar exports, down 20 percent from the year before to 3 million MT. Ending stocks in MY 2018/19 are forecast at 1.5 million MT, a notable 30 percent decline from last year.