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Record sugar cane harvest in Asia and Brazil promises to increase sugar exports.
Sugar
agricultural products

Record sugar cane harvest in Asia and Brazil promises to increase sugar exports.

Harvesting of sugarcane in India and Thailand has exceeded expectations. An increase in sugar production in the region is anticipated due to high crop yields.

Brazil is also expected to have a record sugar production in the upcoming season.

19 January 2025 19 January 2025

The sugarcane harvest in two leading Asian producer countries, India and Thailand, has exceeded expectations and promises an increase in sugar exports in the region. This information was reported by Wilmar, a commodity company based in Singapore.

Karim Salamon, the chief sugar analyst at Wilmar, stated that it is expected that up to 85 million tons of sugarcane will be processed in Thailand, resulting in the production of 8.5-9 million tons of sugar, which is 1 million tons more than forecasted just three weeks ago.

In India, a better harvest is also expected despite a less abundant monsoon in 2023, with production of over 32.5 million tons of sugar and possibly over 33 million tons.

The new sugar season in Brazil, starting in April, also anticipates reaching a record production level due to investments in expanding production capacities. Sugar production is forecasted to range from 42.5 to 44.5 million tons in the years 2024/25.

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