Australia: Sugar Annual
Link to report:
Australia’s sugar production is forecast to decline to 3.8 million metric tons (MMT) in marketing year (MY) 2025/26, down from an estimated 3.85 MMT in MY 2024/25, marking the lowest level of production in over a decade. Sugar cane production for MY 2025/26 is projected at 28.5 MMT, a one percent decrease from the previous year. The production decline is due to several factors, including wet harvest conditions during MY 2024/25 that delayed harvest completion, reducing the growth period for the MY 2025/26 crop. Wet conditions also limited replanting, and excessive rainfall and overcast conditions in northern growing areas hindered crop development. Raw sugar exports are forecast to rise to 3.1 MMT in MY 2025/26, up from an estimated 2.7 MMT in the prior year. Refined sugar exports are expected to remain stable at around 15,000 metric tons (MT). Domestic sugar consumption, currently at 20 percent of production, is forecast to increase due to strong population growth in Australia.