Brazil: Sugar Annual

  |   Attaché Report (GAIN)   |   BR2022-0029

Brazil’s Marketing Year (MY) 2022/23 sugarcane crop is forecast to recover to 613 million metric tons (mmt), an increase of six percent compared to the final estimate for MY 2021/22 (576 mmt), supported by better weather conditions vis-à-vis the previous year. Sugar prices remain significantly attractive which should result in an unchanged sugar-ethanol production mix relative to the previous season. The revised estimate for Brazilian exports in MY 2021/22 is 25.65 mmt, raw value. Brazil remains the second-largest recipient of the U.S. sugar tariff-rate quota. Currently, FY 2022 sugar TRQ for Brazil is allocated at 152,691 metric tons, raw value.

Related Reports

The United States holds 66 percent of Taiwan’s tree nut market, with 2024 imports rising 19 percent to nearly 13,000 metric tons, valued at USD 76 million.
On February 23, the Chinese Communist Party (CCP) Central Committee and the State Council unveiled the 2025 No. 1 Document, which outlines comprehensive strategies for agriculture and rural development.
The foot and mouth disease (FMD) outbreak that has impacted South Africa since 2021 continues to spread in some parts of the country despite government control efforts.