Colombia: Sugar Annual

Commodities

Colombian raw sugar production is estimated to increase to 2.5 million metric tons (MT) in marketing year (MY) 2017/2018. Colombia sugarcane production is expected to recover to reach high historical averages as weather conditions improve after three years of extreme climate volatility such as drought followed by heavy rains. In MY 2018/19, sugar production is forecast to decrease slightly to 2.4 million MT if ethanol production increases and the lingering effects from the low intensity La Niña weather phenomena affect the harvest process. Post estimates sugar exports to reach 700,000 MT in MY 2017/18, up 1 percent from the previous year, and remain unchanged in MY 2018/19. In calendar year (CY) 2017, Colombia filled the 53,750 MT export quota under the U.S.-Colombia Trade Promotion Agreement (CTPA).

Colombia: Sugar Annual