Colombia: Sugar Annual

  |   Attaché Report (GAIN)   |   CO2021-0004

In marketing year (MY) 2021/22, Colombian raw sugar production is forecast to recover to 2.4 million metric tons (MT), after an expected decline in MY 2020/21 due to excessive rains from La Niña weather phenomena. Colombian sugar consumption continues to increase, in parallel with the population growth rate; however, COVID-19 containment measures have impacted consumption patterns. In MY 2021/22, sugar exports are forecast to increase to 770,000 MT, due to the recovery in production and local consumption increasing at a slower pace. Colombian sugar imports are forecast to decrease 10 percent in MY 2021/22 because of higher production levels.

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