Dominican Republic: Sugar Semi-annual 2014
During Marketing Year 2013/2014 (MY 13/14), sugar production reached 561,324 Metric Tons (MT) and Post estimates overall production of nearly 580,000 MT during MY 14/15. For MY 13/14, exports of raw cane sugar will total approximately 220,000 MT, while imports for the same period will total an estimated 28,000 MT (final data not yet available). During MY 14/15, Post estimates that imports will increase to around 50,000 MT and exports will increase slightly to 230,000 MT. Finally, as expected, the Dominican Republic will not fill the U.S. annual sugar tariff-rate quota (TRQ) for Fiscal Year 2014 (FY 2014) due to continued strong exports to the EU and the decline in raw sugar production of the most important mill in the country.
