Dominican Republic: Sugar Semi-annual
For Marketing Year October 2021/September 2022 (MY 2021/22), Post forecasts overall sugar production to increase to 620,000 metric tons (MT) due to favorable weather conditions. During MY 2020/21, total sugar production reached 611,536 MT, a 3 percent increase from MY 2019/20 due to favorable rainfall patterns that improved agricultural yields. For MY 2021/22, Post forecasts exports of raw cane sugar at 190,000 MT. Since the United States is currently the only major export market for Dominican Republic (DR) sugar, this volume is similar to the DR’s country allocation for the U.S. tariff-rate quota (TRQ) for Fiscal Year 2022 (FY 2022). During MY 2021/22, Post forecasts imports will slightly decrease to 10,000 MT.