Ecuador: Sugar Annual
Ecuador’s sugar production in marketing year (MY) 2014/15 is estimated at 625,000 metric tons (MT), unchanged from 2013/14 levels. Sugar production for MY 2015/16 is forecast to drop to 620,000 MT, down 5,000 MT from the 2014/15 estimate as a consequence of lingering high stock numbers carrying over from MY 2014/15’s and MY 2013/14’s unusually high production. Total human domestic consumption in MY 2014/15 is estimated at 599,000 MT, unchanged from 2013/14’s level, but is forecast in MY 2015/16 to grow by almost two percent to 610,000 MT. Sugar exports in MY 2014/15 are estimated at 13,000 MT; a similar volume is forecast for MY 2015/16.
