Ecuador: Sugar Annual
Sugar production in marketing year (MY) 2017/18 returned to regular levels after a record setting level in MY 2016/17 the result of carry-over of cane not harvested the previous year. Domestic consumption is forecast to continue to decline at a small steady pace in coming years, due to nutritional labeling and fiscal policies. While sugar demand and supply find a new equilibrium, ethanol production might help absorb excess sugar supply.
