El Salvador: Sugar Annual

Sugar production in marketing year (MY) 24 is estimated at 787,000 metric tons (MT), while production for MY23 reached 765,000 MT. Continued international prices have eased the financial burden exerted by the high cost of inputs on the sugar sector. However, inflationary concerns due to the continued Ukranian crisis has led the Government of El Salvador (GOES) to include sugar in a basket of basic food products with a reduction to zero percent import duty until March 2025.