EU-28: Sugar Semi-annual

  |   Attaché Report (GAIN)

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The first EU sugar production after the termination of the quota regime, MY 2017/18, is set to reach 20.1 million MT, with an additional 1.8 million MT for industrial use. This compares to a production of 16.5 million MT in MY 2016/17. With stable domestic consumption, EU sugar exports in MY 2017/18 are forecast at 2.5 million MT. EU sugar imports are forecast to decrease to 2 million MT as decreases in preferential imports are not offset by imports under new FTAs. The UK production increase allows British sugar processors to capture market share ahead of the 2019 Brexit. The EU isoglucose market, liberated from the quota limitations, is forecast to grow moderately.

EU-28: Sugar Semi-annual

Europe and Eurasia, European Union
Sugar

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