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On October 28, 2022, Tongaat Hullet’s management announced that they opted to go into voluntary business rescue due to the company’s severe levels of financial distress. On Tuesday November 1, Tongaat Hullet missed the deadline to pay R401 million ($22.9 million) for cane delivered by 4,300 growers in September.
The Netherlands will increase an existing tax on beverages as of January 1, 2023. This is envisioned to have a suppressing effect on the consumption of sugar-sweetened beverages. In parallel, the Dutch government is exploring a progressive tax on sugar-sweetened beverages.
This biannual report, published in May and November, includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in sugar.
This annual report provides information on U.S. sugar import and re-exports, including the fill rate of the sugar TRQs and sugar imports from Mexico.