Browse Data and Analysis

FAS-Lagos forecasts a 12 percent increase in raw sugar imports in marketing year (MY) 2025/26 compared to the prior year. This is due to increased foreign exchange availability, appreciation of the naira, and the projected increase in consumption.

FAS-Lagos forecasts a 6 percent decrease in raw sugar imports in marketing year (MY) 2024/25 due to the scarcity of foreign exchange and the projected decrease in consumption.

The Federal Executive Council approved the extension of the National Sugar Master Plan (NSMP) by 10 years (2023-2033). NSMP is an effort of the Government of Nigeria to ensure self-sufficiency in local sugar production.

Nigeria’s current 10-year Sugar Master Plan (NSMP) will end next year – likely moving on to another 10-year Phase Two Plan. The growth in sugar consumption is expected to be driven by the food processing sector.

Nigeria’s sugar industry is facing serious challenges despite efforts by the government to create self-sufficiency in sugar production and reduce raw sugar imports.

FAS Lagos (Post) forecasts Nigeria’s domestic cane sugar production in marketing year (MY) 2019/20 (May-April) to reach 75,000 metric tons (MT) (raw value), down about 6 percent....

EU sugar production in MY 2019/20 is forecast at 19.4 million MT, up from 18.2 million MT in MY 2018/19 in which an enduring summer drought took a significant toll on beet growth....

The EU started the post-quota era with an all-time record sugar production of 22.8 million MT for MY 2017/2018, of which 21.1 million MT is for processing into sugar....

MY17/18 sugar production is forecast to increase to 80,000 tons mainly due to adjustments by the Government of Nigeria (GON) now offering sugar industry stakeholders more favorable means to access....

The EU sweetener market will take a new start after the end of the 50 year old EU sugar quota production system on October 1, 2017, and will probably face a period of increased market volatility.

MY2016/17 sugar production is expected to remain relatively flat at 70,000 tons, which signals limited progress of Nigeria’s backward integration plans for sugar production.

The EU-28 sugar production for food purposes for MY 2016/17 is forecast at 16.5 million MT in raw sugar equivalent (RSE), with another 0.9 million MT produced for industrial purposes.