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China’s MY 2025/26 sugar production is forecast at 11.5 MMT, up 500,000 MT from the MY 2024/25 estimate, as planted areas continue to rise and weather conditions remain favorable.

China’s MY 2024/25 sugar production is forecast at 11 MMT, up 600,000 MT as acreage for both cane and beet are up and competition crops are less profitable.

Egypt’s sugar production in marketing year 2024/25 (October to September) is forecast to reach 2.6 million metric tons, down 110,000 tons from USDA official MY2023/24 production estimates on lower cane sugar production.

China’s MY 2024/25 sugar production is forecast at 10.4 MMT as the planted areas for both cane and beet are expected to rise. Given sugar prices are expected to trend down, China’s MY 2024/25 sugar consumption estimate is also forecast to increase to 15.7 MMT.

MY 2022/23 China’s sugar imports declined due to escalating world prices. Following suit, Chinese sugar prices spiked at the highest levels since 2012.

The industrial demand for sugar beets continues to rise, as it provides a higher price, thus incentivizing many farmers to plant more beets. In marketing year (MY) 2022/23 the sugar beets were subject to an outbreak of Rhizomania disease.

MY 2022/23 cane sugar production is estimated at 7.92 MMT, revised down 1.08 MMT from the USDA official estimate due to lower-than-normal rainfall in Guangxi, China’s largest sugar producing province. Sugar consumption has begun to rebound since after the removal of COVID-related restrictions. As China’s sugar imports are curbed by high world prices, stocks are likely to decline.

China’s estimated MY2021/22 sugar imports and stocks are revised upward, while consumption is revised downward due to low world prices and COVID-related policy impacts. Assuming beet acreage rebounds in Inner Mongolia, the MY2022/23 sugar production remains forecasted at 10 MMT.

MY 2021/22 estimates for production, trade, and consumption are all revised downward.

Egypt maintains a steady production of sugarcane, however sugar beet production areas are expanding. FAS Cairo (Post) forecasts refined sugar production in marketing year (MY) 2022/23 to increase by approximately 2.5 percent, or 70,000 metric tons (MT), to reach 2.92 million metric tons (MMT).

The sugar production forecast for MY21/22 (October – September) is revised down to 10.3 MMT on slower than expected growth in cane acreage and more sugar beet acreage losing out to corn.

Sugar production in MY21/22 (Oct-Sep) is forecast to marginally grow to 10.6 million metric tons as rising cane sugar production is expected to offset lower beet sugar production.