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Ecuador's sugar production in marketing year (MY) 2023/24 is forecast to remain at 530,000 MT, the same as the previous year's estimate, despite a significant increase in planted area of sugar cane.
The food processing industry is an important component of Ecuador’s manufacturing sector. This sector contributes 45 percent to Ecuador’s manufacturing gross domestic product and grossed $12 billion in net sales.
Planted area continues to decline, particularly in coastal regions. However, production per hectare continues to grow.
Sugar production in marketing year (MY) 2019 decreased compared to MY 2018 levels.