Thailand: Sugar Annual

  |   Attaché Report (GAIN)   |   TH2021-0027

MY2021/22 sugar production is expected to recover to 10.6 MMT following two consecutive years of dramatically reduced production due to drought. Sugar consumption is anticipated to increase incrementally in line with the gradual economic recover after the prolonged COVID-19 outbreak. MY2020/21 and MY2021/22 sugar exports are expected to grow with projected global economic growth and more demand in the global sugar market due to less exportable sugar supply from Brazil.

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