Annual Sugar Report, Peru – 7th April 2022
11th April 2022
Sugar cane production in MY 2023 is forecast at 11 MMT while cane sugar production if forecast to reach 1.32 MMT. Higher sugar prices are expected to encourage higher sugar output. The United States remains the main market for Peruvian sugar exports under the TRQ program.
Sugar cane production in Marketing Year (MY) 2023 is forecast at 11 million metric tons (MMT), increasing nearly five percent from the MY 2022 estimate. Cane sugar production for MY 2023 is forecast at 1.32 MMT, an increase of almost five percent over FAS Lima’s estimate for MY 2022. Cane sugar consumption is forecast at
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