Colombia: Sugar Annual
21st April 2023
In marketing year (MY) 2023/24, Colombia’s sugar production is forecast to increase 2.2 percent to 2.35 million metric tons (MT), due to the end of “La Niña” weather phenomena and the beginning of “El Niño” weather phenomena.
Although warmer weather conditions and rising international sugar prices are expected to support higher sugar production, the upward trend of input costs, primarily transportation and labor, as well as social unrest in some sugarcane planted areas, will likely prevent productivity increases in the second half of 2023 and 2024. Colombia’s economy is projected to slow
You need to be signed in with our Sugar Starter plan or above to view this content
