South Africa: Sugar Annual
2nd May 2023
Post forecasts South Africa’s sugar cane crop will increase by 3 percent to 18.5 million metric tons (MT) in market year (MY) 2023/24 assuming a return to normal weather conditions, an improvement in yields, and industry efforts to increase production, especially for small-scale farmers.
Post forecasts that raw sugar production will increase by 9 percent to 2.2 million MT MY 2023/24, based an increase in the quantity of cane delivered to the mills and consistent mill efficiencies (sugar recovery rate). South Africa is expected to fully utilize its allocation of the U.S. tariff rate quota (TRQ) for sugar in
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