Costa Rica: Sugar Annual
19th April 2024
FAS/San José expects Costa Rican sugar production in marketing year 2023/24 to recover from a 20-year low in the previous year and to continue to rise in marketing year 2024/25 on expanded area planted to sugarcane as producers in Guanacaste continue to abandon rice production.
Some forecasters expect a La Niña weather cycle to return in 2024, driving up sugarcane production in marketing year 2024/25 while reducing industrial yields. FAS/San José expects Costa Rica to continue to have sufficient exportable supplies of raw and refined sugars to satisfy domestic demand as well as quota-limited export opportunities in high value markets,
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